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According to the Olympic Charter, the gold and silver medals must each be made of at least 92.5 percent pure silver and the gold medal must be gilded with at least six grams of gold.
The price of gold changes daily. Assuming there's six grams of gold in each medal, each one would be worth about $500 at 2010 prices.
The remainder of the gold medal is made out of silver. The price of silver also fluctuates, but at an average of $14.50 per troy ounce, the remaining silver in the gold medal hovers around $60.
Additional facts: The Beijing 2008 medals also include Jade for the first time, which could impact the value. The 2010 Vancouver medals are the largest in Vancouver history, weighing at about a pound each.
See related links for a Wall Street Journal article on the worth of Olympic medals.
Read more: How_much_is_an_Olympic_gold_medal_worth
An Olympic gold medal is worth about $500-$600 dollars each and depends on the price of gold at the time. Each gold medal has 525 grams of silver and about 6 grams of gold. The gold medals for Sochi 2014 Olympics are worth approximately $566.
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Gold Olympic medals are not made of solid gold, they are plated. Their value would be as medals from a particular games/athlete, ie a collectors value. This would therefore vary for each particular medal depending on its provenance.
First of all, it should be said that Olympics are held once per four years.There are different countries participating for pride.It is a world stage for talents.Olympics has a bright history,starting from the ancient Greek age.Now,it is the best area to show you and your country's passion and skill in the game.So,a gold medal in Olympics is simply a big reward.It is worth more than millions of dollars.
They get about $10,000 but the medal is only worth about $650 by itself
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How much is a Olympic gold medal worth if auctioned?
Priceless
How much 2012 Olympic gold metal each worth?
An Olympic Gold medal is worth 25,000 U.S. Dollars
How much does the silver Olympic medal worth?
e19,000
How much do London olympic gold medal winners get paid?
That will be based on the country. The US Olympic committee pays an award bonus of $25,000 for a gold medal.
How much do English Olympic gold medal winners get paid?
Nothing
How much do olympic gold medal winners get paid in swimming?
$1000
How much gold in an olympic gold?
According to reports on the internet, the contents of an Olympic Silver Medal are the same as with an Olympic Gold Medal, 92.5 percent pure silver. The Gold Medal is covered by at least 6 grams of gold, according to the Olympic Charter. Some Olympic hosts make the medals larger or smaller according to their respective preferences...but the content must still follow the Charter.
How much does great Britain pay Olympic gold medal winners?
Nothing
How much does an athlete earn from an Olympic gold medal?
1 million bhatt
How much do Olympic gold medal winner get paid in South Africa?
nothing
How much was the 1912 Olympic gold medal worth today?
As of February 10, 2014, the value of a 1912 Olympic Gold Medal (which was solid gold and the last time the Olympics distributed solid gold medals) is $984.24... The Gold Medal from the 1912 Olympics held in Stockholm, Sweden weighed in at approximately 24 grams of pure gold. At Auction of course it would be much more valuable because of the historical and sentimental value along with the precious metal.
How much silver in an olympic gold medal?
According to reports on the Internet, the contents of an Olympic Silver Medal are the same as with an Olympic Gold Medal, 92.5 percent pure silver. The Gold Medal is covered by at least 6 grams of gold, according to the Olympic Charter. Some Olympic hosts make the medals larger or smaller according to their respective preferences...but the content must still follow the Charter.
