28 Feb 2017

Olga Korbut cashes in Olympic medals

2:02 pm on 28 February 2017

Olga Korbut, the Soviet gymnast who charmed the world at the 1972 Munich Olympics, has sold her medal haul and other trophies at an auction in the United States.

The sale of seven lots - including two golds and a silver from the Munich Games - fetched $255 thousand for Korbut.

All up the auction raised $465 thousand.

The most expensive item was her team gold which fetched $92 thousand.

Born in Belarus, she moved to the US in 1991. Now 61, she lives in Arizona.

One of the Olympic gold medals Olga Korbut has sold.

One of the Olympic gold medals Olga Korbut has sold. Photo: Heritage Auctions

Russia's Gazeta.ru news reports that she has had financial difficulties.

In 1972, at the height of the Cold War, Korbut's breathtaking gymnastics won millions of admirers in the West when she was just 17.

Just 1.5m tall (4ft 11), she was nicknamed "the Sparrow from Minsk". Her captivating smile and quirky charm helped to turn her into an Olympic legend.

She won three golds (team, balance beam and floor exercise) and a silver at the 1972 Munich Olympics. In 1976 she won another gold and a silver at the Montreal Games.

Olaga Korbut competing at the 1976 Olympics in Montreal.

Olaga Korbut competing at the 1976 Olympics in Montreal. Photo: Supplied

Heritage Auctions, organiser of the sale, says "there is hardly a gymnast alive who doesn't credit this tiny force of nature for the explosion of the sport's popularity on a global level".

The sale items included one of her performance leotards, her 1972 BBC Sports Personality of the Year Award, various Soviet medals and a sports magazine cover signed by her.

The Korbut Flip was a spectacular trick that she performed on the asymmetric bars - a trick now banned from the Olympics as it is considered too dangerous.

Olga Korbut

Olga Korbut Photo: Photosport

From 1978 to 2000 Korbut was married to Leonid Bortkevich, a famous Soviet-era folk singer, with whom she moved to the US after the USSR's collapse in 1991.

-BBC