Iranian Olympian to auction his gold medal
- Published: Nov 20, 2017, 6 AM

In the wake of Iran’s devastating earthquake Sunday, Nov. 12, that killed at least 530 people, one of that nation’s top athletes is doing his best to assist with recovery efforts.
Kianoush Rostami, a 26-year-old Olympic gold medalist, is auctioning his 2016 weightlifting gold medal, in hopes of raising significant funds that could be used to help his home country bounce back, particularly the Kermanshah Province, which saw several villages totally leveled on Sunday evening.
Connect with Coin World:
Sign up for our free eNewsletter
Like us on Facebook
Follow us on Twitter
In total, the quake is said to have destroyed over 30,000 homes, while causing severe damage in a handful of northern and western provinces in both Iran and Iraq.
According the Forbes, the monetary value of a Rio 2016 gold medal is $564 in U.S. funds. It is uncertain how much the medal might bring when auctioned.
Aid hasn’t been swift, as hundreds of thousands are currently freezing, and lack water, food and other basic resources.
Want to donate to relief efforts? Click here.
MORE RELATED ARTICLES
Community Comments
Headlines
-
US Coins Jun 7, 2023, 2 PM
‘Ship of Gold’ exhibit set to dock at Long Beach Expo
-
World Coins Jun 7, 2023, 1 PM
Pobjoy Mint issues penguin bullion with king’s image
-
Paper Money Jun 7, 2023, 1 PM
Abkhazia releases 15,000 new notes for anniversary
-
US Coins Jun 6, 2023, 4 PM
Florida law stops waiting period for bullion sales