Gallipoli VC medal sets auction record
Published July 25th, 2006
Australian Auction Info
Australia’s last privately owned Victoria Cross medal awarded at Gallipoli sold at auction in Sydney, setting a world record price of $1 million.
The medal was purchased by a prominent philanthropic Australian businessman who wished to remain anonymous and who bid over the phone.
Lot 1078 included seven other medals with a combined value of less than $100,000.
The $1 million price tag breaks the record of $595,000 set in 2005 for a medal won by captain Thomas Hardy at Lord Nelson’s victory at Trafalgar in 1805.
