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LONDON, May 19 (Reuters) – One of the first participants in

the London Olympic relay looked set to make a quick profit on

Saturday after a torch and uniform went up for sale on auction

website eBay within hours of the 70-day event starting.

The unnamed seller’s location was given as Probus in

Cornwall, the south-west English county where the relay had

started in the morning after the flame was flown in from Greece

on Friday.

The uniform was described as extra large.

Put on sale at 1100GMT, the items had already attracted 24

bids by 1630 with the price soaring above 3,000 pounds ($4,700).

Some of the bearers nominated by the relay sponsors have

been allowed to keep their triangular-shaped torches, made of

gold-coloured aluminium and perforated with 8,000 holes, at no

cost while others have been asked to pay for theirs.

Organisers LOCOG had set a cost for their nominees of 199

pounds if paid for before May 1 and 215 pounds thereafter.

“The Torch and uniform are the Torchbearer’s to do what they

want with, we hope they find a good home,” said a London 2012

spokesperson when asked about the eBay sale.

Some 90 percent of the torchbearers were nominated through

public campaigns, with the emphasis on rewarding local heroes

and those who have made a difference to the communities in which

they live, and the rest selected by invitation.

Banners and publicity emphasise it as the “Moment to Shine”.

The relay started at Land’s End on the south-west tip of

England just after 0600GMT with triple Olympic yachting gold

medallist Ben Ainslie handed the honour of completing the first

300 metres.

Some 8,000 people are due to take part in the relay around

Britain and into Ireland before the cauldron is lit at the

opening ceremony on July 27.

($1 = 0.6326 British pounds)

(Reporting by Alan Baldwin, editing by Pritha Sarkar)