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An Olympic gold medal is priceless to athletes around the world - such as Team USA's Lee Kiefer after winning the women's foil individual - but cash it in for dollars and you'll only get $820
An Olympic gold medal might be priceless to athletes around the world who train their whole lives to wear it around their necks - but cash it in and you'll only get $820.
The coveted first-place award contains 550 grams of silver and just six grams of gold coating worth $466 and $353 respectively.
In fact, even that is $265 more than the medal was worth when the 2018 Olympics kicked off in PyeongChang despite having 30 grams less of silver.
For that we can thank inflation. Precious metals are worth much more today than they were three years ago.
Twitter sleuth and CNBC reporter Robert Hum did all the leg work, posting a table revealing the composition of an Olympic gold medal.
Surprised? You're not the only one. Twitter user @CaucasianJames was too when he tweeted a screenshot of his Google search and said: 'An Olympic gold medal wouldn't even cover my rent.'
Twitter sleuth and CNBC reporter Robert Hum did all the leg work, posting a