Olympic Medals Worth More Than Ever As Gold, Silver Costs Soar - News Summed Up

Olympic Medals Worth More Than Ever As Gold, Silver Costs Soar


Dillon Gage Metals, a Texas-based metals trading firm, told Forbes it projects a higher value of about $2,357 for a Milan Cortina gold medal and $1,399 for a silver medal, based on a spot gold price of $4,967.90 per troy ounce and a price of $87 for silver. How Much Could Athletes Sell Their Medals For? Athletes willing to sell medals they win in Milan Cortina could be looking at a big payday, Bobby Eaton, an Olympics memorabilia expert at the Boston-based RR Auction house, told Forbes. He estimated a gold medal could be auctioned for between $60,000 and $80,000 if an athlete decides to sell it in the weeks following the Olympics, noting the price can go even higher if the medal was won by a famous athlete in a popular sport. Olympians can get the most value out of their medals immediately following the Games, Eaton said, because “there’s not a lot on the market, and that brings the value up because collectors want a complete full set.” Eaton said, though, the rising value of gold and silver likely would not impact how much medals could be auctioned for because they derive their value from the fact they are Olympic medals and are highly sought after by collectors, not because they are made of precious metals.


Source: Forbes February 09, 2026 14:13 UTC



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