What is an Olympic Gold Medal Worth?
If the gold medal was solid gold with the same mass, each Olympic Gold Medal would be worth almost $20,000
Weighing more than a pound each, the Vancouver medals are among the heaviest in Olympic history, and because of strong commodity prices, are among the most valuable ever handed out.
A gold medal is made of 550 grams of silver covered with 6 grams of gold, a silver medal is made of 41 grams of copper and 509 grams of silver, and a bronze medal is made of a mix of mostly copper with some tin and zinc.
This means that in today's market a gold medal is worth approx $494, a silver medal $260, and a bronze medal just $3 - a fraction of the sponsorship value for winning an Olympic medal.
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