How much is a Special Olympics gold medal worth? To win an Olympic medal, athletes put in hard work, sweat, tears and lots of sacrifice but if they manage to get their hands on a precious medal, how much is it actually worth? A bronze medal was worth just $3 at the time, according to . Sotherton said she keeps her medals accessible rather than putting them up in a frame. Let us know in the comments. Italy - 742 medals. Going by the current value of the materials used, a gold medal is worth about 646 ($888), silver 372, and bronze about 3. Copyright 2023 Sporting News Holdings Limited. Since the modern Olympics began, 18,854 thousand Olympic medals have been awarded to athletes around the world (eight of those to Usain Bolt). As fans may have noticed, many gold medal winners will pose with their medal in their mouth on the winners podium, as if theyre about to take a bite out of it. United Kingdom - 948 medals. The gold medals awarded at the 2012 Summer Olympics were extremely heavy, weighing in at 400 grams each. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Silver medals, on the other hand, are made of pure silver, while bronze medals are 95 percent copper and 5 percent zinc. If an athlete sells their medals which doesnt happen a lot the price theyll fetch depends a lot on the Olympic Games they were won at, the sport, and the person who nabbed them. A donation will also be made to a social justice initiative created by the Celtics. Six grams of gold in 2021 is worth around $380, according to Bloomberg, while 550 grams of silver is around $450, so a gold medal rings in at around $830, as far as the value of the pure metal goes. Most of that prize money is not taxable . Though the design of medals has varied since the 1896 Olympics, for the most part, the design selected for the 1928 Olympics remained for more than 70 years until it was redesigned at the 2004 Olympics in Athens. Gladdle said the winner of the medal also makes a huge difference to the price when they come up at auction, with people much more interested in getting their hands on something so significant to their Olympic hero than simply owning an Olympic gold medal itself. When they put for auction it tends to be for philanthropic reasons, Gladdle added. !function(){"use strict";window.addEventListener("message",(function(e){if(void 0!==e.data["datawrapper-height"]){var t=document.querySelectorAll("iframe");for(var a in e.data["datawrapper-height"])for(var r=0;r

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