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Miracle on Ice gold medal sold for $262,900

What’s an Olympic gold medal from the United States’ 1980 “Miracle on Ice” worth?

That’s how much a medal owned by Mark Pavelich fetched in an online-only auction Friday, according to Heritage Auctions of Dallas. Pavelich sold his medal, Heritage sports director Chris Ivy told the Associated Press, in order to help his family. “I’m doing a lot for my daughter here,” he told Yahoo’s Puck Daddy this spring. “I want her to get a step forward in life. That’s probably the biggest reason.”  This is only the second time a gold medal from the “Miracle” team has gone on sale. Mark Wells got $310,700 for his in 2010.

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