Contact Us

How Much Are Olympic Medals Actually Worth?

Adam Pretty, Getty Images

Olympic athletes often train for years in the hopes of someday getting a medal. But while the 4,700 medals currently being doled out in London are priceless to the athletes who win them, the actual value of the raw materials may be less than you think.

Weighing just under a pound and measuring three inches across, the London medals were made from eight tons of gold, silver and copper from mines in America and Mongolia. They’re the biggest Olympic medals ever designed and are almost double the size of those bestowed at the Beijing Olympics four years ago.

So how much are they worth?

The coveted gold medals are only about one per cent actual gold, with the rest being mostly silver and a little copper, and those materials are valued at just under $650, while silver medals are worth $330.

But the bronze medal — which is 97 percent copper, 2.5 percent zinc and 0.5 percent tin — is worth less than $5.00. Which is a pretty harsh step down when it’s often the slimmest of margins that separates the second and third-place finishers.

That said, the market value of an Olympic medal is far more, with gold medals sometimes selling for hundreds of thousands of dollars at auction. But at least now you know some interesting (if disappointing) trivia.

[Daily Mail]

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for TSM Interactive quickly by connecting your Facebook account. It's just as secure and no password to remember!