Paramus Poker Champ Jamie Gold Selling Prize Bracelet

Paramus native Jamie Gold, who won $12 million in the 2006 World Series of Poker, is selling the stone-encrusted gold bracelet he was awarded for his first-place finish.

Gold won the bracelet during the height of poker's popularity. The tournament had a total prize pool of more than $82 million — the largest ever — and included more than 8,000 competitors.

The Heritage Auctions website states that they will begin accepting bids for the bracelet starting on about July 13. The auction will last until August 2.

The bracelet is described on the site as having "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."

You can see a video of Gold winning the tournament's last hand above.