Schelling who was born in Oakland and graduated from UC Berkeley, went on to win the Nobel Prize in Economic Sciences in 2005. He died in 2016 at the age of 95 and made it clear that the medal was to be auctioned off after his death. “The opening bid is $150, 000. We have sold nobles north of $700,000,” said Michael Kirk of Nate D. Sanders auctions.
The proceeds will go the the Southern Poverty Law Center, a civil rights nonprofit.
Those who knew him say it’s a perfect match since he was always trying to improve the lives of others.