The Imprensa Nacional Casa da Moeda (INCM) has issued its first coin dedicated to the upcoming summer Olympiad planned for next year in Rio de Janeiro, Brazil. It will be the first time in the history of the modern Olympic games that they will be staged on the South American continent.
Portugal and Brazil have very close historical, cultural, familial, and linguistic ties, as Brazil was once a part of the Kingdom of Portugal, ruled by one sovereign. Founded in 1500 by the Portuguese explorer Pedro Alvares Cabral—who claimed the region east of the Amazon River for the Portuguese kingdom—Brazil remained a part of Portugal until 1808, when the capital of the joint kingdom was relocated to Rio de Janeiro due to the Napoleonic wars.
In 1822, Brazil declared independence from the Portuguese Kingdom and became known as the Empire of Brazil, which lasted until 1889, when the Republic was founded. Rio de Janeiro, the former capital of Brazil, was founded in 1565 and celebrates its 450th anniversary of foundation this year. Rio remained Brazil’s capital until 1960, when the capital was relocated to a new purpose-built federal administrative city situated further inland.
Rio de Janeiro was chosen as the host city for the XXXI Olympiad in 2009 during an IOC conference in Copenhagen. It is the first time the Olympiad will be held in a South American country and only the third time it will be held in the southern hemisphere. The games will take place from August 5 through 21, and will be held in 33 venues spread across four regions of the city.
The precious metal version of this coin showcases a new technical achievement in fusing together the two metals. Rather than the usual outer-ring/inner-disc structure, the coin utilizes a groove construction which enables both portions of the coin to be struck in different metals, in this case gold and silver. The groove technique and fitting also compliments the actual design of the coin, as it includes the wavy line featured as part of the primary design. The coin’s design is the work of renowned Portuguese artist Joana Vasconcelos, whose name appears on the obverse side. The cupro-nickel version is minted as a single metal piece.
|€2.50||Cupro-nickel||12 Grams||10 mm.||BU||150,000 pieces|
|€2.50||.999 silver – .999 gold||5.8 grams
|28 mm.||Proof||10,000 pieces|
These new creatively designed coins are currently under production and the INCM is now accepting orders for dispatch.
For more information on these and other coins offered by the INCM, please visit their Web site. Information is offered in Portuguese and English, with international orders dispatched where applicable.