I'll bet you thought there were only three!
Normally we only think of three medals, gold, silver & bronze. The one made out of the most valuable metal being the most desirable. At the Olympics there is more than gold, silver & bronze happening behind the scenes, but these are the only ones the media finds interestring to publicise. Every sport has it's own awards and they often go beyond the three we've mentioned.
The Gold Medal
This is the most desirable, it signifies 1st place and has the desirable title of "Champion" attached to it.
The Silver Medal
The Silver Medal goes to the 2nd place finisher. Often the performances of the top two are so close that it is difficult to choose a clear winner. The winner is often not known until the competition accountants tally the scores and, if the numerical scores are identical, apply tie breaking rules. Occasionally there is a perfect tie in a competition. If that happens, both places receive the higher medal and the lower one is not awarded.
The Bronze Medal.
The "Bronze" goes to the third place finisher, and since this is the lowest medal the news media discusses you might think that three medals is all there is, but read on!
The Pewter Medal
Pewter??? Yes, Pewter! This signifies 4th place and if you've never placed this high in a competition before, pewter can feel pretty good.
The Finalist Medal
A 5th place medal? Not really, but 5th place finishers do get one. The Finalist medal will go to every competitor who qualified for this competition. In itself, it represents the effort our competitors have invested in becoming good enough at what the do to be here. We appreciate them all.
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