Banks: "Difficult decision"

The proceeds will be divided between them.

Of little intrinsic value, auctioneers Christie's describes the prize as "a yellow metal medal measuring barely an inch across".

But for followers of English football it is the ultimate souvenir of the national team's finest hour.

Banks's international cap from the same match was also �27,025.

The black West German jersey Banks swapped with goalkeeper Hans Tiilkowski at the end of the epic final also went under the hammer.

Other lots at the auction of Banks's memorabilia included the international cap given to him when he made what many consider to be the world's greatest ever save, from Pele in the 1970 World Cup.

The cap was purchased by TV personality Nick Hancock for �8,825.

The auction in South Kensington, London, follows on from the sale of the Sir Geoff Hurst collection in September last year.

At that auction a world record �91,750 was paid for the red shirt Hurst wore during the 1966 final.