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Thursday, March 04, 2010

How Valuable is an Olympic Medal?

This year’s Olympic medals “are the first containing metal salvaged from televisions, circuit boards, monitors and electronic waste.”  Both the “gold” and “silver” medals are actually 92.5% silver, while the bronze medals are mostly copper.  The first-place medals (which are gold-plated) are valued at about $537; the second-place medals are valued at about $300; and the third-place medals are valued at $3.40. Info from Freakonomics.

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