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Thursday 15 February 2018

[BigBrother_Survivor] Winter Olympics 2018: How much is a gold medal worth? What about silver and bronze?

 

heck with the medal I want the stuffed tiger .Soohorang
This year instead of flowers each gets a tiger stuffed animal and their medal
Women carrying dolls depicting Soohorang, the mascot of the PyeongChang Games, prepared for a medal presentation earlier this week
Women carrying dolls depicting Soohorang, the mascot of the PyeongChang Games, prepared for a medal presentation earlier this week.

  https://www.express.co.uk/sport/othersport/918748/Winter-Olympics-2018-gold-medal-winner-how-much-worth-silver-bronze?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+daily-express-sport-news+%28Daily+Express+%3A%3A+Sport+Feed%29

Winter Olympics 2018: How much is a gold medal worth? What about silver and bronze?

ATHLETES at the Winter Olympics 2018 may be there to represent their country but at the end of the day they are all hoping to bring home one thing - a gold medal. But how much is a gold medal actually worth?


How much is a gold medal worth?

There are many ways to value a gold medal.
Obviously, the value to the athlete who won the metal coin and chain may hold it far dearer than the organisation which hands them out.
And in terms of money, the medals can also be valued in many different ways

Collectors value

Hundreds of gold medals are handed out every two years between the summer Olympics and the Winter Olympics.
And while athletes can earn thousands from their successes in sport, some will not get rich and may choose to sell their medals in the future.
Medals are regularly auctioned off - but there is a huge difference between the price they sell for at auction.
Boston-based RR Auction, which has sold many gold medals, told USA Today an average price for a "common" gold medal with no well-known athlete's name attached is about $10,000. 
But according to their archive, a January 2016 sale that included four much rarer gold medals saw prices soar.
The value began at $47,746.83 for a gold from Chamonix 1924 and stretched to $10,114.83 for a Melbourne 1956 gold.
But if the medal was won by someone of national or global fame, prices can shoot through the roof.
The only remaining medal of the original four won by Jesse Owens in 1936 sold for $1.47 million in 2013.

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