Canadian hockey gold medal from 1952 Winter Olympics sells for $50k at auction

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A gold medal awarded to a Canadian ice hockey player at the 1952 Oslo Winter Olympics sold for $50,000 at auction Thursday.

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A gold medal awarded to a Canadian ice hockey player at the 1952 Oslo Winter Olympics sold for $50,000 at auction Thursday.

Auction house RR Auction says the medal was given to William “Billy” Gibson, a forward for the Edmonton Mercurys which represented Canada at the Games.

The auction house says Gibson was the leading scorer in the tournament and he helped secure the team’s gold medal win over the United States — Canada’s last in men’s hockey until the 2002 Games in Salt Lake City.

A gold medal awarded to a Canadian ice hockey player at the 1952 Oslo Winter Olympics, shown in this undated handout photo, sold for $50,000 at auction Thursday, Feb. 19, 2026. Auction house RR Auction says the medal was given to William
A gold medal awarded to a Canadian ice hockey player at the 1952 Oslo Winter Olympics, shown in this undated handout photo, sold for $50,000 at auction Thursday, Feb. 19, 2026. Auction house RR Auction says the medal was given to William "Billy" Gibson, a forward for the Edmonton Mercurys which represented Canada at the Games. THE CANADIAN PRESS/Handout - RR Auction (Mandatory Credit)

It says the medal was consigned by Gibson’s family, where it had remained since 1952.

The auction house says it was one of only 48 gold medals manufactured for the 1952 Oslo Winter Games, making it one of the rarest of all modern Olympic gold medals.

Other Canadian Olympic memorabilia included in the sale were a 1932 Lake Placid bronze medal given to Winnipeg speedskater Frank Stack, which sold for just over $45,000, and a torch and lamp from the 1988 Calgary Games sold for roughly $25,400. 

This report by The Canadian Press was first published Feb. 20, 2026.

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