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Fun on Friday: Men With Sticks Chasing a Silver Cup

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Twenty-twenty has been a miserable year for sports fans. Coronavirus shut down sports back in March, leaving sports junkies to chose between blankly staring replays of 5-year-old football games or actually picking up a book.

But we’re starting to see signs of normalcy.

Or at least the new normalcy.

Baseball finally started its season a couple of weeks ago. Of course, you can only watch in person if you can figure out how how to shape-shift into a cardboard cutout – or if you’re a politically connected doctor invited to throw out the first pitch. (Somebody needs to give Dr. Fauci throwing lessons, by the way.) But baseball is back.

And this weekend, the NHL will finally kick off the 2020 Stanley Cup playoffs.

Yes, it is time for men with sticks to chase down a silver cup.

Hockey in summer is pretty weird. It’s weird to think about watching playoff hockey between trips to the beach and mowing the grass. But hey, as a die-hard hockey fan, I’ll take it!

So, what’s the big deal about the Stanley Cup anyway?

Well, in the first place, it’s the hardest trophy in sports to win. (And in true hockey player form, I will fight you over this.) In order to hoist the Cup, you have to win four best-of-seven series. Think about that for a minute. In football, you have to win, at most, four games. In baseball, you have to get through a five-game series and a couple of seven-game series. The NBA also requires winning four seven-round series, but, real talk here, it’s just basketball. The Stanley Cup playoffs are the most grueling and arduous tournament in sports.

Ask any hockey player and they will tell you that the Stanley Cup is priceless. Getting your name etched on that iconic trophy is the ultimate dream of every kid you laces up the skates and picks up a stick.

The Cup itself has a monetary value as well. It’s just that nobody can pin down exactly what that is. The best estimate I’ve been able to find is around $600,000.

On a side-note, did you know the Stanley Cup has a guardian? Phil Pritchard serves as “Keeper of the Cup.” He and his cohort travel everywhere with the trophy to make sure it stays safe. That further demonstrates the value of the trophy.

The Cup itself is pure silver and the rest of the trophy is formed out of a silver/nickel mix. That gives it value in and of itself. Silver has long been coveted for its beauty and scarcity. I wouldn’t recommend melting the Cup down though. It’s is even more valuable when you factor in the intangibles.

The name of every player to ever win the Cup is carved right into it. Obviously, the trophy would become ridiculously tall if they keep all the rings attached, so the bottom one is removed once the top one is full. The old rings are kept at the Hockey Hall of Fame in Toronto. Nevertheless, nobody will ever forget Erwin Murph Chamberlain won the 1946 Cup with the Montreal Canadians. It’s carved right there on the trophy.

Of course, in order to get your hands on the Stanley Cup, you have to win the NHL championship – or go someplace where the trophy is on display. The good news is if you just like silver, it’s much easier to get your hands on that. Just call 1-888-GOLD-160 today!

Fun on Friday is a weekly SchiffGold feature. We dig up some of the off-the-wall and off-beat stories relating to precious metals and share them with you – with tongue firmly planted in cheek. Click here to read other posts in this series.

Get Peter Schiff’s key gold headlines in your inbox every week – click here – for a free subscription to his exclusive weekly email updates.
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Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!

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About The Author

Michael Maharrey is the managing editor of the SchiffGold blog, and the host of the Friday Gold Wrap Podcast and It's Your Dime interview series.
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