OLYMPiC LiCENsiNG, NuMisMATiC AND PhiLATELiC hisTORY
Athens 1896
A Greek philatelist proposes the issue of commemorative Olympic stamps.
Olympic philatelic revenue helps to finance the building of Olympic venues including the rifle range
in Kallathea and the cycle track in New Phaliron.
A series of 12 stamps is issued on the inaugural day of the first modern Games.
Stockholm 1912
Approximately 10 Swedish companies purchase sole rights to take photographs and sell memorabilia
of the Games.
Amsterdam 1928
The OCOG covers 1.5% of expenditures with philatelic programme revenue.
Portugal issues stamps to finance its Olympic team’s participation in the Amsterdam Games.
The stamp is obligatory in Portugal for three days.
Lake Placid 1932
The OCOG solicits business organisations and retail stores to provide free merchandising and
advertising tie-ins.
Helsinki 1952
The first modern Olympic coin is struck. Finland begins what was soon to become a tradition
by issuing a 500 Markaa circulating coin.
Munich 1972
The first Olympic coin programme dedicated to raising revenues to oset the cost of the Olympic
Games is implemented. An extraordinary cooperation between the Ministry of Finance and the
Bundesbank in Germany gave birth to a combined circulating and numismatic coin programme
from which all revenues are directed to the OCOG. Over USD 300 million is raised from the market,
thereby allowing the government to avoid increased taxation to pay for the cost of the Games.
An advertising agency acts as the Olympic licensing agent for the first time.
Rights to use the oicial Olympic Games emblem are sold.
Several types of licensing and advertising agreements are available.
The image of the first oicial Olympic Games mascot, “Waldi”, is licensed.
1992
137 countries issue 1,230,000 stamp series bearing the Olympic rings.
In the period between 1992 and 1996, the IOC also became active in the field of Olympic numismatics.
Rather than commemorating the Olympic Games edition, however, the IOC launched a programme
designed to specifically celebrate the Centenary of the Olympic Movement in 1994.
In collaboration with the mints of Canada, Australia, France, Austria and Greece, five consecutive
series of three coins were created to pay tribute to the founding of the IOC, its ideals and the first
edition of the modern Olympic Games that took place in Athens in 1896.
Through this programme, a total of 93,879 gold and 526,750 silver coins were sold, representing a
sales value of USD 48.4 million, making it one of the most successful coin programmes of that period.
The IOC received a higher than normal royalty in recognition of its role as organiser and manager of
its first Olympic coin programme.
Lillehammer 1994
Broadcast and marketing programmes generate more than USD 500 million, breaking almost every
major Olympic Winter Games marketing record.
The licensing programme results in three times the forecast revenue and sets new standards of
organisation and quality for future OCOGs.
1994
Four albums of stamps commemorate the Olympic Movement centennial.
1996
More than 150 countries issue a total of 15 million Olympic stamps.
Nagano 1998
Three albums of Olympic stamps commemorate the Games.
Sydney 2000
A large and very successful coin programme was introduced with the cooperation
of the federal mint in Canberra and the state mint in Perth, Australia. This coin programme used
modern marketing strategies and oered the first coloured Olympic coin.
Merchandise is coded with the DNA of renowned Olympic athletes to ensure product authenticity.
Online retailing is available for the first time.
The concept of the Olympic Store is implemented for the first time, including
the Olympic Superstore in Sydney Olympic Park.
Athens 2004
The Bank of Greece and the Ministry of Finance understood the potential of using seigniorage as
a source of revenue for the Olympic Games. Greece successfully issues 24 million 500 Drachma
Olympic coins into circulation and followed this up with 50 million 2 Euro Olympic coins.
Olympic philatelic programme is launched in November 2000 in cooperation with Elta, the Hellenic
Post. A series of six non-royalty-bearing stamps were issued to commemorate the Athens 2004
Olympic Games, with new stamp designs released each year up to the commencement of the Games.
Torino 2006
Italy had a modest numismatic programme, but the experience of Greece was not lost on the Ministry
of Finance. Forty million 2 Euro circulating Olympic coins were issued by La Zecca, the mint of Italy.
The Torino 2006 philatelic programme included a series of seven stamps. One stamp was dedicated
to the Torino 2006 mascots, while the others celebrated the cities hosting Torino 2006 competitions.
At the commencement of the XX Olympic Winter Games, nine additional stamps were issued, with
eight depicting the Olympic winter sports and one dedicated to the Paralympics.
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Olympic Marketing Fact FileChapter 5
2024 Edition
Contents