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Poker champ selling bracelet on eBay
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Peter Eastgate of Denmark was the 2008 World Series of Poker champion.
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LAS VEGAS REVIEW-JOURNAL
Updated: Nov. 17, 2010 | 8:29 a.m.
Peter Eastgate, the 2008 World Series of Poker champion, has placed his gold and diamond champions bracelet for sale on eBay.
Eastgate, who earned $9.15 million by topping a field 6,843 players, said in the listing all proceeds from the sale would be donated to the U.S. Fund for UNICEF, a children's charity.
Earlier this year, Eastgate, a 24-year-old from Denmark, told The Associated Press he had retired from poker.
Buyers have until Nov. 25 to claim the bracelet. As of Tuesday afternoon, three bids have taken the bracelet up to $16,300 -- $300 more than original listing price.
In an interview with a Danish publication, Eastgate said he had great pride in his title but the bracelet was never worn. If the sale of the bracelet helps others, he "would be delighted."
The World Series of Poker bracelet is made from 168 grams of 18-karat white gold and has a total of 291 diamonds, making up 2.81 carats encrusted into it.
"We think Peter's situation is unique and support his effort to raise money for worthy causes," World Series of Poker spokesman Seth Palansky said. "As a young man, we hope he won't regret this decision one day, but it's his right and we wish him nothing but the best."
Eastgate broke 11-time bracelet winner Phil Hellmuth's record as the youngest World Series of Poker champion ever.
Contact reporter Howard Stutz at hstutz@reviewjournal.com or 702-477-3871.
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It is his money and his bracelet. He can pretty much do what he wants with it. He is doing a good thing and there are many that would love to bid on that bracelet. Seems pretty smart to win the big one and retire from poker. Sounds like he has his head on right.
A worthy gesture. Only two things of note:
1. If he won over 9 million dollars, wouldn't it be more effective to just donate part of his winnings?
2. The statement that "the bracelet was never worn", directly under a picture of him wearing the bracelet, is an odd thing.
Good for him - he hasn't let his title go to his head. Nice to see he's doing something positive with his poker earnings.