How Much Each Olympic Gold Medal Is Worth to Winner: Breakdown by Country

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Did you know that Olympians in ancient Rome competed for olive wreaths? However, it wasn’t until 1896 and 1900 that the first Modern Olympians competed for silver and bronze medals respectively. But, what about the creme de la creme of medals? It wasn’t until the St. Louis Summer Olympics in 1904 that gold medals began to be awarded to Olympic champions. The Olympic Games feature thousands of medals that are designed, produced, and awarded every four years. Since the introduction of medals, there have been close to 20,000 medals awarded to athletes. FYI, Micheal Phelps is the proud owner of 28…

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