Tuesday, March 2, 2010

What's that metal worth?

Just for fun. From luxist.com:

How Much is a Gold Medal Really Worth?

The 2010 Winter Olympics are over, with the final United States medal count coming in at 9 Gold, 15 Silver, and 13 Bronze. That's a total of 37 medals making their way back here to the States in the hands of our worthy athletes, and although the sentimental value is truly immeasurable one can't help but wonder: just how much are those medals actually worth?

Here's how it breaks down: 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.

Interesting to know (I thought the gold medal would be worth more).

Filed under: Jewelry