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RECORD PRICE FOR AN AUSTRALIAN VICTORIA CROSS MEDAL
The mania for military medals (particularly the Victoria Cross) continues unabated - no recession in that market. This article tells of the recent sale of a rare Austrailian VC for a record 770,000 Australian pounds (about $810,000 US).
-Editor
Brave dad-of-four Ted Kenna, who died aged 90, decreed his medal for single-handedly taking out a Japanese machine-gun nest should be sold to provide for his relatives. They were stunned by a frantic bidding battle in Melbourne, Australia, which saw the gong bought by an anonymous collector. Son Rob said of the fortune: "It was dad's legacy to us." Only 20 of the medals were awarded to Aussie troops in World War II. Ted's beat the previous auction record for a VC — £491,567. His 12 grandkids and 19 great-grandchildren will also benefit. He was a private when he stormed the two-man machine-gun post in New Guinea — killing both of the enemy. The VC was awarded for his "magnificent courage".
To read the complete article, see:
Victoria Cross sells at record £770k in bids war
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