Olympics Going Green – Recycling Precious Metals for Medals

 

 

 

The Vancouver 2010 Winter Olympics is going green.  Not only is the Olympic committee pushing / practicing the three R’s (Reduce, Reuse, and Recycle) using the bins provided at all Games venues;   this year, when the winter Olympic champions have the gold, silver and bronze medals placed around their necks, they will be wearing old computer parts. 

In an effort to cut greenhouse emissions by 15%, Olympic organizers are using recycled materials to help reach this overall goal.  In past games, the medals have been made of freshly mined ores.  A Canadian based mining company responsible for making the medals had developed a process to recapture metals from cathode ray glass tubes, computer circuits, keyboards and other recyclable e-waste.  The process to recover precious metals is said to include shredding, separating and heating the recyclable materials.  Other signs of the sustainability of the Vancouver 2010 Games include solar panels and green roofs in the Olympic villages as well as personal reusable water bottles at Games venues for the first time.

Third place finishers will receive a bronze medal with 1.11% recycled material.  Second place finishers will receive a silver medal with 0.12% recycled material.  And the Olympic champion in the event will receive a gold medal with 1.52% recycled material.

Manhattan Gold & Silver Update

We are open for business with limited hours from 11am - 2pm. The easiest method for metal processing is to either mail, or drop off/curbside service. Customers will not be allowed in the exchange at this time. 

If you have any questions you can still contact us at 212-398-1454 and sign up for our newsletter for further announcements.

Most importantly, please stay safe! 

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