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Cryptocurrency News Articles

The National Bank of Georgia has introduced a silver collector coin dedicated to the ongoing European Youth Olympic Winter Festival in the country

Feb 10, 2025 at 07:07 am

The silver coins, minted in a limited edition of 5,000 at the Polish Mint, were issued by the Bank in collaboration with the Organising Committee of the European Youth Olympic Festival.

The National Bank of Georgia has introduced a silver collector coin dedicated to the ongoing European Youth Olympic Winter Festival in the country

Georgia’s central bank has issued a silver collector coin dedicated to the ongoing European Youth Olympic Winter Festival in the country, the National Bank of Georgia (NBG) said on Sunday.

The silver coins, minted in a limited edition of 5,000 at the Polish Mint, were issued by the Bank in collaboration with the Organising Committee of the European Youth Olympic Festival.

The obverse of the coin features a skier on a snowy mountain backdrop, with coloured details and the denomination ‘5 GEL’, while inscriptions of ‘the European Youth Olympic Winter Festival’ and ‘Bakuriani 2025’ are curved along the edge, separated by snowflakes.

The reverse of the coin showcases the festival logo in colours, set against a snowy mountain backdrop, along with the inscription of ‘Georgia’.

At the presentation event, the NBG Governor Natia Turnava highlighted the significance of the issuance of the coins, saying the Bank had “exclusive right to mint collector coins, a tradition upheld by leading central banks worldwide”.

“The European Youth Olympic Winter Festival is one of the most important sporting events, and I am delighted that Bakuriani is its host in 2025. This marks an important milestone in the history of Georgian winter sports. […] Through this initiative, the NBG contributes to strengthening Georgia’s image as a host of major international sporting events”, Turnava added.

The presentation was attended by Spyros Capralos, the President of the European Olympic Committee, Leri Khabelov, the President of the country’s National Olympic Committee, Mamuka Khabareli, the Chair of the Organising Committee of the Festival, as well as the father of Nodar Kumaritashvili, the athlete who tragically lost his life at the 2010 Olympic Games, and the son of a veteran ski jumper Koba Tsakadze.

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