The 2016 Olympic Games in Rio will be held from the 5th to 21st of August and this year over 10,000 athletes from more than 200 countries will compete for the Olympic medals. The Croatian Olympic Delegation is more than ready for the most important competition in a life of an athlete.
Even though Croatia is a small country with the population of a little more than 4.2 million at the last Olympic Games held in London four years ago Croatian athletes set a record in winning three gold medals, one silver and two bronze medals. This month the Croatian Olympic team is expected to break that record.
At 2016 Rio Olympic Games Croatia will participate with 87 athletes, 19 athletes less than in London in 2012. They will compete in 17 different sports and there are plenty of candidates for Olympic medals.
Out of 87 Croatian athletes nine of them are Olympic medal winners and they will compete in individual sports. The Croatian national water polo team will defend a gold medal from the 2012 London Olympics whilst the Croatian handball team will compete for one of the medals after winning the bronze in London.
Interestingly, the 2016 Olympic Games medals will be the heaviest in the history with a weight of 500 grams. That is almost 100 grams more than those medals worn by athletes on the winner’s podium in London four years ago.
Auro Domus, the Croatian financial institution specializing in gold trading, has calculated the value of Olympic medals which will be awarded at the Olympics in Rio.
In the case that an Olympic gold medal winner decides to sell his/her medal the value would be 3,750 Kunas i.e. around 500 Euros whilst the value of a silver medal would be little more than 2,000 Kunas. A bronze medal would be worth of around 100 Kunas.
In spite of popular belief, gold medals are produced mainly of silver which accounts for almost 99 per cent. They are only plated with gold (at least 6 grams) which makes them look very precious. If gold medals were made of pure gold, their value would be 150,000 Kunas. The last Olympic gold medal that was actually made from gold was awarded in 1912. Silver medals are made entirely of silver with a share of 92.5 percent purity. Bronze medals contain 475 grams of copper and 25 grams of zinc. Around 5 kilograms of gold and 1.6 tons of silver were spent in the production of the 2016 Olympic Games medals.