The International Olympic Committee requires the gold medal to contain a minimum of six grams of gold and roughly 92.5% silver. The composition and value of the medals are as follows:
• Gold Medal: 494g Silver, 6g Gold
o (494g x $0.63/g) + (6g x $42.40/g) = $311.22 + $254.40 = $565.62 (£423)
• Silver Medal: 500g Silver
o 500g x $0.63/g = $315 (£236)
• Bronze Medal: 475g Copper, 25g Zinc
o (475g x $0.0049/g) + (25g x $0.0022/g) = $2.3275 + $0.055 ≈ $2.38 (£1.72)
*Prices obtained July 25th, 2016 via JMBullion and Kitco.
http://www.msn.com/en-us/sports/olympic ... id=U348DHP
Olympic Medal value
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Olympic Medal value
by hobo finds » Sat Aug 06, 2016 3:52 pm
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Re: Olympic Medal value
by Recyclersteve » Sun Aug 21, 2016 3:10 am
If someone with a machine shop could do so, making silver medals that appear nearly identical to the Olympic medals would be interesting. I wonder how they would sell.
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NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
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Re: Olympic Medal value
by silverstacker » Sun Aug 21, 2016 7:36 pm
Discussion just came up a few days ago. Thanks for the info 
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