Is the olympic medal real gold?
No, actually the Gold and Silver medals are made out of Silver with the Gold medal being gold plated. The Beijing medals are customized with a ring of jade. The medals are expensive to make but I’m not sure where this $80,000 price tag is coming from. You must be mixing that up with the following story about Otylia Jedrzejczak who auctioned her gold medal off for charity: Before the Athens Games, Otylia Jedrzejczak read a novel by Eric Emmanuel Schmitt called Oscar and the Lady in Pink, about a boy who died from leukemia. The story inspired her so much that she announced that if she won a gold medal she would auction it off to raise money for children with leukemia. Jedrzejczak sold the medal for $80,000 and donated the sum to a children’s cancer hospital in Poland. Enjoy!