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Author Topic: Russia: Coins Commemorating FIFA World Cup 2018 Issued  (Read 941 times)

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Offline Bimat

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Russia: Coins Commemorating FIFA World Cup 2018 Issued
« on: December 22, 2016, 01:46:10 PM »
The Central Bank has issued dedicated to the 2018 FIFA world Cup coin

22.12.2016 [10:11]
Baku, December 22, AZERTAC

From 21 December into circulation commemorative act — the denominations of 25 rubles, as well as commemorative and investment coins made of gold and silver on the holding in Russia of world football championship, according to the Greatest.info.

The Bank of Russia announced the issuance of several coins on the holding in Russia of world Cup 2018 and FIFA confederations Cup 2017.

Mass circulation — 19,75 million copies will be released made of non-precious metal commemorative coin 25 rubles., on reverse of which is placed the image of the official emblem of the 2018 world Cup. Another 250 thousand coins will be released in a special version: the emblem and the inscription FIFA World Cup Russia 2018 they will be in color.

Four silver commemorative coins of 3 rubles. will be dedicated to the cities that will host matches of the 2018 world Cup, Yekaterinburg, Kazan, Kaliningrad and Saransk. The main background of each made in the form of “ornament, consisting of elements that reflect Russian culture and folklore heritage, as well as the football world”, and cartouches you can see images of the sights of the cities. The mintage of each commemorative coin will be 24 thousand.

The Central Bank also issued investment coins of gold (7.78 g, fineness 999) and silver (31.1 g, fineness 925) nominal value of 50 RUB and 3, respectively. The total circulation of the two batches of silver coins, the reverse of which is coated with a relief image of either the confederations Cup or world Cup football, will be 310 thousand. The total circulation of gold investment coins with the same images — 105 thousand.

Source: Azertec
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Offline Bimat

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Russia: Coins Commemorating FIFA World Cup 2018 Issued
« Reply #1 on: December 22, 2016, 01:48:12 PM »
Complete list of coins planned for FIFA competitions 2018 can be found here.

Aditya
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Offline Bimat

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Russia: Coins Commemorating FIFA World Cup 2018 Issued
« Reply #2 on: July 05, 2017, 07:11:33 AM »
Commemorative Russian coins released for 2018 FIFA World Cup

4 Jul, 2017 14:20

The Central Bank of Russia has commissioned a special batch of four commemorative coins dedicated to the 2018 FIFA World Cup, which will be held in Russia next summer.

On Tuesday, the bank issued four silver three ruble coins to be released into circulation, each of which features a unique special design. There will also be a commemorative 25 ruble coin made from non-precious metals. 

The four silver coins are each engraved with their own special image depicting landmarks around Russia: the ‘Motherland Calls’ monument in Volgograd, the Nizhegorodskaya Kremlin in Nizhny Novgorod, the ‘Soyuz’ rocket carrier in Samara, and the memorial monuments in Rostov-on-Don.

All of those cities will host World Cup matches. Around 24,000 of each of the four coins will be released into circulation.

Engraved on the reverse of each silver coin is the image of a footballer with a ball, a line representing the flight of a ball, folk decorations, and famous landmarks from Russian cities. 

“The reverse of each 25-ruble non-precious metal coin in regular circulation features an embossment of the FIFA World Cup trophy. The same trophy, only filled in with color, will be put on the back of coins in special circulation,” the bank said in a statement, Izvestia reported.

The 2018 FIFA World Cup tournament will be held in Russia from June 14 to July 15 at 12 stadiums located in 11 host cities.

In the lead up to the tournament, the World Cup trophy will embark on a 24-city tour of Russia, from Kaliningrad to Vladivostok – the longest national tour in history – giving Russians the chance to grab a clinch a glimpse of football’s biggest prize in 2017 and 2018. 

The 2017 FIFA Confederations Cup, which was also held in Russia and is seen as a dress rehearsal for the bigger tournament, concluded in St. Petersburg on Sunday evening with Germany beating Chile 1-0 in the final to claim their first ever title in that tournament.

Source: RT
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Offline Bimat

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Russia: Coins Commemorating FIFA World Cup 2018 Issued
« Reply #3 on: January 13, 2018, 07:45:46 AM »
Russian customs prevents 1.5 tonnes of coins from entering Estonia

Reported by: `CT Report  January 12, 2018

MOSCOW: A foreigner of unspecified citizenship tried to take 25-ruble and 10-kopek coins with a total worth of 4.19 million rubles or approximately 61,200 euros out of Russia, Interfax reported, referring to the Kingissepp customs office.

“The 25-ruble coins depicted the emblem of the football World Cup and the text “FIFA World Cup Russia 2018″ and the total weight of the coins was 1.5 tons. The 10-kopek coins depicted Saint George on horseback while killing a dragon and the total weight of those coins was 7.5 kilograms,” Interfax said.

The owner of the coins told the Russian customs officials that they bought the coins to invest them and planned to store them in Tallinn and realize them with a benefit after the start of the summer World Cup. The owner had acquired them by buying them officially from Moscow banks.

An administrative proceeding was launched against the foreigner on the basis of the section concerning illegal currency transactions as the man should have presented documents concerning the purchase of the coins but he did not have the documents.

Source: Customs Today
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Offline Figleaf

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Re: Russia: Coins Commemorating FIFA World Cup 2018 Issued
« Reply #4 on: January 13, 2018, 01:16:58 PM »
You don't smuggle 1.5 tonnes of anything, so there are only two options:

a) the shipment was legal and heavy-handed bureaucracy has struck again. It would have been sufficient to stop the shipment until the missing document could be shown.
b) the shipment was illegal and the owner underestimated the necessary bribe.

I view of the consequences (an administrative procedure) option a looks somewhat more likely.

Peter
An unidentified coin is a piece of metal. An identified coin is a piece of history.

Offline Bimat

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Russia: Coins Commemorating FIFA World Cup 2018 Issued
« Reply #5 on: January 13, 2018, 02:43:57 PM »
My guess would be some wholesale dealer from EU taking the FIFA world cup coins out of Russia to sell them in EU. ;) Whether it was legal or illegal is the real question, but even if it's legal, 1.5 tons sounds like a huge quantity!

Aditya
Caution. The low-hanging fruits are still there maybe for a reason.

Offline chrisild

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Re: Russia: Coins Commemorating FIFA World Cup 2018 Issued
« Reply #6 on: January 13, 2018, 04:56:23 PM »
Somewhat strange indeed. Right, you cannot simply bring so much money out of Russia or into the EU without "proactively" declaring it. The threshold is usually $10,000 or €10,000 - and €61,200 is certainly more than that. ;)

What I also find interesting is that this happened at the Ivangorod (RU) / Narva (EE) border. More than 90 percent of the population in Narva speak Russian, and more than 80 percent are ethnic Russians according to Wikipedia. Ivangorod is in the Russian Border Security Zone (see here). Did this "foreigner of unspecified citizenship" not know about that little extra hurdle? :)

One more thing ... the FIFA commems might have been interesting objects for collectors. But those 10 kopek coins are plain regular circulation pieces, I think. One of them weighs a little less than 2 grams, so that would be roughly 3,800 coins. What would our foreigner do with those?

Christian

Offline Pabitra

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Re: Russia: Coins Commemorating FIFA World Cup 2018 Issued
« Reply #7 on: January 14, 2018, 03:55:29 AM »

 But those 10 kopek coins are plain regular circulation pieces, I think. One of them weighs a little less than 2 grams, so that would be roughly 3,800 coins. What would our foreigner do with those?


The present design of 10 Kopeck was started in 1997 with a change from Brass to Brass plated Steel in 2006. 10 Kopeck is hardly used in day to day usage and minting for circulation stopped in 2015.

Older pieces are available and their melt value is higher than face value. They are still legal tender and melting them is an offence. Do I need to explain further? ;)

Offline chrisild

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Re: Russia: Coins Commemorating FIFA World Cup 2018 Issued
« Reply #8 on: January 14, 2018, 03:11:25 PM »
OIC. :)  Yes, trying to smuggle "some" of these does make some sense then ...

Christian