People have been wondering for years if 2006 WSOP Main Event Jamie Gold is busto. And the poker world is only going to further buy into this rumor now that Gold is selling his 2006 Main Event bracelet through an auctioneer.

The bracelet is being sold through Heritage Auctions, which dubs themselves as “The World’s Largest Collectibles Auctioneer.” The bidding will be open on July 13th, 2013 and the auction happens from August 1st-2nd. Heritage provides a lengthy description of the product on the sale page, including the following excerpt:

The bracelet features 259 stones including over seven carats of diamonds and 120 grams of white and yellow gold. Rubies are inset to create the red of the heart and diamond suits, while a sapphire represents the spade and three black diamonds the clubs. The clasp is stamped “14K.” Fine condition. An absolutely amazing representation from one of the most talked about WSOP events in history.

It’s hard telling how much this bracelet will sell for. The only true comparison we have is when 2008 Main Event champ Peter Eastgate sold his bracelet on eBay. Scottish millionaire and philanthropist William Haughey bought the hardware for $147,500. Of course, it’s worth mentioning that proceeds from Eastgate’s bracelet sale went to charity, whereas Gold’s bracelet is likely being sold for his benefit.

Jamie Gold first gained international poker fame after winning the 2006 Main Event along with $12 million. The $12 million payout is the largest WSOP ME payday in history, and the second biggest tournament score of all-time. Unfortunately for Gold, he didn’t get the full amount after settling a lawsuit with Crispin Leyser (undisclosed amount) over a Bodog staking arrangement. He also donked off a great deal of money while playing against some of the world’s best players on High Stakes Poker.

One more point worth making is that Gold has failed to earn much additional revenue through poker since ’06. He only has $150k in tournament winnings since winning the Main Event.