Are gold medals solid gold?

Without qualification, the term is likely to refer to a winner's prize at the modern Olympic Games (medals were not awarded at the ancient games). In 1896, winners' medals were in fact silver. The custom of gold-silver-bronze for the first three places dates from the 1904 games and has been copied for many other sporting events. Minting the medals is the responsibility of the host city. From 1928-1968 the design was always the same: the obverse showed a generic design by Florentine artist Giuseppe Cassioli with text giving the host city; the reverse showed another generic design of an Olympic champion.
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