Greece 2 Euro Athens 2004 Olympic Coin Appraisal
Category: Coin
Description
2 Euro coin minted in 2004 for the Athens Olympics. The obverse features a discus thrower, the Olympic rings, the text "ATHENS 2004", and the denomination "2 EYPΩ". The outer ring contains 12 stars representing the European Union. The condition appears circulated with some wear and discoloration.
Appraisal Report
As the appraiser, I have visually examined the provided image of the 2004 Greek 2 Euro coin commemorating the Athens Olympics. The obverse clearly displays the intended design elements: the discus thrower, Olympic rings, "ATHENS 2004", and "2 EYPΩ". The 12 stars are present on the outer ring. Based on the image, the coin appears to be an authentic representation of this issue. However, visual examination via an image alone is insufficient for definitive authentication. Factors like weight, diameter, edge reeding, and metallic composition cannot be verified from a photograph. In-person examination using precise measuring tools, a professional scale, and magnification would be necessary to confirm the coin's physical specifications match known authentic examples. Authentication could be further enhanced by provenance documentation detailing the coin's origin and history. Scientific testing, such as XRF analysis, could definitively confirm the metallic composition. The condition of this coin is clearly circulated. Based on the wear and discoloration evident in the image, it would likely grade in the Very Fine to Extremely Fine range according to standard numismatic grading scales. Circulating coins lose their original mint luster and show wear on the high points of the design. This is typical for coins that have been in everyday use. The market for modern commemorative 2 Euro coins is robust among collectors, particularly those interested in specific themes like the Olympics or European issues. The 2004 Athens Olympic coin is a popular and widely collected issue. However, it was minted in large quantities, estimated to be around 35 million pieces. This relatively high mintage means the coin is not rare in circulating condition. Demand exists, but it is easily met by the available supply. Considering the circulated condition and the high mintage, the value of this coin is primarily its face value plus a small premium for its collectibility. The premium for circulated examples of this specific issue is generally quite low. Key factors impacting value for modern coins are condition (uncirculated coins are significantly more valuable) and rarity (low mintage or error coins command higher prices). Neither of these factors significantly enhances the value of this particular coin based on its apparent condition. Based on my examination of the image and knowledge of the current market for this type of coin in circulated condition, its numismatic value is slightly above its face value.
Appraisal Value
$2.50 - $4.00