Record-Breaking Value: Paris Olympic Gold Medals Worth $900

24.08.12 News

The gold medals awarded at the 2024 Paris Olympics are valued at approximately $900 due to the high prices of gold and silver, which make up the majority of the medal’s composition. Each medal contains six grams of gold, with the rest primarily consisting of silver, which accounts for at least 92.5% of the weight. Despite their intrinsic value, athletes rarely sell their medals, as they hold significant personal and historical worth. However, when sold, these medals can fetch much higher prices at auctions, as seen with Jesse Owens’ 1936 gold medal, which sold for nearly $1.5 million. Additionally, the 2024 medals uniquely include a piece of the Eiffel Tower, further enhancing their symbolic value.

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