MarketOlympic medal
Company Profile

Olympic medal

An Olympic medal is awarded to successful competitors at one of the Olympic Games. There are three classes of medal to be won: gold, silver, and bronze, awarded to first, second, and third place, respectively. The granting of awards is laid out in detail in the Olympic protocols.

Introduction and early history
The olive wreath was the prize for the winner at the Ancient Olympic Games. It was an olive branch, off the wild-olive tree that grew at Olympia, intertwined to form a circle or a horse-shoe. According to Pausanias, it was introduced by Heracles as a prize for the winner of the running race to honour Zeus. When the modern Olympic Games began in 1896 medals started to be given to successful olympian competitors. However, gold medals were not awarded at the inaugural Olympics in 1896 in Athens, Greece. The winners were instead given a silver medal and an olive branch, whilst runners-up received a laurel branch and a copper or bronze medal. medal from the 1900 Summer Olympics, designed by The 1900 Summer Olympics is unique in being the only Olympic Games to feature rectangular medals, which were designed by . Gilt silver medals were awarded for 1st place in shooting, lifesaving, automobile racing and gymnastics. Second place silver medals were awarded in shooting, rowing, yachting, tennis, gymnastics, sabre, fencing, equestrian and athletics. If there is a tie for any of the top three places all competitors are entitled to receive the appropriate medal according to IOC rules. Some combat sports (such as boxing, judo, taekwondo and wrestling) award two bronze medals per competition, resulting in, overall, more bronze medals being awarded than the other colours. Medals are not the only awards given to competitors; every athlete placed first to eighth receives an Olympic diploma. Also, at the main host stadium, the names of all medal winners are written onto a wall. Finally, as noted below, all athletes receive a participation medal and diploma. ==Production and design==
Production and design
athletes, at the Museum of Sport and Tourism in Warsaw The IOC dictates the physical properties of the medals and has the final decision about the finished design. Specifications for the medals are developed along with the National Olympic Committee (NOC) hosting the Games, though the IOC has brought in some set rules: • Recipients: The top three competitors receive medals • Shape: Usually circular, featuring an attachment for a chain or ribbon • Diameter: A minimum of 60 mm • Thickness: A minimum of 3 mm • Material: • First place (the gold medal): It is composed at least 92.5% of silver, plated with 6 grams of gold; the metal value was about US$494 in 2010. At the 2020 Summer Olympics held in 2021 in Tokyo, Japan, the medal at then-current prices was worth about $800. • Second place (the silver medal): 92.5% silver; the metal value was about US$260 in 2010. At the Tokyo games it was 95% copper and 5% zinc with a metal value of about $5. Trionfo from the 1980 Summer Olympics showing Cassioli's obverse design portraying Nike, the Greek goddess of victory In 1923 the International Olympic Committee (IOC) launched a competition for sculptors to design the medals for the Summer Olympic Games. Giuseppe Cassioli's Trionfo design was chosen as the winner in 1928. The obverse brought back Nike but this time as the main focus, holding a winner's crown and palm with a depiction of the Colosseum in the background. The competition saw this design used for 40 years until the 1972 Summer Olympics in Munich became the first Games with a different design for the reverse side of the medal. The Greek press criticised the design for ignorance of the birthplace of the Olympic Games, pointing out that the long-standing feature on the front of medals was mistakenly depicting the Roman Colosseum rather than the Greek Parthenon. The Sydney Organising Committee decided to continue with the design as it was, noting that there was insufficient time to complete another version and that it would be too costly. This new obverse design remains in use. Custom reverse designs The German Olympic Committee, Nationales Olympisches Komitee für Deutschland, was the first Summer Games organisers to elect to change the reverse of the medal. The 1972 design was created by Gerhard Marcks, an artist from the Bauhaus, and features mythological twins Castor and Pollux. Since then the Organising Committee of the host city has been given the freedom of the design of the reverse, with the IOC giving final approval. Comparison between Summer and Winter The IOC has the final decision on the specifications of each design for all Olympic medals, including the Summer Games, Winter Games, Summer Paralympic Games and Winter Paralympic Games. There has been a greater variety of design applications for the Winter Games; unlike with the Summer Games, the IOC never mandated one particular design. The medal at the inaugural 1924 Winter Olympics in Chamonix, France did not even feature the Olympic rings. Nike was featured on the medals of the 1932 and 1936 Games but has only appeared on one medal design since then. One regular motif is the use of the snowflake, while laurel leaves and crowns appear on several designs. The Olympic motto Citius, Altius, Fortius features on four Winter Games medals but does not appear on any Summer Games medal. For three events in a row, hosts of the Winter Games included different materials in the medals: glass (1992), sparagmite (1994), and lacquer (1998). It was not until the 2008 Summer Olympics in Beijing, China that a Summer Olympic host chose to use something different, in this case, jade. While every Summer Olympic medal except for the 1900 Games has been circular, the shapes of the Winter Games have been considerably more varied. The designs for the Winter Games medals are also generally larger, thicker, and heavier than those for the Summer Games. ==Individual design details==
Individual design details
Summer Olympic medal designs Details about the medals from each of the Summer Olympic Games: Winter Olympic medal designs Details about the medals from each of the Winter Olympic Games: ==Participation medals==
Participation medals
competitor medal awarded to Irish yachtsman Eddie Kelliher Since the beginning of the modern Olympics the athletes and their support staffs, event officials, and certain volunteers involved in planning and managing the games have received commemorative medals and diplomas. Like the winners' medals, these are changed for each Olympic Festival, with different ones issued for the summer and winter games. ==Gallery==
Gallery
File:Med 1900.jpg|Reverse of the plaque from the 1900 Olympic Games in France File:James Graves - 2000 Olympics in Sydney.JPEG|James Graves wearing a bronze medal at the 2000 Summer Olympics, the last version of the Trionfo design File:Vincent Hancock wins Olympic gold.jpg|Vincent Hancock with his gold medal at the 2012 Summer Olympics, the heaviest Summer Olympics medal prior to the 2016 Rio Olympics ==Presentation==
Presentation
receives his medal at the 1912 Summer Olympics The presentation of the medals and awards varied significantly until the 1932 Summer Olympics in Los Angeles brought in what has now become standard. Before 1932 all the medals were awarded at the closing ceremony, with the athletes wearing evening dress for the first few Games. Originally the presenting dignitary was stationary while the athletes filed past to receive their medals. The victory podium was introduced upon the personal instruction in 1931 of Henri de Baillet-Latour, who had seen one used at the 1930 British Empire Games. The winner is in the middle at a higher elevation, with the silver medallist to their right and the bronze to their left. It is customary for many medals at the Winter Olympics to be presented in a separate ceremony on the evening of or the evening after competition. At the 2002 Winter Olympics in Salt Lake City, the "medals plaza" was popularized as a way for the public to see presentations that would have otherwise taken place at far-flung, low-capacity or high-altitude venues and to have an evening program that often included musical performances. ==See also==
tickerdossier.comtickerdossier.substack.com