Just a paltry $1m

Geelong Advertiser

What came first – the million dollars or the egg? Victoria Macdonald discovers how three Geelong men’s quest to raise $1 million for charity began with a humble chook of 1egg.

Just a paltry $1 m

What came first – the million dollars or the egg? Victoria MacDonald discovers how tree Geelong men’s quest to raise $1 million for charity began with a humble chook egg.

An idea hatched in Geelong to trade an egg for $1 million has taken flight.

The bold plan, concocted by three Deakin students in 2009, has so far seen 11 items of increasing worth traded in a bid to raise the seven-figure wars for charity.

Josh O’Meara, 25, Chris Wright, 23, Andrew Fitcher, 24, came up with the idea while brainstorming ways in which raise money for charity.

Mr. O’Meary acknowledged their 1egg1world concept had been partly inspired by Canadian Kyle MacDonald’s quest to trade his way up from a red paperclip to a house.

“I’d heard about that a couple of years earlier on,” he said.

We were discussing some ideas about what we could do . . . . we thought, if he can do it for his own personal gain and get a house, why not up the stakes and go for a million and do it for charity?”

The chicken egg was first swapped for a CD soundtrack, which in turn was exchanged for a Boggle board game.

The enduring trades have seen a car, an African safari and a signed Sir Donald Bradman cricket bat exchanged on the path of $1 million.

1egg1world now has its sights set on Geelong Grammar.

Mr. O’Meara said the group had this week approached the prestigious private school in the hopes of swapping a painting of Cathy Freeman by Archibald prize winning artist Craig Ruddy for several years worth of student fees.

Parents of year 12 students pay just under $30,000 a year at Geelong Grammar.

Mr. O’Meara said the Freeman portrait had been valued at between $50,000 and $90,000.

“Up until now we’ve probably been very organize in terms of what we’ve been giving for its traders,” he said.

“Now we’re starting to get a little bit more strategic – in terms of value. It’s gone up almost three or four-fold each trade.”

Mr. O’Meara hoped future trading might include Richard Branson’s Virgin Galactic flights to space which retail at $200,000 each, and property development. The group plans to split $900,000 of the targeted million between charities Cool Australia, Orphfund and Traditional Healthcare, with the remaining $100,000 to fund future endeavours.

victoria.macdonald@geelongadvertiser.com.au

Returning to our roots of Geelong we were ecstatic to gain support from the Geelong Advertiser who did one of the best features on us yet!