Want to snag a piece of Olympic history? Good news! You can.

An Olympic torch is currently being auctioned on eBay, where bids topped $40,000 for a package that includes an official Olympic torch bearer's uniform.

While torches have always been "one of the hottest Olympic collectibles," according to SmartMoney reporter Charles Passy, we found a couple of cheaper "official" Olympic torches, currently bidding at $5,000 and $7,000.

Passy advises that now is the worst time to purchase Olympic memorabilia.

"People get very taken up in the moment when the time of the Games arrives," Olympics memorabilia collector Craig R. Perlow told Collector's Weekly. "Right now, they’ll spend what I call crazy money for Olympic souvenirs just because they need to have that instant gratification, that ‘I’m here, experiencing it now’ memento."

So what could make one Olympic torch hotter than the next? "If an owner has documentation to show that a certain torch was carried inside an Olympic stadium –- or even used to ignite the caldron -– those factors could bump the 'saleability/desirability of an item,'" Christie's spokesman Leonie Pitts told NBC.

WATCH: Want to Buy an Olympic Torch? How's $40,000 Sound?

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  • Olympic Flame Arrives In Britain

    Britain's David Beckham holds the Olympic torch during the ceremony to mark the arrival of the Olympic flame to Britain from Greece, at RNAS Culdrose, Cornwall, England, Friday May 18, 2012.

  • Olympic Flame Arrives In Britain

    Britain's Princess Anne carries the Olympic flame in a lantern at RNAS Culdrose, Cornwall, England after arriving on a special British Airways flight BA2012 flight from Greece, Friday, May 18, 2012.

  • Olympic Flame Arrives In Britain

    British Airways Firefly flight BA2012 carrying the Olympic flame lands at RNAS Culdrose, Cornwall, England, from Greece, Friday, May 18, 2012.

  • Olympic Flame Arrives In Britain

    Sebastian Coe, Chairman of the London 2012 Olympic Organising Committee, front, and Britain's David Beckham arrive with the Olympic flame carried onboard a special British Airways flight BA 2012 at Royal Naval Air Station Culdrose, Cornwall, England, from Greece, Friday, May 18, 2012.

  • Olympic Flame Arrives In Britain

    Britain's Princess Anne carries the Olympic flame in a lantern at RNAS Culdrose, Cornwall, England after arriving on a special flight from Greece, with soccer star David Beckham, center, and Sebastian Coe, Chairman of the London 2012 Olympic Organising Committee, Friday, May 18, 2012.

  • Olympic Flame Arrives In Britain

    Former England footballer David Beckham (Front L) lights the Olympic Torch as it arrives at RNAS Culdrose air base in Cornwall, south-west England, on May 18, 2012.

  • Olympic Flame Arrives In Britain

    HELSTON, ENGLAND - MAY 18: David Beckham holds the Olympic Flame as it arrives at RNAS Culdrose near Helston on May 18, 2012 in Cornwall, England.

  • Olympic Flame Travels To Britain

    In this image made available by LOCOG, Inspector Andy Marriner from the Metropolitan police secures the Olympic Flame into seat 1a and 1b for the flight from Greece to Britain, Friday May 18, 2012.