Contrary to popular belief, the Olympic Gold Medal is not made from solid Gold. All three minerals are the product of hydrothermal activity, or super-heated water moving through the Earth. Bronze awards are also made … This site uses Akismet to reduce spam. 2020. Each of the 812 silver medals produced this year contain 500 grams of sterling silver; with a podium value is about $305 (£236). It’s worth noting that gold, silver, and bronze medals have not always been awarded. 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According to the website of the Olympic Games, yellow collection boxes were installed in post offices and on street corners throughout Japan, and the mobile phone company NTT DoCoMo also accepted donations at its stores, reports Daniel Cooper of Engadget. Source: Although the Olympic gold medal is more silver than gold, there are gold medals that are solid gold, such as the Congressional Gold Medal and Nobel Prize Medal. Modern day gold medals are comprised of 92.5 per cent silver and just 1.34 per cent gold - with copper filling in the rest. In this interview, AZoM talks to Carlo Dessy, CEO of Testa Analytical, about their OEM division and the chromatography systems and detectors that they provide. However, according to the Olympic committee, each first place medal must contain at least six grams of gold in the plating – but this does pale in comparison to the 525 grams of silver contained within in the rest of the prize. Private Dining However, it occurred to us as we were watching that geology plays a pivotal role in these games of sport: the medals given are the highest honor most athletes receive, and they are born of the Earth. It has been a blast to watch all of the world’s greatest athletes compete on a stage as grand as the Olympics, in a place as grand as Rio de Janeiro, Brazil. But according to the Olympic officials, “the Tokyo 2020 Medal Project has certainly been unique in its scale, marking the first time that a country’s citizens have been proactively involved in donating the electronic devices used to make the medals.”. But it’s still okay to check your mail. 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Comments are subject to our community guidelines, which can be viewed, Max Whitlock pictured with his Olympic golds, Gold medals, such as Andy Murray's, are actually 92.5 per cent silver, Silver medals, such as the one won by Louis Smith, are made from 500 grams of silver, Bronze medals, such as Greg Rutherford's, have little monetary value, While the monetary value of the medals' materials may be surprising, they're undeniably an irreplaceable item, Independent Press Standards Organisation (IPSO). For other inquiries, Contact Us. The International Olympic Committee requires the gold medal to contain a minimum of six grams of gold and roughly 92.5% silver.In 2018, the gold medal was 99% silver with 6 … Why Was Benjamin Franklin’s Basement Filled With Skeletons? What are Olympic Medals made of? Get the best of Smithsonian magazine by email. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. 79), 2nd Place (Silver Medal): composed of Silver (Ag Min of 92.5%), 3rd Place (Bronze Medal): composed of Bronze (A mixture of Copper, Zinc and Tin). It is very soft and malleable, and quite shiny. Smithsonian Institution, (The Tokyo Organising Committee of the Olympic and Paralympic Games). The 864 bronze medals up for grabs in Rio this year contain 475 grams of copper a piece (95 per cent) and 25 grams of zinc (5 per cent) and have little monetary value. Traditionally for the summer Olympic Games, the front of the medals must feature an image of the Greek God of Victory (Nike) stepping out of the Parthenon to arrive in the Host City.