POSTED: September 24th 2016
NewsUpdate

Olympics: PyeongChang 2018 celebrates launch of commemorative coins

PyeongChang 2018 commemorative coin showcase © POCOG
PyeongChang 2018 commemorative coin showcase © POCOG

(L-R) Poongsan Hwadong Chairman & CEO, Ryu Jin; PyeongChang 2018 Honorary Ambassador, Kim Yuna; POCOG President Lee; Bank of Korea Deputy Governor, Kim Min-ho; and KOMSCO CEO, Kim Hwa-dong © POCOG
(L-R) Poongsan Hwadong Chairman & CEO, Ryu Jin; PyeongChang 2018 Honorary Ambassador, Kim Yuna; POCOG President Lee; Bank of Korea Deputy Governor, Kim Min-ho; and KOMSCO CEO, Kim Hwa-dong © POCOG

(L-R) POCOG President Lee and PyeongChang 2018 Honorary Ambassador, Kim Yuna © POCOG
(L-R) POCOG President Lee and PyeongChang 2018 Honorary Ambassador, Kim Yuna © POCOG

MARISSA FLANDERS (USA) / Sports Features Communications

(SFC) The PyeongChang Organizing Committee for the 2018 Olympic & Paralympic Winter Games (POCOG) held a special event to celebrate the launch the first set of the PyeongChang 2018 commemorative coins.

POCOG President, Lee Hee-beom; PyeongChang 2018 Honorary Ambassador and Olympic gold medalist, Kim Yuna; Poongsan Hwadong Chairman & CEO, Ryu Jin; Korea Minting, Security Printing & ID Card Operating Corp (KOMSCO) CEO, Kim Hwa-dong; and other dignitaries attended the event to celebrate the important milestone.

"PyeongChang will be the second city to host the Olympic Games in Korea after Seoul 1988. Therefore, we hope to boost excitement for the upcoming Olympic Winter Games with the commemorative coins and other events," expressed POCOG President Lee.

Two batches of the PyeongChang 2018 coins will be issued with 290,500 coins being in the first batch. That batch will be produced by November 18. Those throughout Korea, pre-orders can be made at ten financial institutions from September 26 to October 7. Those ten institutions include BNK Busan Bank, BNK Kyongnam Bank, DGB Daegu Back, Industrial Bank of Korea, KB Kookmin Bank, Korea Post Office, Nonghyup Bank, Shinhan Bank, Suhyup Bank, and Woori Bank. Also, orders can be made at the POCOG coin supplier, Poongsan Hwadong offices. The coins will be issued from December 5-9.

In January 2017, international sales will begin in the Americas, Asia, and Europe through six official sub-distributors.

These commemorative coins have been designed with images that represent the seven Olympic winter sports and PyeongChang 2018. They have received many positive reviews including one at the World Money Fair 2016 in Berlin, Germany that said, "the design is one of the best Olympic coins as it embodies the Korean culture, cutting-edge technology, and dynamic sports."

** MARISSA FLANDERS is a graduate of Saint Leo University with a Bachelor's Degree in Sport Business. She has over four years of writing experience and has a real passion for ice hockey following the Pittsburgh Penguins on her blog www.thepenshockeyshow.com.


Keywords · POCOG · PyeongChang 2018 · Olympics · Paralympics · Winter Olympics · Korea


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