Olympic Gold - What's It Worth?

As the Olympics have ended, many have asked what metals make up the Olympic medals…..

Up until 1912, the Olympic Gold medals were made of solid gold. No longer the case.

The gold, silver and bronze medals are 2.5 inches wide and .12 inches thick.

Since 1912, the gold and silver medals awarded are actually made up of mostly silver. The gold medal is coated with approximately a quarter of an ounce of 24kt gold.

The bronze medal also contains trace amounts of silver, but is composed of mostly copper, zinc and tin.

The 2008 Beijing Olympic medals have an image of Nike, the goddess of victory, on its obverse, and the Beijing Olympic emblem – inlaid with jade - on the reverse.

According to current gold values, the Olympic gold medals have a worth of about $300…….

Why not turn your old scrap gold or old gold jewelry into cash??? Visit www.cash4gold.com to see the prices we pay for your jewelry.

Going For Gold...

We’re on board.  We’re putting our money on Michael Phelps in Beijing.

Phelps has now won a career total of nine summer Games gold medals, putting him in the same category as Carl Lewis.  He is moving forward to break Mark Sptiz’s record of seven gold medals at a single Olympics.  The 23-year old has sparked the US swimming gold rush.

According to teammate Aaron Peirsol, "The way he (Phelps) is attacking this meet - he isn't just winning he is destroying world records on the way."

Phelps has made even his opponents sing his praises.  Park Tae-Hwan, the South Korean silver medalist to Phelps, claimed “Phelps swam so fast.  It’s my honor to compete with him”.

The eight gold medal quest continues.  Check back with us--we'll be waiting to see if he becomes the king of the gold.

At Cash4Gold, we pay attention to all things gold – from scrap gold to gold-chip athletes.  Visit our website for more information about our company.  Click here to see our latest Cash4Gold sports sponsorship!

Gold On Top of the Charts Yet Again

The BBC reported this week that Abba’s greatest hits compilation, entitled ‘Gold’, has topped the UK charts once again, knocking Coldplay down to the number two slot. Gold is now the oldest album to top the charts. It is the fourth best-selling album of all time in the UK. Gold, which was originally released in 1992, had its last sales peak in 1999.

Due to the release and success of the Meryl Streep, Pierce Brosnan flick Mamma Mia, the international supergroup is finding a new and younger audience gravitating toward their music. The film – which is also a Broadway play – was written around the music of Abba.

Gold is timeless! Visit our website to see how you can trade in your old scrap gold for cash! Also check out our new section for Fine Jewelry! Go to www.cash4gold.com to see the prices we pay for your old jewelry!