Gold medals of the Olympics are not made up of gold. What? Stuck, confused, or unbelievable? Whatever thought is coming in your mind, but, it is true. The Olympic emblem for the highest position achiever is a gold medal, but why this cost-cutting by world rich game.
See, the gold medal composition varies from year to year as its design. But, recently it consists of approximately 6 grams of gold. In 2020, the Olympic Games will be held in Tokyo with a message of “unity in diversity” on medals. This time, the gold medal has a composition of two metals, gold, and silver. And, gold has more than 6 grams of share from approximately 500 grams of a heavy gold medal. Therefore, it constitutes nearly 1.2% of a gold medal of 85 mm in diameter.
Why This Saving In The Global Event?
Basically, if the cost of 10 grams is INR 48,000 then it would be INR 2,400,000 for 500 grams. Such a very big amount! And, if it shares with 100s of people like we see a number of gold medalists; how much a big cost it would be! So, it would be a valid reason for the gold medal to build from silver.
Was The Gold Medal Never Made-Up of Solid Gold?
In 1904, 1908, and 1912 the winners were awarded solid gold medals but these medals are comparatively smaller in size. And, the 1912 Summer Olympics in Stockholm, Sweden offered the last series of Olympic medals made of solid gold.
When Gold medals have 100% composition of gold?
In the 1908 London Olympics, the gold medals had the 100% composition of gold. This gold medal has a diameter of 33 mm and that is manufactured by Vaughton & sons.
That time approximately 106 gold medals were awarded to winners. And, 56 gold medals awarded to the players of host nation Great Britain.
Design of Gold medal
On the obverse, two female figures placing a laurel crown on the head of a young victorious athlete, with, in the bottom half, the inscription “OLYMPIC GAMES LONDON 1908″
On the reverse, the figure of St George, patron saint of England. Legend says that he was a fighting saint who slew a dragon to free a princess.