CBS news | 2 hours ago | Finance
The financial value of Olympic medals extends beyond their intrinsic "melt value," which refers to the worth of the medals' mineral contents. In fact, their actual value in monetary terms is significantly greater, as highlighted by a specialist in the auction industry. This means that the intrinsic component of the medals doesn't necessarily determine their actual price tag, especially when factors such as historical significance, rarity, and the sportsperson attached to them come into play. In essence, the true worth of these medals goes beyond their metal content, underlining the unique nature of these prized possessions in the sports world.