Over four Olympics, the 37-year-old swimmer won 12 medals, including six golds that he intends to keep for the time being.
From his vacation in Mexico, Lochte told The Associated Press over the phone on Sunday, “I’m not one to be all sentimental about medals.” “My medals are just gathering dust in my closet. What matters most to me are the memories I have.
RR Auction, based in Boston, is offering the medals for sale in three lots. Sales end on July 21.
The first lot is Lochte’s first individual Olympic medal, a silver in the 200-meter individual medley from the 2004 Athens Games in which Michael Phelps won gold. It has an estimate of $10,000 or more.
The second lot is a pair of bronze medals from the 2008 Beijing Games, in which Lochte finished third in the 200 IM and 400 IM. The estimate is $12,000 or more.
The third lot features three medals from the 2012 London Games. Lochte finished second in the 200 IM, second in the 4×100 freestyle relay, and third in the 200 backstroke. The estimate is $60,000 or more.
Bobby Livingston, executive vice president of RR Auction, said the medals were consigned by a person who received them from Lochte and wishes to remain anonymous.
“They’re in perfect condition. They have beautiful ribbons,” Livingston said. “Ryan’s are obviously extremely interesting to people who collect medals.”
Lochte confirmed he is not the direct seller.
“I gave them to a third party,” he said. “Everything we earn is going straight to the charity.”
Also for sale is a 14k white gold Olympic ring and a Breitling watch with black diamonds. Lochte bought both items for himself after the London Games.
His selected charity is Jorge Nation Foundation, a non-profit that raises money to send children with a terminal illness and their families on a dream trip from South Florida to a destination of their choice. Lochte said he’s worked with the foundation for over 10 years. His agent is on its board of directors.
“This year I really wanted to focus on giving back. I’m loving it,” he said. “I’ve been teaming with my dad doing swim clinics and I’m coming out with my own sunscreen.”
During his career, Lochte routinely gave away his medals from national competitions to kids in the crowd.