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The International Olympic Committee (IOC) has retroactively assigned gold, silver and bronze medals to the three best-placed athletes in each event of the 1896 and 1900 Games. [ 16 ] [ 15 ] If there is a tie for any of the top three places all competitors are entitled to receive the appropriate medal according to IOC rules. [ 17 ]
A silver medal from the original 1896 Olympic Games — when silver went to the winner and there was no gold medal — sold for $180,111. A gold medal from the 1936 Olympics — one of four that ...
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2021: As a reward for their achievements, the gold medal winners receive Philharmonic coins worth €17,000. Silver medalists received €13,000, bronze medalists received €11,000 each. 2024: As a reward for their achievements, the gold medal winners receive Philharmonic coins worth €20,000. Bronze medalists received €14,000 each. [5] [6]
With the current price of gold, this makes the top prize at most Olympic games worth only about $600, as compared to more than $20,000 for the solid gold medals of the past.
The medals are based on two large master artworks of an orca whale (to be used on the Olympic medals) and raven (to be used on the Paralympic medals). Each of the medals has a unique hand-cropped section of the abstract art, making every medal one-of-a-kind. [19] Size: 100 millimetres in diameter and about six mm thick for Olympic medals; 95 mm ...
The gold, silver and bronze medals of the 1964 Olympic Winter Games (Olympic Museum). A gold medal is a medal awarded for highest achievement in a non-military field. Its name derives from the use of at least a fraction of gold in form of plating or alloying in its manufacture.
“The value of a gold medal depends on the current market prices of silver and gold,” Stone explained. “Presently, 1 gram of gold is valued at $74.94, while 1 gram of silver is priced at $0.73.
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