How much are Olympic gold medals really worth?
Team GB are hoping to win plenty of gold medals at the 2024 Olympic Games in Paris, but how much are the medals actually worth?The first came in the equestrian team eventing, with Team GB defending the gold medal they won in Tokyo three years ago.A gold medal is the physical representation of years of hard work and sacrifice, but what is the monetary worth of the metal disc on the end of a ribbon?Surprisingly, gold medals aren't actually made of pure gold.
At the 2020 Tokyo Olympics, gold medals were worth around £540, silvers were worth £297 and the bronze medals were valued at £5. Seriously, copper and zinc are extremely common metals.That said, historic medals have sold for incredible amounts. Back in 2013, one of Jesse Owen's golds from the 1936 Berlin Olympics - that he won in front of Adolf Hitler - sold for a mega $1.46 million .
Joachim Roncin, head of design at the Paris Games organising committee, said: "Having a gold medal is already something incredible. But we wanted to add this French touch and we thought that the Eiffel Tower would be this cherry on top.
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