Another Olympic coin has debuted and from one of the least prolific issuers of precious metal commemorative coins, Estonia. Usually only issuing at most a couple of coins every year, this is their second of 2016. The bank, Eeesti Pank, usually issues a coin for the summer and winter olympics, having done so in 2012 for London, and 2014 for Sochi. Prior to signing up for the Euro, they had issued similar coins at irregular intervals going back to the Barcelona games in 1992.

This one is struck in a staple format for Estonia, a standard ounce of sterling silver. Devoid of embellishments, the cleanly struck design depicts a heavily stylised runner about to launch from the starting blocks. Only the Estonian Olympic logo and the denomination sit alongside the main design, to leave a good looking coin that really depicts a powerful image of what the Olympics are really about, rather than the doped athletes and dopey events that seem to plague the event of late.

The obverse has a fine looking emblem of this Baltic state taking up most of the real estate on this face, with just the words ‘EESTI VABARIIK’ and the date of issue inscribed in an arc to the left of it. In all, we like this coin. It does away with pointless imagery (mascots anyone?) and sticks with the core message of the Olympic Games, and thats no bad thing. Available now for €40.00.

COIN IMAGES

MINTS DESCRIPTION

The silver collector coin is dedicated to the Estonian delegation and the athletes who will represent the Republic of Estonia at the Games of the XXXI Olympiad in Rio de Janeiro. The coin depicts an athlete in position ready to start a race, and the reverse also shows the nominal value “€10” and the logo of the Estonian Olympic Committee. The obverse side shows the coat of arms of the Republic of Estonia, the words “Eesti Vabariik”, and the year 2016.

The proof quality silver (Ag 925) collector coin weighs 28.28 grammes and is 38.61 mm in diameter, and 5000 of the coins will be minted. The coin was designed by Martin Pärn and is being minted in the Lithuanian Mint.

The silver collector coin has a nominal value of 10 euros and can be purchased for 40 euros, and it is available from the Eesti Post online shop and post office branches as well as the Eesti Pank museum. The coins cannot be booked in advance.

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2016 RIO OLYMPICS

The 2016 Summer Olympics officially known as the Games of the XXXI Olympiad, and commonly known as Rio 2016, is a major international multi-sport event in the tradition of the Olympic Games due to take place in Rio de Janeiro, Brazil, from 5 to 21 August 2016. Record numbers of countries are participating in a record number of sports. More than 10,500 athletes from 206 National Olympic Committees (NOCs), including first time entrants Kosovo and South Sudan, will take part. With 306 sets of medals, the games will feature 28 Olympic sports — including rugby sevens and golf, which were added by the International Olympic Committee in 2009. These sporting events will take place at 33 venues in the host city and at 5 venues in the cities of São Paulo (Brazil’s largest city), Belo Horizonte, Salvador, Brasília (Brazil’s capital), and Manaus.

These will be the first Summer Olympic Games under the IOC presidency of Thomas Bach. The host city of Rio de Janeiro was announced at the 121st IOC Session held in Copenhagen, Denmark, on 2 October 2009. Rio will become the first South American city to host the Summer Olympics. These will be the first games to be held in a Portuguese-speaking country, the first to be held entirely during the host country’s winter season (the 2000 games began on September 15 – 5 days before the Southern Hemisphere’s vernal equinox), the first since 1968 to be held in Latin America, and the first since 2000 (third overall) to be held in the Southern Hemisphere.

SPECIFICATION

DENOMINATION COMPOSITION WEIGHT DIAMETER FINISH MINTAGE BOX / COA
€10 EURO 0.925 SILVER 28.28 g 38.61 mm PROOF 5,000 YES / YES

MINT LINK

EESTI PANK (BANK OF ESTONIA)