sport news Tokyo Olympics: The $820 prize! How gold medals are worth a LOT less than you ...

sport news Tokyo Olympics: The $820 prize! How gold medals are worth a LOT less than you ...
sport news Tokyo Olympics: The $820 prize! How gold medals are worth a LOT less than you ...
The $820 prize for being best in the world! How Tokyo Olympics gold medals are worth a LOT less than you might think Tokyo's gold medal is worth $265 more than it was at the 2018 Winter Olympics A Twitter sleuth did all the math, examining the composition of the medals Other Twitter users were shocked 'an Olympic gold medal wouldn't even cover my rent'  'Replace Olympic medals with chocolate coins at this point,' someone replied Silver medals are worth $415 and bronze not even $7 when melted down  Find out the latest Tokyo Olympic news including schedule, medal table and results right here

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An Olympic gold medal is priceless to athletes around the world who train their whole lives to wear it around their necks but cash it in for dollars and you'll only g

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 table revealing the composition of an Olympic gold medal

Twitter sleuth and CNBC reporter Robert Hum did all the leg work, posting a

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