Calgary 1988 Winter Olympic torch captures $46K US in auction - Action News
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Calgary 1988 Winter Olympic torch captures $46K US in auction

An American collector has won the bid for a pristine and rare 1988 Calgary Winter Olympic torch at a Boston auction.

Unused torch fetches second-highest price at Olympic sale

"Calgary torches are among the rarestonly about 150 torches were produced, said Robert Livingston, executive vice president of the Boston-based auction house. (Philip Walker/Canadian Press)

A torch from the 1988 Calgary Winter Olympics has fetched more than$46,000 USat a Boston-based auction house.

"What makes a torch from Calgary so collectable and so valuable is they only made about 150 of them,"said Robert Livingston, executive vice presidentof RR Auction.

But fewer than that arestill kicking around,saidWinSportspokesperson Dale Oviatt.

"They get scratched or broken or tossed out," he said. "You know, a lot of the other Olympic Games,they made thousands upon thousands of these."

Anotherreason this Olympic relic is so valuable is because it's never been lit.

It also still has all of its original wicks.

Livingston saidaweak Canadian dollar meantmost of the bidders were from other parts of the world.

At today's currency exchange, aCanuckbidderwould have paid $65,000 Cdnto win the torch.

In the end, an Americanman took home the'88torch.

It was the second-highest bid as part ofweek-long auction specializing in Olympic icons.