A missing 1948 Victorian Football League premiership flag listed for sale online has been found in a NSW home by police.
The grand final pennant was put up for sale this week on an online auction website, with bids at $80,000, police said.
The flag had been awarded to the Melbourne Football Club, which confirmed it was missing.
Police executed a search warrant on a home in Moama, in the Riverina district, on Wednesday night and found the flag.
Investigations are continuing as to how the flag came to be in NSW.
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