TOMMIE SMITH'S 1968 OLYMPIC GOLD MEDAL AND 200M WORN PUMAS

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Click Here to Read Interview with Tommie Smith

TERMS OF SALE

1. ANYONE WISHING TO BID MUST SUBMIT A $100,000 DEPOSIT INTO AN ATTORNEY ESCROW ACCOUNT. THAT WILL ENTITLE THEM TO PERSONALLY INSPECT THE MEDAL AND SHOES IN THE WEEK PRECEDING THE SALE.

2. A BUYER'S PREMIUM OF 20% WILL BE ADDED TO THE WINNING BID.

3.THE OPENING BID IS $250,000. THERE IS A RESERVE IN PLACE BELOW WHICH THE MEDAL & SHOES WILL NOT BE SOLD. BIDS WILL BE SUBMITTED BY TELEPHONE AND INTERNET ONLY. THE SALE WILL CLOSE AT 10 PM EASTERN TIME ON NOVEMBER 4, 2010. THE HIGHEST BIDDER SHALL BE DEEMED THE WINNER, ASSUMING THAT THE RESERVE IS MET.

4. M.I.T. MEMORABILIA RESERVES THE RIGHT TO NOT ACCEPT AND/OR REJECT ANY BID AT ITS SOLE DISCRETION.

5.IF YOUR BID IS NOT THE WINNING ONE, YOUR DEPOSIT WILL BE RETURNED WITHIN THREE BUSINESS DAYS OF SALE'S END. IF YOU ARE THE WINNER, IT WILL BE DEDUCTED FROM THE BALANCE DUE. A WINNING BIDDER WHO DOES NOT PAY IN FULL WITHIN THREE BUSINESS DAYS OF CLOSE OF SALE WILL FORFEIT HIS OR HER DEPOSIT.

6.UNLESS A LEGITIMATE RESALE CERTIFICATE IS PRESENTED TO M.I.T. MEMORABILIA INC., THE BUYER WILL BE REQUIRED TO PAY NEW YORK STATE SALES TAX.

7. ANY DISPUTES ARISING FROM A BREACH OF THESE CONDITIONS OF SALE SHALL BE GOVERNED BY AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF NEW YORK STATE. SUBMISSION OF A BID MEANS THE PURCHASER SHALL BE DEEMED TO HAVE CONSENTED TO THE JURISDICTION OF THE STATE AND FEDERAL COURTS OF NEW YORK.

M.I.T. MEMORABILIA INC. is honored to be the purveyor of this extraordinary piece of history.

Call 845-496-6699

M.I.T. MEMORABILIA  INC.
         Gary J. Zimet \ Curator
         P.O. Box 37
         Washingtonville, NY 10992
         Phone (845) 496 6699
         Fax (845) 496-6367
         VIE1@aol.com