How Much Are 2012 Olympic Medals Really Worth?
The medals handed out at the London 2012 Summer Olympics are largest ever in both size and weight. They are more than twice the size of the medals that were awarded in Beijing in 2008 and are the biggest ever designed. But how much are they actually worth? To the athletes the medals are priceless, but some of the medals are worth less than $5.
When we say what they are worth, we’re talking strickly raw material cost not the fact that these are olympic medals. Below you’ll find how much the medals are worth and break down the USA medal count by how much money the medals are worth.
What is a Gold Medal worth?
The gold medal consists of just over one per cent actual gold. The rest is made up of 92.5 percent silver and 6.16 per cent copper – and is only worth about $644.
What is a Silver Medal worth?
The silver medal is modification of the gold medal. The gold is replaced with more cooper, making the medal worth around $330.
What is a Bronze Medal worth?
The bronze medal is made of 97 percent copper, 2.5 percent zinc and 0.5 percent tin – and is only worth about $4.70.
USA Final Medal Count
46 Gold Medals, 29 Silver Medals, and 29 Bronze Medals for a total of $39,330.30