Contact Us

What Is The Worth Of The Olympic Gold Medal

(Photo Flickr)

Although athletes really don’t go for the gold because of the monetary value, it’s nice to know what the medal is made of..and it’s worth.

Next week in London, athletes from around the world will go for the gold. But as it turns out, the Olympic gold medal is mostly made of silver. the gold medal is made up of only 1.34%, or about 6 grams of gold. The rest is comprised of 93% silver and 6% copper.

Melted down and sold at today’s market value, those raw materials would be worth about $650.

In comparison, the silver medal — made up of 93% silver and 7% copper —- would be worth about $335. The bronze medal, mostly made of copper, would be worth less than $5.

The Olympic games have not handed out solid gold medals since the 1912 summer games in Stockholm, Sweden.

 

More from KOOL 101.7

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://kool1017.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on Kool 101.7 Radio quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Sign up for an account to comment, share your thoughts, and earn points to get great prizes.

Register on Kool 101.7 Radio quickly by logging in with your Facebook account. It's just as secure, and no password to remember!