Paris Olympics 2024: Here's How Much a Gold Medal Is Actually Worth

In the glittering realm of Olympic glory, not all that shines is gold. As the world eagerly anticipates the Paris 2024 Games, a burning question lingers, what's the real value of that coveted gold medal?

Olympic Medals History

The first Olympic Games in Athens, in 1896, were different. Winners didn't get gold medals like we know today. Instead, they got silver. It was in the 1904 St Louis Games that the gold, silver, and bronze medals we're used to became the standard.

Over the decades, Olympic medals have become more than just metal discs. They've transformed into miniature works of art, each telling the story of its host nation. But Paris 2024 is taking this concept to dizzying new heights.

Each Paris 2024 medal featured a slice of the Eiffel Tower's original iron frame! Imagine holding a piece of one of the world's most iconic landmarks in your hands – talk about a conversation starter.

How Much Gold In A Gold Medal?

Olympic gold medals aren't pure gold. Most of the medal is silver, with just a thin layer of gold on top. It's only about 1.3% gold.

What Is The Value Of The 2024 Olympic Gold Medal?

According to Oxford Economics, a Paris 2024 gold medal carries a price tag of €950. But don't let that number fool you. Its true value lies in its historical significance, craftsmanship, and those unique Eiffel Tower fragments.

Experts think these Olympic medals are only going to get more expensive. By the time the 2032 Brisbane Games roll around, a single gold medal could be worth a whopping €1,500.

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Paris Olympics Gold Medal Design

A dream team of athletes led by French biathlon legend Martin Fourcade, working hand-in-hand with Chaumet, a centuries-old Parisian luxury jeweller. It's a marriage of sporting excellence and timeless craftsmanship.

While we can put a number on these medals, their true worth transcends mere monetary value. They represent the pinnacle of human achievement, the culmination of years of blood, sweat, and tears. For the athletes who earn them, they're priceless symbols of dreams realised and barriers shattered.

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