Not a true endorsement/marketing piece of news, but interesting anyway:
The price of the gold medal
Olympic gold medals contain only about 0.19 ounces of gold, used to coat a silver disc underneath. That means that at gold's current price of $803 an ounce, Michael Phleps could sell his eight gold medals for about $1,728 in scrap metal. But of course, the medals are worth more than their face value. In 2004, for example, Polish swimmer Otylia Jedrzejczak sold her gold medal at auction for $82,599. And since then, gold prices have more than doubled. "I wish these hard-working athletes got 'the real thing'," said analyst Jon Nadler at Kitco Bullion Dealers. "But the medals are worth more than their weight in gold anyway." (MarketWatch)
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