SJSU Olympian Sells Precious Medal

By Mike Anderson
|  Wednesday, Oct 13, 2010  |  Updated 5:32 PM PDT
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SJSU Olympian Sells Precious Medal

AP

Tommie Smith and John Carlos giving the black-gloved salute at the 1968 Summer Olympics.

Tommie Smith is selling the gold medal he won at the 1968 Summer Olympics in Mexico City, where he and John Carlos rocked the sports world with a black-gloved salute on the podium.

The former San Jose State University runner is also getting rid of his running shoes. Bidding starts at $250,000 at a M.I.T. Memorabilia auction in New York.

Smith was banned from the Olympics after making his iconic gesture on the medal stand, but the civil rights protest earned him international acclaim.

The 66-year-old Smith declined to comment to the San Jose Mercury News, but M.I.T.'s Gary Zimet said Smith is selling his medal for the money but also because he wants to share it with the public.

The sale is scheduled to close on Nov. 4

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