I can't even imagine the costs associated with this. (# of medals) x (cost) + (# of parades) x (cost) + (# of dignitaries to issue) x (salary) + (sticky buns) x (a lot).
I seriously doubt any realistic cost analysis has been done. The word colossal is probably pretty accurate though. I can't even begin to count the number of people that would qualify for this. -1 for me though, I missed it by a couple years.
With the amount of money coupled with the amount of time to hand these suckers out, perhaps we could spread it out over the next 50 yrs. We will have to get them to the old fellas first though, as they will not be around to see the last one issued.