Behind Michael Phelps, [autotag]Ryan Lochte[/autotag] is the most decorated swimmer in Olympic history with 12 medals (six gold, three silver and three bronze). Six of those, the bronze and silver ones, are up for auction, according to the Associated Press.
This is no money-making grab, though. Lochte gave the medals to a third party and everything earned goes “straight to the charity.” The medals are being sold in three lots by RR Auction in Boston and bidding ends July 21. The charity selected is the Jorge Nation Foundation.
The first lot contains a silver medal, Lochte’s first individual Olympic medal, from the 200-meter individual medley at the 2004 Athens Games. Its estimated value is $10,000 or more.
Lot No. 2 is a pair of bronze medals from the 2008 Beijing Games where Lochte placed third in the 200 IM and 400 IM. The estimated value is $12,000 or more.
The third lot is valued at $60,000 or more and contains three medals from the 2012 London Games, two silvers (200 IM and 4×100 freestyle relay) and a bronze (200 backstroke). Also for sale is a 14k white gold Olympic ring and a Breitling watch with black diamonds that Lochte bought for himself after the London Games.
When asked why he was parting ways with the medals, Lochte admitted that they weren’t of much personal value to him.
“I’m not one to be all sentimental about medals,” Lochte told The Associated Press. “My medals are just sitting in my closet collecting dust. The memories that I have is what means the most.”
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