This was somewhat inevitable. The London 2012 Olympics decided to sell the commemorative torches held by everyday people to the runners at a discount price. Quick as a flash, they appeared up on eBay, where the £295 (~$470) torches have hit some astronomical bid prices.
The Mirror reports on the case of Sarah Milner Simonds, whose torch reached the astronomical heights of £153,000 (~$245,000) via eBay auction. Something tells me that there’s a strong element of junk bidding in place there; either that, or her sale — which she told The Mirror was to raise funds for a community garden she represents — has just hit a windfall. [The Mirror]