How much is a olympic silver metal worth?

Answer 1

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, at 31.1 grams per troy ounce, that is about 0.2 troy ounces. With gold at $1100 per troy ounce, the value would be about $212.

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, and assuming the entire medal weighs 500 grams, the remaining silver in the gold medal hovers around $230, bringing the total value to around $450.

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.

Answer 2

the person who wins gold gets 25.000 in the us but the gold medal is worth

about 644usd

Answer 3

I am not so sure about silver medals, however, a gold medal is worth US$220.

Answer 4

The value of a 1212 bronze medal is $ 4 75 or 3 UK pounds

Answer 5

I don't think you can put a value on it. How can you put a value on being the 2nd best person at that sport at that moment.

Answer 6

At 2010 pricing the Olympic Silver medal is surprisingly worth more than that of an Olympic Gold at an astounding $1200.00 a pop.

Answer 7

Probably not that much, because the medal is made out to the swimmer.

Answer 8

pure gold with 6 grams of silver plating