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2020 Olympic Coins Confined?

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Pillar of the Community

Australia
1364 Posts
 Posted 04/28/2020  09:03 am Show Profile   Bookmark this topic Add coaster to your friends list Get a Link to this Message Number of Subscribers
Looks as though the Olympics are done and dusted until next year, 2021.
So what is going to happen to all those coins already minted to celebrate the Olympics in 2020 such as
https://eshop.ramint.gov.au/austral...m-ambassador ?
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ryurazu's Avatar
Australia
1333 Posts
 Posted 04/28/2020  8:31 pm  Show Profile   Bookmark this reply Add ryurazu to your friends list Get a Link to this Reply
there going to stay like that is my guess they might make another year tho (2020 and 2021).
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Sap's Avatar
Australia
16809 Posts
 Posted 04/29/2020  7:20 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Given they will still be called the "2020 Olympics", even though they are planned to be held in 2021, I suspect the answer for the RAM will be, "they will be sold as usual". For countries that have not yet released or begun to sell their Olympic commemoratives, they may withdraw them, or even melt down and restrike them with the "correct" future dates, depending on the laws of the countries in question. France, for example, has strict laws against the Mint producing and selling coins with the "wrong date" on them.

If countries that have already produced and sold Olympic coins decide make a second series of coins for next year with the "correct" obverse date (as I suspect some will do so), then I suspect the "cancelled Olympics" coins might become curiosities in years to come - not entirely unlike the "wrong date" medals for the coronation of Edward VII (his original coronation date had to be postponed when the king came down with appendicitis)... or the "protocol error" West German coins for the 1972 Olympics with "in Deutschland" instead of "in Munchen".

Whether such "curiosity" would then convert to "massive increase in collector value", only the future knows.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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sel_69l's Avatar
Australia
21786 Posts
 Posted 04/29/2020  7:59 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Watch this space over the next few years.
Some interesting anomalies that may be scarce or rare are bound to show up.

This situation could apply to any World Olympic commemorative coin that may be issued into circulation or for the NCLT collector market.
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