The Olympics is a shining, glorious dream for athletes worldwide, but do you know how much is this Gold Medal really worth?
Have You Ever Wondered How Much An Olympic Gold Medal Is Really Worth?
By
Editorial Staff in
Facts
On 12th August 2016
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#1 After years of hard work and grueling grit, one athlete among countless others reach the podium,
eyes glistening and proudly holding up the gold medal, but how much is this small golden disc really worth?
#2 If the medal was melted and then evaluated in terms of money, the athletes didn't get a lot
Since the Mexican games in 1968, medals are around 6.5 millimeters thick, 65.8 millimeters broad and weigh about 176.5 grams. The London Olympics handed out bigger medals which were about 375 to 400 grams.
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#3 But the shiny medal isn't made up entirely of gold
Only about 6 grams are real gold (24 karats) and the rest is made up of sterling silver which is 92.5 grams silver and the rest is copper. With skyrocketing prices of gold, a medal would cost about $366 and the London medals would cost about a measly $501.
#4 If figured out, how much they would cost of they were made of pure gold
It was a whopping $76,000 for a 3.35 pound gold medal.
OMG, I can't even dream of it..!!
