In garnering four Olympic medals, Jesse Owens shattered Hitler's myths of Aryan supremacy (on Hitler's home turf, no less) at a time when segregation and discrimination was still rampant in the USA. His feat remains one of the greatest individual athletic accomplishments of all time. Owens was from Cleveland.
He won gold in the 100-meter dash, 200-meter dash, 400-meter relay and long jump. It's unclear to which event this medal belonged. What is known is that Owens gave the medal to his friend, the black entertainer Bill "Bojangles" Robinson, and was auctioned as part of the estate of Robinson's widow.
Via the Associated Press, the Robinson family plans to donate some of the proceeds to the Jesse Owens foundation and will use some for college tuition.
Here's a video from the auction house: