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Collectors are paying more than R$1.400 for Olympic Coins

Written by Ruth Rodrigues
Published 02/08/2024 às 19:52
Coins from the 2016 Olympics can give you extra income! Discover the historical value of R$10 pieces with a limited run of 5 units.
Photo: Capitalist

Coins from the 2016 Olympics can give you extra income! Discover the historical value of R$10 pieces with a limited run of 5 units.

As Olympics coins 2016 represent an important milestone in Brazilian numismatics. Created to celebrate the Olympic Games held in Rio de Janeiro, these coins not only commemorate a historic event, but are also valuable pieces on the collectors market. In this article, we will explore the value of 10 reais gold coins, highlighting the extra income potential they offer and what makes them so special for collectors and investors.

Olympic gold coin: a detailed look

Among the various editions launched for the 2016 Olympic Games, the currency of 10 reais in gold deserves to be highlighted.

Known as the “100 meter race” coin, it is part of a series that also includes the “pole vault” and “wrestling” disciplines, in addition to the Olympic torch coin.

With a limited run of just five thousand units, these coins are not intended for everyday use, but rather for the collectors market.

The 10 reais coin, in Flor de Cunho (FC) condition, can reach values ​​of up to R$1.799 on the market.

This impeccable condition, which indicates a piece with no signs of wear, is highly valued by collectors.

Its restricted circulation and exclusivity make the coin have a significant value.

Design and meaning of Olympic coins

The design of the 10 reais coin is remarkable. On the face of the coin, an athlete in the middle of the race symbolizes the 100 meter race, one of the most emblematic of the Olympic Games.

On the reverse, the image of Christ the Redeemer and the Olympic hoops complement the face value of “10 reais”.

This design not only celebrates sporting competition, but also reinforces the coin's connection to the Olympic event.

Unlike the R$1 coins, which were also issued for the Olympics and have value for collectors, the currency of 10 reais is classified as non-current currency.

This means that it is not intended for common use as a means of payment. 1 real coins, although commemorative and valuable in some rare editions, were produced in larger quantities and are more accessible to beginning collectors.

The 10 reais coins were created specifically for the collectors market and were sold directly by financial institutions and specialized stores.

These coins are often accompanied by certificates of authenticity, which adds even more value to the piece.

Olympic coins and their appeal

Commemorative coins have a special appeal in market numismatic.

They are designed to celebrate historical, cultural and sporting events, and their value can vary based on several factors.

Rarity, condition of the coin, theme and market demand are all elements that influence the value of a commemorative coin.

Limited circulation is one of the main factors contributing to the value of a coin. The smaller the number of copies, the higher the value tends to be.

This scarcity creates additional demand among collectors looking to acquire exclusive pieces for their collections.

Olympics Coins
Source: Olympic Outbreak

Extra income opportunities

For investors and collectors, the coins Celebrations can represent an opportunity for extra income.

Over time, some coins can appreciate significantly, especially if they are kept in exceptional conditions. It is important, however, to be aware of the volatility of the commemorative coin market.

Values ​​may fluctuate based on collector demand and general economic conditions.

Furthermore, coins initially purchased at affordable prices can experience considerable appreciation.

To maximize your extra income potential, it is recommended that you seek guidance from numismatic experts and stay up to date with market trends.

Commemorative coins, like those issued for the 2016 Olympics, are valuable not only for their material and limited run, but also for what they represent.

They serve as a way to celebrate and preserve history and culture, becoming coveted pieces by collectors and investors.

When considering buying or selling commemorative coins, it is essential to understand the factors that influence their value.

Where to sell Olympic coins? Check out the best platforms and tips on how to profit

If you own Olympics coins and are interested in selling them, it is critical to know where to sell coins to ensure you get the best value possible.

The collectible coin market is vast and diverse, with options ranging from specialized websites to broader marketplaces.

Brasil Moedas Auctions: The first option for those who want to sell Olympic coins

O Brazil Coins Auctions is a prominent platform when it comes to selling Olympic coins.

This site specializes in auctions of rare coins and banknotes, providing a safe and targeted environment for collectors.

Through this channel, you can advertise your coins and participate in auctions, which can result in a higher sale value.

The site's specialization in the numismatic niche ensures that your coins will be seen by an audience that truly understands their value.

Tenor & Pellizzari: Tradition and trust in the Numismatic market

Another respected platform is Tenor & Pellizzari, known for its seriousness in the rare and collectible coins market.

On this website, in addition to registering your coins for sale, you can request specialized evaluations.

The platform also offers detailed information about the numismatic market, which can be useful for those who want to better understand the value of their coins before putting them up for sale.

Brazilian Numismatic Society

The website of Brazilian Numismatic Society (SNB) It is an excellent option for those looking for a specialized audience.

SNB offers a dedicated classifieds space where collectors can advertise their coins directly to other enthusiasts.

This is a way to reach buyers who truly value the history and rarity of Olympic coins.

Source: Numismatic Observer.

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Ruth Rodrigues

Graduated in Biological Sciences from the State University of Rio Grande do Norte (UERN), she works as a writer and scientific disseminator.

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