Saturday , 2 November 2024

Soccer’s World Cup Is Made Of 18 Karat Gold – How Much Is It Worth?

…The World Cup trophy is legendary. It is one of the oldest international sporting competitions…, established in 1930, and remains one of the most popular sporting competitions in the world. Over 3 billion people are expected to watch at least one minute of the tournament and nearly a billion people are expected to watch at least one minute of the final in Russia…How much does it weigh and what is its worth in gold? 

The original article has been edited here by munKNEE.com for length (…) and clarity ([ ])

The trophy for this grand event has changed from the Jules Rimet Trophy (originally named Victory) from 1930 to 1970 to the ‘FIFA World Cup Trophy’ from 1974 to the present day…It stands 36.8 centimeters high, weighs 6.177 kilograms or 198.6 troy ounces and is made of solid 18 karat gold. At today’s gold prices the trophy is worth a £140,000 (around $186,200 or €160,000).

The present World Cup’s “crown’s” design is by Italian artist Silvio Gazzaniga, chosen from among fifty-three submissions by sculptors in seven countries.  The name of the country whose national team wins each tournament is engraved on the bottom side of the trophy.

The winners of The World Cup only receive a replica of the trophy, which is just gold plated rather than the actual solid 18 karat gold trophy.

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