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The Cost Of The Olympic Gold Medals Is Shockingly low

PYEONGCHANG-GUN, SOUTH KOREA - FEBRUARY 14:  Gold medalist Shaun White of the United States poses during the medal ceremony for the Snowboard Men's Halfpipe Final on day five of the PyeongChang 2018 Winter Olympics at Medal Plaza on February 14, 2018 in Pyeongchang-gun, South Korea.  (Photo by Quinn Rooney/Getty Images)Photo of David Hookstead

4:50 PM 02/21/2018

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The cost of an Olympic gold medal to make is way lower than you probably think.

They cost just under $600, according to ESPN’s Darren Rovell.

Value of gold medal in metal for last 4 Olympics at the time they were won:

2018: $581

2016: $589

2014: $581

2012: $640 pic.twitter.com/456C7VnvOm

— Darren Rovell (@darrenrovell) February 21, 2018

Is it just me or is this an absurdly low amount of money to make a gold medal? I mean, $581 is what can be racked up in a night at the club with some friends. I’m going to guess that they’re not solid gold, which is an absolute shame.

Winning a gold medal should be worth more than a nice bottle of champagne at a nightclub. It just has to be. I want gold medals to be worth like $10,000. I want losing one to be such a big deal that nobody would ever allow it to happen.

Don’t misunderstand what I’m arguing here. I don’t think $581 is pennies. I don’t. I would be upset if somebody stole that amount of money from me or I lost it. However, life would go on pretty much the exact same way.

Life should change big time if you lose a gold medal. It’s a gold medal! It takes a life of dedication to earn one of those, and they should be pure gold. I’m very disappointed to find out that there are lots of bottles of booze worth more than a gold medal. It’s like my whole world just got flipped upside down.

Follow David on Twitter

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