What will happen to the Expo 2020 coins?
Expo 2020 is an international Expo exhibition, which was scheduled to be hosted in the Emirate of Dubai in the United Arab Emirates during the period from October 20, 2020 to April 10, 2021. However, due to the spread of the novel coronavirus pandemic and based on the guidelines of the World Health Organization (WHO) to cancel any conferences or celebrations for fear of increasing the spread of the virus, the exhibition was postponed to the period from October 1, 2021 to March 31, 2022.
The Emirate of Dubai in the United Arab Emirates began preparing to host this event on November 27, 2013. Dubai was declared the winner of the right to host Expo 2020 after Dubai outperformed Sao Paulo, Brazil, Yekaterinburg, Russia, and Izmir, Turkey in the vote, having received the support of 116 of the 164 voting members of the Bureau in a final runoff against Yekaterinburg.
To document this global event, the Central Bank of the UAE issued a limited number of Commemorative coins marking Expo 2020 Dubai This was in July 2020, but since this event was postponed, the current coins will no longer have any significance regarding the date on which they were issued, especially after the postponement.
Although it was expected that a large number of the issue would be sold among enthusiasts and those interested, on the contrary, those coins accumulated in the Royal New Zealand Mint, which is the mint responsible for manufacturing those coins. It also resorted to providing discounts for some pieces and offers to facilitate the sale of the remaining quantities for the occasion that did not happen. We mention to you in detail the pieces that were minted specifically for that occasion.
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50 silver dirhams:
A 40-gram, 40mm diameter, 999-grade pure silver coin, minted using proofing technology, with a limited edition of 2,020 pieces. The reverse of each coin features an engraved image of the official Expo 2020 Dubai logo, along with the name of the World Expo in both Arabic and English. The obverse confirms the coin's issuance by the Central Bank of the United Arab Emirates.
The official selling price of the item is US$180.
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gold coin
A piece of pure 999 gold, weighing 20 grams and measuring 28 mm in diameter, minted in a limited edition of 1000 pieces using proofing technology. Selling price: US$2400.
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silver medal:
A 40g, 40mm diameter, 999 fine silver coin of unknown mintage. The obverse features a richly colored, engraved image of the Expo 2020 Dubai mascots, while the Expo 2020 name and logo are engraved on the reverse.
The official selling price of the item is US$105.
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Silver foil (amulets):
A commemorative silver foil weighing 5 grams and made of 999 pure silver. The front of the foil features a richly colored and engraved image of the Expo 2020 Dubai mascots, while the name and logo of Expo 2020 are engraved on the back.
It was minted with the following dimensions: 150mm x 70mm. The official retail price of the piece is $49.95 USD, but it is currently discounted and sold for $44.95 USD through [the platform/store name]. New Zealand Mint website.
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Silver foil (Al Wasl Square):
A commemorative silver foil weighing 5 grams and made of 999 fine silver, the front of the collectible features a stunning, colorful, and engraved image of Al Wasl Plaza (Al Wasl Plaza), while the logo and name of the International Expo are engraved on the face.
It was minted with the following dimensions: 150mm x 70mm. The official retail price of the piece is US$62.00, but it is currently discounted and sold for US$55.80 through [the platform/store name]. New Zealand Mint website.
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Gold foil (Al Wasl Square):
A commemorative 1g gold foil, made of 999 fine silver, the front of the collectible features a stunning, colorful, and engraved image of Al Wasl Plaza (Al Wasl Plaza), while the logo and name of the International Expo are engraved on the face.
It was minted with the following dimensions: 140mm by 70mm. The official selling price of the piece is US$199.
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Silver medals:
Two 999 sterling silver coins, each weighing 40 grams and measuring 40 mm in diameter, were minted using proofing technology, and there is no maximum minting limit. The Expo 2020 name and logo are engraved on the reverse.
Both sides are identical. The front of the set features an engraved image of the official Expo 2020 Dubai logo, written once in Arabic and once in English. The official retail price is US$130.
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Gold medals:
Two pieces of 999 pure gold, weighing 7 grams and measuring 40 mm in diameter, were minted using proofing technology, and there is no maximum minting limit. The Expo 2020 name and logo are engraved on the reverse.
Both sides are identical. The front of the set features an engraved image of the official Expo 2020 Dubai logo, written once in Arabic and once in English. The official retail price is US$730.
What will become of those coins? Will the UAE Central Bank end up minting new coins bearing a new date for the event, or will these coins remain as they are, reminding us in the future of the event that did not happen in the same year it was scheduled for, and stirring in our minds the painful memory of the global pandemic that brought the world to a standstill?
This is what the coming days will reveal to us about Expo 2020, which is scheduled to take place at the end of this year.
