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Diamond’s medal soars above reserve

Diamond’s medal soars above reserve

Michael Diamond’s 2000 Sydney Olympics gold medal has sold for $20,000 above reserve. Retired British four-time Olympic fencer Richard Oldcorn, who never won his own gold, bought the medal for $72,000.

It came after Diamond revealed earlier this month that he had no choice but to sell the medal to pay off legal fees, rebuild his career and support his children after being charged, then acquitted, over firearm offences.

Diamond was charged with high-range drink-driving, not keeping a firearm safe and using a firearm while under the influence of alcohol after a roadside breath test in 2016. Police allegedly found a shotgun and 150 rounds of ammunition in his vehicle at the time.

With pending charges, Diamond was deemed ineligible for the 2016 Rio Olympics and missed the opportunity to compete in his seventh Olympic games.

The trap shooter was found guilty of firearm offences in May 2017. However, on appeal in October, the judge found the gun was in a case and dismantled. Even if someone had been drinking, the judge said it didn’t “mean you can’t keep your firearm safe”.

Richard said he was not interested in owning the medal to claim it as his own, but rather because he felt it was very special.