Peter Eastgate’s 2008 Main Event Bracelet Sells for $147,500

Over the last couple of weeks, most of the poker world has been watching the Ebay auction for Peter Eastgate’s 2008 WSOP Main Event bracelet.  Eastgate put his bracelet up for auction to benefit the US Fund for Unicef and started the bidding at $16,000.  After some fierce bidding, including a strong challenge by Tony G, the bracelet finally sold early Thursday morning for $147,500.  116 bids were placed on the bracelet with 7***l winning the bidding.  The identity was withheld per Ebay policy.

For the price of a new home, you could have had this.

Tony G had been a major player in the bracelet auction, claiming that he was bidding on the bracelet so that he could turn it into a dog collar for his pet dog.  If the t***g user was indeed the Tony G account, his pursuit of the bracelet stopped at $125,200.  Of the $147,500 raised, $142,915.50 will go to UNICEF and $4,587 will go to MissionFish, the Ebay nonprofit that ran the auction.

Eastgate won the bracelet in 2008 and for a time became the youngest WSOP Main Event Champion in history at 22 years of age.  Joe Cada broke that record the following year.  Eastage also made a deep run in the 2009 WSOP.  Eastgate was then noticeably absent from the 2010 WSOP, and rumors circulated that he was skipping the preliminaries due to the World Cup.  However, Eastgate did not show up for the Main Event and then subsequently released a statement that he was stepping away from competitive poker.  The auctioning off of the bracelet is considered by many as a defining exclamation that he is indeed done with poker.

In other related new, Eskimo Clark’s 1999 WSOP Razz bracelet is also up for bids.  The bracelet is not being sold for charity and is assumed that a third party bought the bracelet off Clark, or he may have even pawned it.  The bracelet is 117.1 grams of solid gold currently sits at $3,025.50 in bids.

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