To be able to win a medal at 2020 Tokyo Olympics, athletes work hard, require a lot of sacrifice. if they manage to get a bronze, silver or gold medal of course it will be a lifetime of pride and also bring the name of the country.
So do you know how much is the price or value of the medals draped to the winners at the 2020 Tokyo Olympics? In addition, many also wonder whether gold medals are really made of gold?
Tokyo 2020 Olympics Medals
Reported from the CNN.com page, Monday (2/8/2021), the largest raw material for the 2020 Tokyo Olympics gold medals is made of 92.5 percent silver, the rest is gold.
Tokyo 2020 Olympics this time was designed by a Japanese artist named Junichi Kawanishi. The gold, silver and bronze medals each are 85 millimeters in diameter and range in thickness from 7.7mm to 12.1mm.
The gold medal is actually made of pure gold plated with gold, with a gold content of about 6 grams out of a total weight of 556 grams.
Then the silver medal is made of pure silver and weighs about 550 grams, while the bronze medal weighs about 450 grams and is actually made of 95 percent copper and 5 percent zinc.
How about The Price?
The price of Tokyo 2020 Olympic gold medal is worth around USD 800 if melted. While silver will be worth around USD 450 and bronze around USD 5.
Indeed getting a medal is an honor, but if you look at its value it is not worth the struggle of the athletes. However, the athletes did not take into account the importance of the medal value itself.
Chances are these numbers will mean nothing to the athletes, most importantly they are proud to have listed themselves as winners in a competition.
Read now: The Benefits and Drawbacks of Investing in Junk Bonds