Greek 2 Euro Commemorative Coin Athens 2004 Olympics - Discus Thrower Appraisal

Category: Numismatic

Greek 2 Euro Commemorative Coin Athens 2004 Olympics - Discus Thrower

Description

This is a commemorative 2 Euro coin issued by Greece in 2004 to celebrate the Athens Olympic Games. The coin is bi-metallic, with a silver-colored outer ring and a gold-colored inner circle. The obverse features a depiction of a stylized ancient Greek discobolus (discus thrower) in action. To the left of the figure are the Olympic rings and the text "ATHENS 2004". To the right, the numeral "2" and the word " EURO" (in Greek script) are visible. The outer ring displays the twelve stars of the European Union. The lower portion of the inner circle shows the year "2004". The coin exhibits some signs of circulation, including surface wear and slight discoloration, particularly on the gold-colored inner portion. There are no apparent significant scratches or dents. The detail of the discobolus and the text remains clear despite the wear. There are no discernible mint marks or artist signatures from the provided image. Commemorative coins typically have enhanced craftsmanship compared to standard circulation currency, focusing on the artistic merit of the design.

Appraisal Report

Based on my visual examination of the provided image, this is a Greek 2 Euro commemorative coin issued for the 2004 Athens Olympics, featuring a depiction of a Discobolus. The coin appears to be authentic for its type, displaying the correct design elements including the Olympic rings, the text 'ATHENS 2004', the denomination '2 ΕΥΡΩ', the year '2004', and the twelve stars of the European Union. Its condition can be described as circulated. I note visible signs of surface wear and minor discoloration on the inner brass core, which is typical for a coin that has been handled and used as currency. However, the primary design, including the discus thrower and the inscriptions, remains clear and well-defined, with no major scratches, dents, or other significant post-mint damage apparent. The market for this specific coin is quite active but valuation is heavily dependent on condition. While millions were minted (approximately 35 million), making it relatively common in circulated grades, uncirculated examples in pristine condition are more sought after by collectors. This coin, being in a circulated state, falls into the lower end of the value spectrum. Comparable circulated examples routinely sell online and at coin fairs for a price slightly above their face value. The primary factor limiting its value is its high mintage and circulated condition. Demand is steady due to the popular Olympic theme, but the large supply keeps prices modest. It is crucial to note the limitations of this appraisal. As I am working from an image, I cannot definitively verify its authenticity, weight, or metallic composition. A full, conclusive authentication would require an in-person physical inspection to weigh the coin (standard is 8.5g), measure its diameter (25.75mm), and perform metallurgical analysis if necessary to rule out counterfeits, which are known to exist for popular euro coins.

Appraisal Value

$3 - $5