Value of 1912 olympic gold medal?
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As of February 10, 2014, the value of a 1912 Olympic Gold Medal (which was solid gold and the last time the Olympics distributed solid gold medals) is $984.24... The Gold Meda…l from the 1912 Olympics held in Stockholm, Sweden weighed in at approximately 24 grams of pure gold. At Auction of course it would be much more valuable because of the historical and sentimental value along with the precious metal.
According to the Olympic Charter, the gold and silver medals musteach be made of at least 92.5 percent pure silver and the goldmedal must be gilded with at least six grams of …gold. The price of gold changes daily. Assuming there's six grams of goldin each medal, at 31.1 grams per troy ounce, that is about 0.2 troyounces. With gold at $1100 per troy ounce, the value would be about $212 . The remainder of the gold medal is made out of silver. The price ofsilver also fluctuates, but at an average of $14.50 per troy ounce,and assuming the entire medal weighs 500 grams, theremaining silver in the gold medal hovers around $230 ,bringing the total value to around $450 . Additional facts: The Beijing 2008 medals also include Jade for thefirst time, which could impact the value. The 2010 Vancouver medalsare the largest in Vancouver history, weighing at about a poundeach. See related links for a Wall Street Journal article on the worth ofOlympic medals.
the person who wins gold gets 25.000 in the us but the gold medal is worth about 644usd
$13122.32 US Dollars at todays market price of $1623.60 if it weighed 250 grams like the medals do today. Steve Looser
About 650 bucks
Probably not that much, because the medal is made out to the swimmer.
Gold is commonly valued by the ounce. There are 28.3495231 grams (or grammes) in one ounce. Olympic gold medals are silver coated with at least 6 grams of gold. At the cur…rent price of about US$1827 an ounce, the value of 6 grams would be US$386.67. Gold and silver prices change several times a day, and might be much more or much less than the prices above. But an Olympic gold medal has a value to collectors that far exceeds the intrinsic value of the gold and silver it contains. Depending on the athlete and the date, it might be any value up to priceless.
The 2012 London Olympics will have the largest medals in summer Olympic history. Weighing in at roughly 400g, medals will be seven millimeters thick and approximately 85mm in …diameter. Unfortunately, the 400g London gold medals are not entirely made of gold. The composition of the London gold medal is made up of approximately 92.5% silver, 1.34% gold and 6.16% copper. With gold prices fluctuating around $1,590 per ounce (28.35g), the cost of the required six grams of gold alone equals almost $337. The estimated cost of the 2012 London gold Olympic medal is around $700, making the medal one of the most expensive in Olympic history.