With American, Virginia Thrasher winning the first gold medal at Rio in the 10-metre air rifle contest, just how much is it worth?
In making the medals that will be awarded athletes at the ongoing Rio Olympics, a team of about 100 people – including sculptors and machine operators – have been working in secret inside the Brazilian Mint to produce more than 5,000 medals ahead of the Games.
What if gold medals were really made of solid gold? It’s estimated that it would be worth around $76,000 (about ₦25 million). Yet, gold medals haven’t always been silver, electroplated with gold. The last time Olympic medals were made of pure gold was during the 1912 Summer Olympics in Stockholm, Sweden.
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