London 2012 Organizers Auction Off Bulgaria's Olympic Flag

The Bulgarian Olympic delegation marches during the opening ceremony of the 2012 Olympic Games in London, with gymanst Yordan Yovchev carrying the flag. Photo by BGNES

The Bulgarian flag that was carried by star veteran gymnast Yordan Yovchev at the London Olympics opening is being auctioned off by the organizers of the games.

The Bulgarian flag is one of the many items from the London Olympics available on sale at http://memorabilia.london2012.com, with GBP 605 being the highest offer for it shortly before the end of the auction.

Sports equipment and ceremonial props are among thousands of Olympic mementoes which are being auctioned online by London 2012 organisers.

Lots include a table-tennis ball from the men's gold-medal match, currently with a bid of GBP 142, a javelin at GBP 605 and a Mary Poppins costume at GBP 705.

A torch signed by Team GB cyclist Bradley Wiggins sold for GBP 13,000.

Locog says the money raised will go towards covering the cost of staging the Games.

The proceeds will also subsidise additional costs incurred by selling the GBP 500 Olympic torches to thousands of bearers at the discounted rate of GBP 200. In total 8,000 people carried torches during the 70-day relay.

Torches themselves - some of which are signed by athletes, including Sir Chris Hoy and Victoria Pendleton - are also being auctioned.

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