Anyone win this medal at heritage tonight? I got outbid bad

joebb21

https://historical.ha.com/itm/political/tokens-and-medals/dmitry-muratov-2021-nobel-peace-prize-medal/a/790-1.s?ic=hero-DmitryMuratov-charityAuction-bidNow-790-053122

Coinosaurus

Is that number for real? Holy cow.

HA commented:

“I can’t believe it. I’m awestruck. Personally, I’m flabbergasted. I’m stunned. I don’t really know what happened in there,” said Joshua Benesh, the chief strategy officer for Heritage Auctions. “We knew that there was a tremendous groundswell of interest in the last couple of days by people who were moved by Dimitry’s story, by Dimitry’s act of generosity, that the global audience was listening tonight,” he said.

pmh1nic

$103.5 million. Hopefully most of it will go to those needing it the most.

GoBust

100%

GoBust

Great job Heritage!

Swampboy

A noble effort.

LanceNewmanOCC

@pmh1nic said:
$103.5 million. Hopefully most of it will go to those needing it the most.

i hope so and MUST be the reason it sold for so much more than the other(s) i've seen sell.

100% of Proceeds Will Benefit UNICEF's Humanitarian Response for Ukrainian Children Displaced by War

i cannot even begin to fathom what countries are like after major wars where a significant percentage of the population of males (fathers,brothers,cousins,uncles,grandfathers etc) are removed from life, leaving all those (wives,sisters,cousins,aunts,grandmothres) CHILDREN without them, there presence, comfort, strength en-masse.

thanks for posting this @joebb21

is this now the highest-dollar item to sell through heritage?

MedalCollector

Amazing.

So does this settle the debate?

Exonumia > coins

Paradisefound

What was your max?

Maywood

I wonder if it was an Individual, Corporation or Government that was the winning bidder??

MrEureka

I didn’t bid. I just don’t feel completely comfortable buying 9 figure medals unless they’re certified by one of the TPGs.

dunkleosteus430

I'm getting the vibe from this thread that about half of the members here are millionaires...
Still, that's just awesome. Unbelievable. I saw the starting bid but never expected it to go near how much it sold for.

ricko

That is an incredible price.... I certainly hope the funds indeed go to the declared beneficiaries. Cheers, RickO

habaraca

Hate being the under-bidder again.........

joebb21

Im just curious- perhaps a person/company/country who did not want their "charitable donations" to be tracked was the winning bidder. They get to send 103mm through heritage to the Ukraine relief effort. Perhaps they were "just trying to buy the medal..." so that their actions would seem legit- and non traceable.

Heritage also benefits (I imagine???) as they show on their tax records a donation of 103mm which is a nice tax right off.

Everyone wins?

oih82w8

Great cause, outtathisworld bid!

Kove

@Maywood said:
I wonder if it was an Individual, Corporation or Government that was the winning bidder??

Of course it's all just speculation, but at $103.5M I wouldn't be surprised if a billionaire Russian oligarch found a private way to thumb his nose at Putin.

FlyingAl

I saw this image in a news report:

It seems the winner wanted to donate a certain amount of money rather than win the medal. The bid does seem just a tad overkill if that's not the case . It's certainly going to make a statement!

DCW

So, did the bid really jump from 16 million to 103 million?
I didn't know this was even possible (or logical.)
Really exciting auction for exonumia, though I'm sure as others have stated the money was much more for the good cause than the medal

Catbert

The winning bidder took lessons from TDN!

DCW

@Catbert said:
The winning bidder took lessons from TDN!

Hahaha, I was thinking the same thing. TDN on steroids maybe

1northcoin

I see it was a Phone bid. Curious if there will be any follow-up to verify payment actually is made.

1northcoin

For those with greater auction experience, what happens when the high bidder does not pay up?

Is the item then offered to the underbidder? In a case like this where there is a 86 million, 900 thousand difference would this effectively would have cut off other bidders so that the underbidder gets a relative bargain. Could provide incentive for some shenanigans to stop the bidding to the advantage of the underbidder if the two were in cahoots.

Of course in this case it is hard to imagine that the intrinsic value of the item being bid on is worth even what the underbidder bid, but could be a ploy in another situation if the underbidder does get the opportunity to buy at his bid.

MFeld

@1northcoin said:
I see it was a Phone bid. Curious if there will be any follow-up to verify payment actually is made.

I read a press release, which said, in part “The winning bidder wishes to remain anonymous. The funds have already been remitted to UNICEF.”

amwldcoin

@MFeld said:

@1northcoin said:
I see it was a Phone bid. Curious if there will be any follow-up to verify payment actually is made.

I read a press release, which said, in part “The winning bidder wishes to remain anonymous. The funds have already been remitted to UNICEF.”

Did Heritage sell this as a goodwill gesture...in other words did they comp the auction fees for the cause?

MFeld

@amwldcoin said:

@MFeld said:

@1northcoin said:
I see it was a Phone bid. Curious if there will be any follow-up to verify payment actually is made.

I read a press release, which said, in part “The winning bidder wishes to remain anonymous. The funds have already been remitted to UNICEF.”

Did Heritage sell this as a goodwill gesture...in other words did they comp the auction fees for the cause?

This was also included in the press release: "“Several months ago, we at Novaya Gazeta asked ourselves what we could do to stop the war and help these civilians get their lives back,” Muratov said Monday night. “We decided to sell our Nobel Peace Prize medal through Heritage Auctions, which managed the process very efficiently and waved all their fees and commissions completely. We thank them for this.”

amwldcoin

@MFeld said:

@amwldcoin said:

@MFeld said:

@1northcoin said:
I see it was a Phone bid. Curious if there will be any follow-up to verify payment actually is made.

I read a press release, which said, in part “The winning bidder wishes to remain anonymous. The funds have already been remitted to UNICEF.”

Did Heritage sell this as a goodwill gesture...in other words did they comp the auction fees for the cause?

This was also included in the press release: "“Several months ago, we at Novaya Gazeta asked ourselves what we could do to stop the war and help these civilians get their lives back,” Muratov said Monday night. “We decided to sell our Nobel Peace Prize medal through Heritage Auctions, which managed the process very efficiently and waved all their fees and commissions completely. We thank them for this.”

Kudos to Heritage!

batumi

@MrEureka said:
I didn’t bid. I just don’t feel completely comfortable buying 9 figure medals unless they’re certified by one of the TPGs.

...and CAC'ed!