Introduction

The Brazil 1 Real (Olympic Games Rio 2016 - Basketball) coin represents a significant piece of numismatic history, celebrating the 2016 Olympic Games held in Rio de Janeiro. This coin is not just a monetary instrument but a commemorative token, capturing the spirit of the games and Brazil's vibrant culture. As part of a series of coins issued to honor various sports featured in the Olympics, the basketball-themed 1 Real stands out for its unique design and limited issuance, making it a prized possession for collectors worldwide.

Historical Background

Issued in 2015 by the Brazilian Mint under the authority of Brazil, this coin was part of a broader initiative to celebrate the first Olympic Games ever held in South America. The Rio 2016 Olympics were a monumental event for Brazil and the world, symbolizing unity, athletic prowess, and cultural diversity. This coin series was crafted to immortalize the various sports in the games, with basketball being one of the most globally recognized and celebrated sports. The 1 Real Basketball coin serves as a tangible reminder of Brazil's role in hosting this global event and its contributions to the international sporting community.

Coin Images

Obverse

Reverse

Design Features

The obverse design of the coin is a captivating depiction of a hand sinking a basketball into a hoop, symbolizing the precision and skill required in the sport. To the left, the word "BRASIL" is emblazoned, anchoring the coin's national pride, while the Rio Games logo on the right connects the coin to the historic Olympic event. On the reverse side, the coin features a stylized representation of the Brazilian coat of arms, with the numeral "1" prominently showcased. This design not only indicates the coin's denomination but also incorporates elements of national identity, tying Brazil's rich heritage to the global stage of the Olympics.

Technical Specifications

The Brazil 1 Real Olympic Games Rio 2016 Basketball coin boasts a bimetallic composition, with a stainless steel center encased in a bronze-plated steel ring. This construction provides both durability and a distinctive appearance. The coin weighs 7.00 grams and has a diameter of 27.00 millimeters, making it a standard size for ease of handling while retaining a robust feel that befits its commemorative nature.

Collectible Value

From a numismatic perspective, the 1 Real Basketball coin holds significant value. Its limited issuance and connection to the 2016 Olympics enhance its desirability among collectors. While its face value is modest, the coin's market value is influenced by its rarity, historical significance, and demand among enthusiasts of Olympic memorabilia. Coins from this series, particularly those in mint condition, can fetch a premium in numismatic circles, making them a worthwhile investment for collectors seeking to diversify their portfolio with sports-themed coins.

Conclusion

The Brazil 1 Real (Olympic Games Rio 2016 - Basketball) coin is more than just currency; it is a piece of history encapsulating the fervor and unity of the Olympic Games in Rio. Its intricate design, historical relevance, and limited release make it a standout piece for collectors and sports enthusiasts alike. This coin not only celebrates basketball as a sport but also marks Brazil's pivotal role in hosting an event that brought the world together. As such, it remains a valuable and cherished item within the numismatic community, symbolizing a moment when sports transcended borders to inspire a global audience.