Back in 2006 Jamie Gold broke the record for the largest World Series of Poker Main event prize ever to be awarded and since then nobody came even close to matching his performance. A relatively unknown player, Jamie took the poker community by surprise and out-shined 8,773 players en route to winning $12 million. Most of the money is gone, but he held on to his golden bracelet and now this pricey piece of jewellery has a new owner who decided to remain anonymous.
Heritage Auctions was the organisation that oversaw the bidding process which began on July 13 and concluded on August 1. Not much information has transpired about the new owner, but Heritage Auctions told the media that the item was sold for $65,725. It looks like Jamie Gold was not the previous owner, because he sold it to a third party and the identity of this intermediate buyer also remains a secret.
Noah Fleisher deflected a barrage of questions coming from the media and only revealed the fact that the temporary owner started the auction at $26,000. There was no shortage of interested buyers and in the end the price increased almost 3 times with a part of the $65,725 representing auction fees. Heritage Auctions went to great lengths to make sure that all prospective buyers would enjoy unrestricted access to placing the bids and made it possible to bid in person as well as over the phone or Internet.
It comes as no surprise that the new owner is someone who is particularly interested in the game of poker, but this is one of the few details shared by Noah Fleisher. The auction house and their representative will respect the wish of the new owner to remain anonymous so it is most unlikely for additional information to be leaked. The bracelet itself is a remarkable piece of jewellery with 259 stones including sapphires, rubies and expensive black diamonds, yellow and white gold.
It is not unheard of for the World Series of Poker main event winners to sell their bracelets, and even more side event jewelries were sold in auctions. Peter Eastgate, Paul Clark, Brad Daugherty and TJ Cloutier sold their bracelets as well, with the former raising almost $150,000 for charity. Jerry Yang is also on the list of players who auctioned off their bracelets, although in his case the reason was to extinguish a debt to the Internal Revenue Service who found him delinquent on his taxes.