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How Much Is an Olympic Gold Medal Worth?

How Much Is an Olympic Gold Medal Worth?

If the International Olympic Committee still gave solid gold medals to first place finishers, said medals may be pretty valuable. The gold medals for the Tokyo Olympics, created by Japanese designer Junichi Kawanishi, comprise roughly 6 grams of gold atop roughly 550 grams of pure silver. Since gold and silver rates, like stock prices, fluctuate pretty frequently, the value of the medal isn’t exactly static. A silver medal, made of 550 grams of pure silver, comes in at $462; and bronze medals, mostly copper and a little zinc, are worth just a few bucks. But Olympic gold medals have value beyond the sum of their parts, and plenty of athletes have hocked them for much more than a paltry $800 or so.

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