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Eastgate bracelet sells for $147,500

29 Nov 2010

By Howard Stutz
LAS VEGAS, Nevada -- The gold and diamond championship bracelet put up for auction on eBay by 2008 World Series of Poker winner Peter Eastgate sold for $147,500.

The auction attracted 116 bids. The buyer was not disclosed.

Eastgate said all proceeds from sale of the bracelet would be donated to the U.S. Fund for UNICEF, a children's charity.

Eastgate, 24 of Denmark, earned $9.15 million and the bracelet for topping a field 6,843 players in 2008 at the Rio in winning the $10,000 buy-in No Limit hold'em World Championship. He told The Associated Press earlier this year he had retired from poker.

Eastgate originally listed the bracelet at $16,000.

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.

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