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How much olympic medals actually worth?
posted August 13 2012 8:27.15 by Giorgos Lazaridis

It is time to get an Olympic medal! But since winning an Olympic medal is somewhat... difficult, i found a way to acquire one easier... As always, one can buy it. So, here are the prices for each medal.

The Gold medal
Let's begin with the most interesting one, the gold medal. As a matter of fact, the gold medal is gold by only 1.34% of its weight - FAIL. The National Olympic Committee (NOC) has set the precise ratio of the medal alloy and all countries must follow this recipe. So, the gold medal is an alloy of 92.5% silver, 6.16% copper to strengthen it, and it is gilded in about 6 grams of 24k gold. You can make one for just 650 Euro

The Silver medal
The silver medal is indeed silver medal. It has 93% silver and 7% copper to strengthen it. You can order one for some 290 Euro.

The Bronze medal
As for the bronze medal, it is an alloy of mostly copper with a bit of tin and zinc. The price for this medal is some 3 to 4 Euro...

You may want the real thing!
Should you wish to own the original medal won in an Olympic game - good news! There have been athletes who sold their medal and there will be probably more to come. Anthony Ervin for example who won the gold medal in 2004, he put it in an auction on Ebay, and sold it for \$17.000. The money were given for the tsunami victims.

The highest bid until now was achieved for the gold medal of hockey star Mark Wells, which was sold in 2010 for the astronomical price of \$310.700!

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