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Feb 10, 2022 · But how much is a gold medal worth? According to the International Olympic Committee, gold medals are required to be at least 92.5 percent silver, and are plated with about 6 grams of pure gold. A ...
- Gold Content
- Value
- Comparison
- Worth More Than Gold
Olympic gold medals haven't been made from solid gold since the 1912 Stockholm Games, yet they remain valuable in terms of their metal content because they are 92.5% silver (sterling silver), plated with at least 6 mm of 24k or solid gold. The remaining 7.5% is copper.
The composition of the Olympic medals is controlled so that the value of modern medals does not vary too much from one set of games to the next. The estimated value of a gold medal awarded at the 2012 Summer Olympics was $620.82 (as of August 1, 2012, when the medals were being handed out). Each gold medal contains 6 grams of gold, valued at $302.1...
The gold medals awarded at the 2012 Summer Olympics were extremely heavy, weighing in at 400 grams each. Yet, some earlier medals are worth much more because they contained more gold. For example, the 1912 Stockholm Olympics gold medals (solid gold) would be worth $1207.86. The gold medals from the 1900 Paris games would be worth $2667.36.
Goldmedals are not worth their weight in gold, but they do command high prices when placed up for auction, typically exceeding the value of the metal. For example, a gold medal awarded to the 1980 Olympic men's hockey team garnered a bid in excess of $310,000.
Jun 2, 2023 · However, medals won by notable athletes tend to sell for much more. An Olympic gold medal won in the “miracle on ice” hockey game at the 1980 Olympic Games recently sold for $310,700.
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Jul 31, 2021 · Nope! Olympic gold medals are required to be made from at least 92.5% silver, and must contain a minimum of six grams of gold. According to one expert, the gold medal being presented at this year ...
Feb 6, 2022 · According to CNBC's markets team, the Tokyo gold medal was worth a bit more at the time -- about $820 at market prices last July. Here's a more in-depth look at how the value of the Olympic gold ...
An Olympic medal is awarded to successful competitors at one of the Olympic Games. There are three classes of medal to be won: gold, silver, and bronze, awarded to first, second, and third place, respectively. The granting of awards is laid out in detail in the Olympic protocols. Medal designs have varied considerably since the Games in 1896 ...
Aug 2, 2021 · Medals should weigh in at between 500 and 800 grams (17.64 to 28.22 ounces), with the coveted gold medals weighing about 556 grams in total. The Olympic silver medals weigh 550 grams and bronze ...
