567) PyeongChang-2018 or PyeongChang Winter Olympics 2018 or XXIII Olympic Winter Games, being held in South Korea from 09-25 February 2018: PyeongChang-2018 Winter Games Paralympics from 09-18 March 2018:
A 2,000 Won commemorative Banknote being issued by the Bank of Korea to celebrate the Games, scheduled for release on 17.11.2017:
A 2,000 Won commemorative Banknote being issued by the Bank of Korea to celebrate the Games, scheduled for release on 17.11.2017:
The Bank of Korea has officially announced on 28.08.2017 that it will be issuing a new commemorative 2,000 Won Banknote to celebrate the PyeongChang Winter Olympics to be held from 09 - 25 February 2018.
The Front and Back of the 2,000 Won images against the backdrop of actual athletes on ice skates performing a similar action on ice
This is the first time that the Bank of Korea will be issuing a Commemorative Banknote, although coins and stamps have been issued by the Bank of Korea and the Korean Post in the past to commemorate special events.
This is also the first time that this specific denomination has ever been issued in South Korea, as Korean currency is usually issued in values of 1 and 5 ratios or their higher equivalents.
On the Front of the 2,000 Won Banknote will be depicted eight sports - speed skating, ice-hockey, curling, biathlon, ski jumping, luge and bob sleigh. The logo of the Olympic Games is positioned just below the serial number to the upper left portion.
On the Back of the 2,000 Won Banknote will be depicted a painting titled "Tiger under a Pine Tree" by Kim Hong-do, who was a renowned artist from the era of the Joseon Dynasty (1392-1910), who were the last Imperial Rulers of Korea. The tiger also in reference to the mascot of the PyeongChang Winter Games 2018, who is a white tiger named "Soohorang".
The Banknote will measure 140 mm x 75 mm .
The commemorative Banknote is expected to retail for more than its face value, however, the Bank of Korea has yet to release its pricing yet.
The Bank will print some 2.3 million Banknotes, which will include Collector combinations of 920,000 single Banknotes, 210,000 two-Banknote sheets and 40,000 24 Banknote sheets.
The commemorative Banknotes are scheduled to be released on 17.11.2017.
The PyeongChang Olympic Committee will buy these Banknotes in bulk and re-sell them to domestic and overseas buyers.
About the 2018 PyeongChang Winter Olympics or the "XXIII Olympic Winter Games":
The 2018 Winter Olympics, officially known as the "XXIII Winter Games" or "PyeongChang 2018" are scheduled to take place from 9th to 25th February 2017.
There will be 90 nations participating in seven sports that will cover 102 events in all. This is the second time, the Republic of Korea will be hosting an Olympic event, the first time being in 1988, when the Games of the XXIV Olympiad were hosted in the country's capital Seoul.
The official mascots for the Games:
Soohorang:
Soohorang - the white tiger mascot of PyeongChang 2018
The white tiger, now the trustworthy mascot for the Olympic Winter Games 2018, has long been considered to be Korea's guardian animal.
"Sooho" meaning "protection" in Korean symbolises protection offered to the athletes and spectators and other participants in the 2018 Games.
"Rang" comes from the middle letter of "Ho-rang-I", the word for "Tiger" and is also the last letter of "Jeong-seon-A-ri-rang", a cherished traditional folk song of Gangwon Province where the Games will bbe held.
Characteristics of the Olympic Mascot:
"Soohorang", the mascot of the PyeonChang 2018 Winter Olympics took its motif from the white tiger. "Soohorang" not only has a challenging spirit and passion, but also is a trust-worthy friend who protects the athletes, spectators and all participants in the Olympic Games.
Bandabi:
Bandabi - The Asiatic Bear Mascot of PyeongChang 2018
The Asiatic black-bear or "ban-dal-ga-seum-gom" (the bear with a half moon mark on the chest), symbolises will-power and courage in the Korean folklore. This bear now has been selected as a friendly mascot for the Paralympic Games in 2018.
"Banda" is derived from "ban-dal" the Korean word for the half-moon.
"Bi" stands for celebration of the Games.
Characteristics of the Paralympic Mascot:
The Banknote will measure 140 mm x 75 mm .
The commemorative Banknote is expected to retail for more than its face value, however, the Bank of Korea has yet to release its pricing yet.
The Bank will print some 2.3 million Banknotes, which will include Collector combinations of 920,000 single Banknotes, 210,000 two-Banknote sheets and 40,000 24 Banknote sheets.
The commemorative Banknotes are scheduled to be released on 17.11.2017.
The PyeongChang Olympic Committee will buy these Banknotes in bulk and re-sell them to domestic and overseas buyers.
About the 2018 PyeongChang Winter Olympics or the "XXIII Olympic Winter Games":
The 2018 Winter Olympics, officially known as the "XXIII Winter Games" or "PyeongChang 2018" are scheduled to take place from 9th to 25th February 2017.
There will be 90 nations participating in seven sports that will cover 102 events in all. This is the second time, the Republic of Korea will be hosting an Olympic event, the first time being in 1988, when the Games of the XXIV Olympiad were hosted in the country's capital Seoul.
The official mascots for the Games:
Soohorang:
The white tiger, now the trustworthy mascot for the Olympic Winter Games 2018, has long been considered to be Korea's guardian animal.
"Sooho" meaning "protection" in Korean symbolises protection offered to the athletes and spectators and other participants in the 2018 Games.
"Rang" comes from the middle letter of "Ho-rang-I", the word for "Tiger" and is also the last letter of "Jeong-seon-A-ri-rang", a cherished traditional folk song of Gangwon Province where the Games will bbe held.
Characteristics of the Olympic Mascot:
"Soohorang", the mascot of the PyeonChang 2018 Winter Olympics took its motif from the white tiger. "Soohorang" not only has a challenging spirit and passion, but also is a trust-worthy friend who protects the athletes, spectators and all participants in the Olympic Games.
Bandabi:
The Asiatic black-bear or "ban-dal-ga-seum-gom" (the bear with a half moon mark on the chest), symbolises will-power and courage in the Korean folklore. This bear now has been selected as a friendly mascot for the Paralympic Games in 2018.
"Banda" is derived from "ban-dal" the Korean word for the half-moon.
"Bi" stands for celebration of the Games.
Characteristics of the Paralympic Mascot:
Bandabi, the mascot of the PyeongChang 2018 Paralympic Winter Games took its motif from the Asiatic black bear. Bandabi has string will-power and courage. It is a warm-hearted friend who takes the lead for equality and harmony and encourages athletes to push themselves beyond their limits.
The "Vision" of the PyeongChang Winter Olympics 2018:
"New Horizons" - which is aimed at creating a sustainable legacy for Gangwondo Province, where the Winter Olympic Games 2018 will be held and the Republic of South Korea.
The slogan of the PyeongChang Winter Olympics 2018:
"Passion: Connected"
Passion: The Olympic Spirit and the warm hearts of Korean people
Connected: New beginning of PyeongChang and harmony with the world.
PyeongChang 2018 will also focus on - Cultural Olympics, Environmental Olympics, Olympics for Peace and an Economic Olympic Games.
The Venues: 1) PyeongChang Mountain Cluster, 2)Jeongseon, 3) Gangneung Coastal Cluster - (3 cities and 12 venues).
The largest number of gold medals in the Olympic Winter Games history will be contested for :
15 disciplines (102 Gold medals) -
Snow Sports 7 disciplines (61 Gold medals) - Alpine-Skiing, Biathlon, Cross-country Skiing, Freestyle Skiing, Nordic Combined, Ski Jumping, Snowboard.
Ice Sports 5 disciplines (32 Gold medals) - Curling, Figure skating, Ice Hockey, Short Track Speed Skating, Speed Skating.
Sliding Sports 3 disciplines (9 Gold medals) - Bobsleigh, Luge, Skeleton.
The 2018 PyeongChang Paralympic Winter Games will have:
6 disciplines (80 Gold Medals):
Snow Sports 4 disciplines (78 Gold medals) - Alpine Skiing, Biathlon, Cross-country Skiing, Snowboard.
Ice Sports 2 disciplines (2 Gold medals) - Ice Hockey, Wheelchair Curling.
Between North & South Korea - an initiative is being considered to label 2018 PyeongChang as a "Peace Olympics", despite the continuous rising tensions between the two neighbours & the USA on account of the missile testing programme of North Korea.
Interestingly, North Korean athletes will be allowed to travel through the demilitarised no-go zone into South Korea as a symbolic peace gesture before the commencement of the 2018 Winter Olympics.
An image of the demilitarised zone between North & South Korea, which is one of the most heavily guarded areas in the world. The 4 km wide zone has a huge number of armed troops stationed on both sides and no movement of persons is allowed between the two nations.
A concept is afoot that both North & South Korea could enter one women's ice hockey team, so as to make PyeongChang 2018 a "Peace Olympics" between the two nations.
Also proposed is a collaboration between North and South Korea at the 2018 Winter Olympics.
Links to Korean Coinage & Currency posts on this blog:
1) Coinage & Currency of South Korea: (Part I): Historical Development of Coinage in South Korea
2) Coinage & Currency of South Korea: (Part II): Historical Development of Banknotes
3) PyeongChang 2018 or PyeongChang Winter Olympics to be held in South Korea from 09-25 Fen 2018 and Paralympics from 09-18 March 2018. A 2,000 Won Banknote issued by Bank of Korea on 17.11.2017
4) Jirisan and Bukhansan National Parks, South Korea: Bank of Korea commenced the National Park series with the issue of two silver 30,000 Won coins in 2017:
1) For more on the Olympics and Paralympics held in the past, including the origins and history of the Olympics and Commemorative coins issued both on London Olympics and Paralympics please read my post on the London Olympics 2012 link as follows: History of the ancient & modern Olympics and Paralympics & commemorative coins issued during the London Olympics and Paralympics
4) For Rio 2016, please click on the following link to get interesting insights into the mascots of the Rio Olympics Vinicius and Tom, the Games and the Commemorative Coins and stamps issue programme: 1)The 31st Summer Olympics "Rio 2016"
2) Commemorative Stamps and booklets issued by the Department of Posts, India on 05.08.2016
5) For Ancient Olympic Games on Greek Coins of Antiquity, please click on the following link: Ancient Olympic Games on Greek Coins of Antiquity
6) For a set of Post cards titled "Olympic Events" : please click on the following link: "Olympic Events": A set of 12 Post Cards issued by the Karnataka Postal Circle, India Post on 11.07.2016
7) For a presentation set of two stamps titled "Spirit of Olympics, Athens, Atlanta" please visit the following link: Spirit of the Olympic Games, Athens-Atlanta: Celebrating the Centenary of the Modern Olympic Games
8) For a presentation set of four stamps titled "XXVIII Olympic Games" (2004 Summer Olympics Athens, Greece, please visit the following link: XVIII Summer Olympic Games, Athens Greece (2004)
9) For a presentation set of two stamps titled "XXIX Olympic Games" (2008 Summer Olympics, Beijing, China, please visit the following link: XXIX Olympic Games Beijing, China: 08.08.08- 24.08.08: A Presentation set of four stamps issued by India Post on 08.08.08
PyeongChang 2018 will also focus on - Cultural Olympics, Environmental Olympics, Olympics for Peace and an Economic Olympic Games.
The Venues: 1) PyeongChang Mountain Cluster, 2)Jeongseon, 3) Gangneung Coastal Cluster - (3 cities and 12 venues).
The largest number of gold medals in the Olympic Winter Games history will be contested for :
15 disciplines (102 Gold medals) -
Snow Sports 7 disciplines (61 Gold medals) - Alpine-Skiing, Biathlon, Cross-country Skiing, Freestyle Skiing, Nordic Combined, Ski Jumping, Snowboard.
Ice Sports 5 disciplines (32 Gold medals) - Curling, Figure skating, Ice Hockey, Short Track Speed Skating, Speed Skating.
Sliding Sports 3 disciplines (9 Gold medals) - Bobsleigh, Luge, Skeleton.
The 2018 PyeongChang Paralympic Winter Games will have:
6 disciplines (80 Gold Medals):
Snow Sports 4 disciplines (78 Gold medals) - Alpine Skiing, Biathlon, Cross-country Skiing, Snowboard.
Ice Sports 2 disciplines (2 Gold medals) - Ice Hockey, Wheelchair Curling.
Between North & South Korea - an initiative is being considered to label 2018 PyeongChang as a "Peace Olympics", despite the continuous rising tensions between the two neighbours & the USA on account of the missile testing programme of North Korea.
Interestingly, North Korean athletes will be allowed to travel through the demilitarised no-go zone into South Korea as a symbolic peace gesture before the commencement of the 2018 Winter Olympics.
A concept is afoot that both North & South Korea could enter one women's ice hockey team, so as to make PyeongChang 2018 a "Peace Olympics" between the two nations.
Also proposed is a collaboration between North and South Korea at the 2018 Winter Olympics.
Links to Korean Coinage & Currency posts on this blog:
1) Coinage & Currency of South Korea: (Part I): Historical Development of Coinage in South Korea
2) Coinage & Currency of South Korea: (Part II): Historical Development of Banknotes
3) PyeongChang 2018 or PyeongChang Winter Olympics to be held in South Korea from 09-25 Fen 2018 and Paralympics from 09-18 March 2018. A 2,000 Won Banknote issued by Bank of Korea on 17.11.2017
4) Jirisan and Bukhansan National Parks, South Korea: Bank of Korea commenced the National Park series with the issue of two silver 30,000 Won coins in 2017:
1) For more on the Olympics and Paralympics held in the past, including the origins and history of the Olympics and Commemorative coins issued both on London Olympics and Paralympics please read my post on the London Olympics 2012 link as follows: History of the ancient & modern Olympics and Paralympics & commemorative coins issued during the London Olympics and Paralympics
2) For the Moscow Summer Olympics held in 1980: please read the post on the following link: Commemorative Coins issued on the occasion of Moscow Summer Olympics 1980 by the Russian Mint
3) For the Winter Olympics held at Sochi, Russia and the Commemorative Banknote issued, please read the post on the following link:A 100 Rouble Banknote Commemorating the Sochi, Russia Winter Olympics 2014
4) For Rio 2016, please click on the following link to get interesting insights into the mascots of the Rio Olympics Vinicius and Tom, the Games and the Commemorative Coins and stamps issue programme: 1)The 31st Summer Olympics "Rio 2016"
2) Commemorative Stamps and booklets issued by the Department of Posts, India on 05.08.2016
5) For Ancient Olympic Games on Greek Coins of Antiquity, please click on the following link: Ancient Olympic Games on Greek Coins of Antiquity
6) For a set of Post cards titled "Olympic Events" : please click on the following link: "Olympic Events": A set of 12 Post Cards issued by the Karnataka Postal Circle, India Post on 11.07.2016
7) For a presentation set of two stamps titled "Spirit of Olympics, Athens, Atlanta" please visit the following link: Spirit of the Olympic Games, Athens-Atlanta: Celebrating the Centenary of the Modern Olympic Games
8) For a presentation set of four stamps titled "XXVIII Olympic Games" (2004 Summer Olympics Athens, Greece, please visit the following link: XVIII Summer Olympic Games, Athens Greece (2004)
9) For a presentation set of two stamps titled "XXIX Olympic Games" (2008 Summer Olympics, Beijing, China, please visit the following link: XXIX Olympic Games Beijing, China: 08.08.08- 24.08.08: A Presentation set of four stamps issued by India Post on 08.08.08
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