SCP Auctions, Inc.
Timed Auction

2024 SPRING PREMIER AUCTION

Wed, Mar 27, 2024 08:00PM EDT - Sun, Apr 14, 2024 07:50AM EDT
Lot 27

1968 Mexico City Olympics Gold Winner's Medal for 100 Meter Dash Awarded to American Jim Hines (1st to Break 10 Seconds; Held World Record for 15 Year

Sold for
$75,205.20
Sold Price includes BP

Bid Increments

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$30,000 $2,500
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"The World’s Fastest Human." For well over a century, this coveted designation has stood as the pinnacle of athletic achievement. Jesse Owens, Carl Lewis and, most recently, Usain Bolt have all worn the crown honorably. But nobody has worn it longer than Jim Hines. At the 1968 Mexico City Olympics—a Games rooted in racial controversy—the 22-year-old African-American sprinter won the Olympic gold medal in the 100 Meter dash to earn the prestigious title. He also set the world record by becoming the first ever to break 10 seconds, and he did so at the highest altitude for a Summer Games before or since.The ’68 Mexico City Games have long been linked to Hines' U.S. Track & Field teammates Tommie Smith and John Carlos, whose gold and bronze medals in the 200 Meters prompted their courageous Black Power Salute on the podium. Faced with the same racial tension at home and abroad, Hines performed masterfully. On the evening of October 14, he glided to gold medal glory in the 100 Meter final with an official time of 9.95. As the fastest legal electronically-timed 100 meters to that date, Hines' mark was recognized exclusively as the new world record and it stood for 15 years—by far the longest stretch in history. (Calvin Smith would lower it to 9.93 in 1983.) A week later, Hines won his second Olympic gold medal in the 4 x 100 Meter Relay when he anchored Team USA to a blazing time of 38.24 seconds, setting another world record.Following the Olympics, Hines played parts of two seasons in the NFL for the Dolphins and Chiefs as a wide receiver. In 1979 he was inducted into the National Track and Field Hall of Fame. Born in Dumas, Ark. and raised in Oakland, Calif., where he has lived most of his life, Hines became a member of the Bay Area Sports Hall of Fame in 2014.This lot presents Jim Hines’ historic 100 Meter gold medal with its original green ribbon as it was presented to him on the podium in Mexico City. It comes with impeccable documentation signed by Hines himself. Notwithstanding this example, it is extremely rare for any winner’s medal from the ‘68 Summer Games to surface. And you can count on one hand the number of golds offered publicly. As a point of reference, the Adidas racing spikes worn by Hines to win double gold at the ’68 Games sold for $30,768 in SCP’s 2014 Spring Premier. And most recently, we sold Hines' 4x100m gold medal for $33,359.As was the case with all post-1912 gold medals, this one is made of silver-gilt (vermeil) with gold plating. “XX OLIMPADA MEXICO 1968” adorns the obverse next to the Nike, Greek Goddess of Victory. The reverse shows a champion on the shoulders of celebratory athletes. The unique design by Italian sculptor Guiseppe Cassioli includes a thin 25mm square plate, attached by bezel setting, with a pictograph of a foot depicting Track & Field (Athletics) that connects to the medal on the obverse; the 100 Meters event is engraved in Spanish (“100 mts. planos varonil”) on the reverse of this small plate. The green ribbon has a total length of 30 inches around and is exceptionally well-preserved. Measuring 60mm in diameter and 3.5mm thick, the medal alone weighs 120 grams, with the event plate and ribbon adding another 12g. See Getty 515287578 for Hines wearing his gold medal on the podium.Overall, the medal remains in Very Fine condition with little surface wear and only the slightest bit of oxidation on the reverse. According to a highly reputable numismatics evaluator, most gold medals from these Games do not exhibit such a uniformly thick coating of gold plating (a shortage of gold available for minting Mexico City golds prevented this). It should also be noted that Bob Beamon's 1968 Olympic gold medal for winning the Men's Long Jump in Mexico City recently sold for $441,000 at auction.This medal comes with seal proof documentation signed by Jim Hines.

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