What Value for The World Cup Trophy ?

May 31, 2010 Posted Under: Partycash4gold Share & Bookmark
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The World Cup is looming large and Partycash4gold have often been asked how much the trophy is actually worth.

The history of the trophy (named the Jules Rimet Trophy) is interesting. The trophy was commissioned by FIFA for the 1974 World Cup. Fifty-three submissions were received from sculptors in seven countries. Italian artist Silvio Gazzaniga was awarded the commission. The trophy stands 36.5 centimetres (14.4 inches) tall and is made of 5 kg (11 lb) of 18 carat (75%) solid gold with a base (13 centimetres [5.1 inches] in diameter) containing two layers of malachite. Produced by Bertoni, Milano, it weighs 6.175 kg (13.6 lb) in total, depicts two human figures holding up the Earth. Gazzaniga described the trophy thus, “The lines spring out from the base, rising in spirals, stretching out to receive the world. From the remarkable dynamic tensions of the compact body of the sculpture rise the figures of two athletes at the stirring moment of victory.” It was first presented at the 1974 FIFA World Cup, to West German captain Franz Beckenbauer.

Based on the gold value today of £830 per ounce, the trophy is 176 ounces of 18 karat gold so would be worth on the open market approximately £110,000 !

In 1974 when the trophy was commissioned gold was approximately £120 per ounce which would have valued it then at £16,000 so its obviously increased hugely in value !

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