Comments on: How Much Gold Is Actually IN an Olympic Gold Medal? https://eliteedgemoney.com/how-much-gold-is-in-olympic-gold-medal/ Money | Minimalism | Mohawks Tue, 08 May 2018 16:15:12 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: J. Money https://eliteedgemoney.com/how-much-gold-is-in-olympic-gold-medal/#comment-107113 Mon, 06 Aug 2012 14:29:07 +0000 https://staging.eliteedgemoney.com/?p=27620#comment-107113 Haha you got that straight. A lot of these guys and girls out there are making MILLIONS from all their glory, and I commend them on it! Gotta ride out the success as long as you can, right?

]]> By: Melissa@LittleHouseInTheValley https://eliteedgemoney.com/how-much-gold-is-in-olympic-gold-medal/#comment-107032 Sat, 04 Aug 2012 20:43:57 +0000 https://staging.eliteedgemoney.com/?p=27620#comment-107032 So, the medals are ony gold plated and then you have to pay taxes on them too. Sure isn’t like the old days, but of course, the Olympians from 1912 probably didn’t make a fortune hawking McDonald’s!

]]> By: J. Money https://eliteedgemoney.com/how-much-gold-is-in-olympic-gold-medal/#comment-107018 Sat, 04 Aug 2012 19:44:54 +0000 https://staging.eliteedgemoney.com/?p=27620#comment-107018 oh wow, that’s pretty crazy… gonna go over and check it out, thx! :)

]]> By: DebtsnTaxes https://eliteedgemoney.com/how-much-gold-is-in-olympic-gold-medal/#comment-106996 Sat, 04 Aug 2012 04:20:24 +0000 https://staging.eliteedgemoney.com/?p=27620#comment-106996 This is an article that has a couple of the countries payouts. Suprisingly in first place is a country that is financially in trouble, Italy. They pay out $182,400 for a gold medal. http://finance.yahoo.com/news/us-olympic-medal-winners-bonuses-170523656.html

]]> By: J. Money https://eliteedgemoney.com/how-much-gold-is-in-olympic-gold-medal/#comment-106955 Fri, 03 Aug 2012 17:43:20 +0000 https://staging.eliteedgemoney.com/?p=27620#comment-106955 @Jennifer Lynn @ Broke-Ass Mommy – Haha… right?
@DebtsnTaxes – Wow, well that’s nice!! I’ve actually heard that about other countries too, like those who don’t win much. Their winners get a TON of VIP treatment!
@Gekko – In more ways than one :)
@Aloysa @ My Broken Coin – Yeah, same here… though I guess they ARE worth more if they ever go on the market. They’re only technically cheaper cuz of the gold weight and all that.

]]> By: Aloysa @ My Broken Coin https://eliteedgemoney.com/how-much-gold-is-in-olympic-gold-medal/#comment-106937 Fri, 03 Aug 2012 14:46:12 +0000 https://staging.eliteedgemoney.com/?p=27620#comment-106937 Very interesting to see the progression in size. Dollar value, not so much. And this fact really surprised me. I thought that a golden medal would be worth so much more.

]]> By: Gekko https://eliteedgemoney.com/how-much-gold-is-in-olympic-gold-medal/#comment-106931 Fri, 03 Aug 2012 06:03:51 +0000 https://staging.eliteedgemoney.com/?p=27620#comment-106931 Yesterday as I was watching Michael Phelps swim for gold i found out that the man won 8 gold medals at Olypmics Games in Beijing in 2008, 6 gold medals at Olympics Games in Athens and probabaly 2 gold medals at London. A very rich man :)

]]> By: DebtsnTaxes https://eliteedgemoney.com/how-much-gold-is-in-olympic-gold-medal/#comment-106915 Fri, 03 Aug 2012 03:09:15 +0000 https://staging.eliteedgemoney.com/?p=27620#comment-106915 When I was watching the Olympics the other day (or maybe I read it online) they said that Americans make $25,000 if they win a Gold medal, $15,000 for a Silver, and $10,000 for a bronze. Of course they make a crapload more with endorsement deals afterwards.

]]> By: Jennifer Lynn @ Broke-Ass Mommy https://eliteedgemoney.com/how-much-gold-is-in-olympic-gold-medal/#comment-106908 Fri, 03 Aug 2012 01:46:15 +0000 https://staging.eliteedgemoney.com/?p=27620#comment-106908 Ohh, boo. Clearly those suckers should consist of a full 1 oz of gold for our finest of athletes. ; )

Great chart, J, thanks for enlightening us (of what cheapskates the manufacturers of Olympic medals are!!!) ; P

]]> By: J. Money https://eliteedgemoney.com/how-much-gold-is-in-olympic-gold-medal/#comment-106898 Thu, 02 Aug 2012 20:51:41 +0000 https://staging.eliteedgemoney.com/?p=27620#comment-106898 @K @ Get Worth – Woah, that’s pretty cool! Yeah, I’d be interested in learning more about how much it costs to make them, and WHO does it all, too. Would be pretty cool to nab the Olympics as a client :)
@William @ Drop Dead Money – Oh, I’m sure they already write all that stuff off if they make any sort of money off it outside the Olympics :) You can be a small business in yourself, yeah?
@maria@moneyprinciple – Oh man, yeah these athletes bring home TONS more than just the medals! Advertising deals, free stuff all over from people trying to woo them, you name it. It’s win-win all around! (Baby and Daddy are doing well!! Slowly getting adjusted and enjoying their time being spent together :))
@Budget & the Beach – Right? That’s the least of their thoughts going through their heads when winning :)
@Joe @ Retire By 40 – Haha… I know. And if not, your kids or grandkids certainly wouldn’t have a hard time cashing in for that either ;)
@Ornella @ Moneylicious – YUP! It means more than just the physical metals in it! And I’m loving silver these days! Totally want to pick some more up, myself :)
@Em – For sure – you could sell those bad boys for TONS no doubt about it.

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