Winning a medal especially an Olympic gold medal is the ultimate dream of any athlete. Interestingly, not much is known about the actual monetary worth of the circular metal flat object called the Gold medal. Let’s get to know about the dream metal!
Medal Actual Metals & Value
Peculiar, that the gold medal is not made of pure gold, it is mostly silver.
An Olympic gold medal has only six grams of gold and about 92.5 % silver.
In comparison, the silver and bronze medals are made 100% from their respective metals.
Total value of 2020 Tokyo Olympics medal was: gold medals around £540, silvers £297 and the bronze medals were valued at £5.
Historic medals have sold for unbelievable amounts. A 1936 gold medal of Jesse Owen which was won during the 1936 Berlin Olympics was sold for a substantial amount of US$1.46 million – £1.13 million.
Paris 2024 Olympics Design
2024 Olympic medals is a hexagonal design with an iron metal sculpture of the Eiffel Tower placed on top of the medal. This is the iron used in the original construction, which took place between 1887 and 1889 and being stored in a secret location. Due to this special feature an additional 18 grams is added to the medal weight.
The other side of the medal as always depicts the story of the original Olympic Games and projects Nike, the Greek goddess of victory, with Athens’s Acropolis and Olympic Stadium in her background.
