The most decorated American diver is selling three of his five Olympic medals.
Greg Louganis, who won two golds in 1984 and two in 1988, along with a silver in 1976, is parting ways with the physical reminders of his greatness.
The medals were previously offered as part of a collection he sold in 2023 at Bonham’s, but didn’t sell when bidding failed to hit the reserve.
Louganis says he is selling the medals because he could use the money. He is selling his house and would combine the proceeds and put it toward a new adventure.
“When people come over they ask where my medals are,” Louganis told cllct. “And sometimes I wouldn’t know because I didn’t have it on display. I’m 65 now, and I’ve gotten to the point where I feel like so many of my possessions own me.”
As of Tuesday morning, Louganis’ most valuable medal — the 10-meter platform gold from 1988 — is at a high bid of $23,478, including buyer’s premium. In those Summer Games in Seoul, Louganis famously hit his head against the diving board in the prelims.
Closely behind in the bidding is his gold from the 3-meter springboard in 1984, with a top total bid of $22,700.
Louganis’ first medal — a silver he won at 16 years old in 1976 — sits at $5,980, including buyer’s premium.
Bidding at RR Auction ends July 17.
“I want them to go someplace where they'll be appreciated,” Louganis said.
Louganis gave his other 1984 gold medal (10-meter platform) to his coach Ron O’Brien in 2013. The medal was returned to Louganis when O’Brien died in November 2024.
Darren Rovell is the founder of cllct and one of the country's leading reporters on the collectibles market. He previously worked for ESPN, CNBC and The Action Network.