The Olympic GOLD Medal?

Question

Is the Olympic GOLD Medal really GOLD? How much is it worth in Dollars n Pesoes? Is it a medal r metal? Who makes them? thx..

Answer 1

It is made out of gold I guess, I heard on the Olympic Zone that someone sold theirs for $60,000 or something like that. But also the price for them might be high because they are an actually medal for an olympic game and it is a part of history.

Answer 2

idk the answer to all the questions, but yes it is pure gold.  

Answer 3

It is silver coated with gold. It's a medal. I think China makes them.

Answer 4

What it's made of? -- The gold medal is actually made mostly of silver, but must be gilded with at least 6 grams (0.21 ounces) of pure gold according to the International Olympic Committee standard.  The silver must be at least 925-1000 grade.  This year the Chinese have included one-of-a-kind jade rings that lay imbedded upon one side of the medal.  The jade used is one-of-a-kind because it is not man-made and thus uses a substance that is equally unique to that of the athletes' ability it may belong to.  Which is why the jade design was chosen by the Chinese Olympic Commission.  Which leads to the answer of one of your next questions:

Who makes them?  -- It is the responsibility of the host city to design one half of the medals (i.e. the Chinese chose to have jade, a natural material found most prominently in their country, to be place on one side of the 2008 Olympic medals).  It is also the full responsibility of the host country to forge the medals before the games begin.

What is gold medal worth?  --  The price of gold changes year to year so the answer to the question would change accordingly.  If you discount the fact that truly the Olympic gold medal has priceless sentimental and nationalistic value and simply look at it as a metal medallion with monetary value set accordingly to the composition of the silver and gold used to create it then the value of the gold medal as of August 2008 would be roughly $220 USD.  The jade is truly priceless due to it's one-of-a-kind nature, thus in auction could fetch much more but, of course, an indeterminable amount.

If you'd like to check my sources please feel free!  Hope this helped answer your questions.  Enjoy the Olympics!  :)

Answer 5

The medals are mostly silver with the appropriate coating.  Don't know what they cost to manufacture but the worth varies according to sentimental value and what someone is willing to pay for it.  Don't know who makes them.

Answer 6

this year in every medal theres some sort of jade embeded in the medal. it is real gold, and worth over 50k, because it is a part of the olympic history.