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VIETNAM-ERA VICTORIA CROSS BRINGS AUS$488,000 AT AUCTION
OK, I am getting old. The Vietnam War seems like recent history to me, but it's been forty years. That's still a short time by history standards, which makes it interesting to see the values being fetched by certain Vietnam medals. The Victoria Cross craze goes on, as this article from an Australian newspaper shows. -Editor.A Victoria Cross medal from the Vietnam War has sold for $488,000 at auction in Sydney while another similar medal awarded after World War 1 will go under the hammer next week.
The sales have reignited the debate over whether such decorations should be sold off and whether private collectors should be able to buy them.
The sold medal was awarded to Adelaide-born Major Peter Badcoe for a series of heroic actions during the Vietnam War in 1967.
The Victoria Cross, the commonwealth’s highest decoration for gallantry, was sold to an anonymous buyer, but will remain in Sydney, the auctioneer said.
Three bidders were in the race to buy the medals, with spirited bidding starting at $300,000 in Bonhams & Goodman’s auction house in Double Bay tonight.
Bonhams & Goodman chairman Tim Goodman said the medal would remain in Australia.
To read the complete article, see: Australian war history goes under the hammer
Wayne Homren, Editor
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