Pele's 1958 World Cup Medal to Auction for £500,000

Pele's 1958 World Cup winners' medal is anticipated to sell for between £500,000 and £670,000 at an auction in England later this month. This medal was awarded to the Brazilian football legend when he was a teenager.

The auction, conducted by sports memorabilia specialist Budd, is part of a larger catalog featuring 450 World Cup-related items, with a total estimated value of £2 million. Among the items, a Brazil shirt worn by Pele during the 1958 final is expected to sell for £6 million in a separate auction at Sotheby's in New York, running from June 29 to July 16.

Pele, who was just 17 years old at the time, scored two of Brazil's five goals in the final against host nation Sweden, marking Brazil's first of a record five World Cup titles. The auction will also include memorabilia from England's 1966 World Cup triumph, featuring items such as Gordon Banks' shirt and Alan Ball's final shirt.