What’s An Olympic Torch Worth Online?

What’s An Olympic Torch Worth Online?


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]