The medal was part of an incredible collection of Pele's trophies, awards and other memorabilia that hit the Julien's Auctions event in London.
The auction house has not yet revealed the ID of the baller who bought the $500k medal -- but damn. BTW, part of the proceeds benefit a Brazilian children's hospital.
In addition to the $500K medal. Here are some other big ticket items:
-- Pele's Jules Rimet Trophy ... $571,000
-- "1,000th Goal Ball" ... $117K
-- 1958 World Cup Winner's Medal ... $290K
-- Player of the Century award .