Coining it in at Sochi

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The Sochi 2014 Organising Committee, the Central Bank of the Russian Federation, V/O Goznak and Sberbank of Russia have announced the start of the Sochi 2014 Coins Programme.

It will be one of the largest–scale coins programmes in the history of the Olympic movement: between 2011 and 2013, 46 kinds of commemorative and savings coins made from gold, silver and non–ferrous metals will be issued. In total 36. 7m coins will be created. Moreover, for the first time in Games history a coin with a value of 25 rubles will be issued for mass circulation. Also for the first time in Russia the reverse side of the coins will be decorated not by the two–headed eagle, but by the National emblem of the Russian Federation. The ceremony of the Sochi 2014 Coins Programme launch was attended by the first deputy chairman of the Central Bank of Russia Georgiy Luntovskiy, deputy chairman of Sberbank of Russia Stanislav Kuznetsov, general director of V/O Goznak Arkadiy Trachuk and Sochi 2014 president and CEO Dmitry Chernyshenko. The ceremony was also attended by famous Russian Olympians representing the different kinds of sports depicted on the Sochi 2014 coins. Two–times world champion Irina Slutskaya represented figure skating and two–times Olympic champion Svetlana Ishmuratova represented biathlon. The themes and design of the Sochi 2014 coins reflect not only the Olympic events but also national peculiarities of Russia and the specifics of the Sochi 2014 Games region – particularly the unique city of Sochi itself. Nine savings coins of original rectangular form showing the Sochi 2014 mascots will also be issued. The coins design was developed by V/O Goznak of Russian in collaboration with the Sochi 2014 Organising Committee.

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