Rio 2016 Olympic and Paralympic Games to spark next wave of pin fever
About 800 models are expected to be sold, swapped and gifted at first edition of Games in South America
About 800 models are expected to be sold, swapped and gifted at first edition of Games in South America
The rarest Olympic pins can be worth more than US$ 2,000 (Alex Ferro/Rio 2016)
They are small pieces of metal with intricate, colourful designs on them, and every four years they spark a fever among Olympic athletes, fans, workers and collectors. They are the pins produced for each edition of the Games, and Rio 2016 is ready to make its contribution to the tradition.
It is expected that about 800 types of pins will be developed in relation to the first edition of the Olympic and Paralympic Games to be staged in South America, resulting in around three million units. Many of them are already on sale in the official Rio 2016 shops, while many more will be traded around the city during the Games.
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Pins arose as a way to identify athletes and are now part of Games culture, not to mention official licensing programmes. Tens of millions of them are sold at each edition, while the tradition of swapping and gifting pins creates personal connections between people of different origins, in line with the Olympic and Paralympic values.
Luiz Carlos and Cida Correa, from the mountain town of Nova Friburgo in Rio de Janeiro state, started to collect pins in 2004 and now have one of the largest collections in Brazil, totalling more than 13,000. The couple have a website which they use to swap pins with hundreds of collectors from across the world. “We obtained about 95 per cent of our pins through swaps or purchases involving collectors in Europe,” said Carlos. “Here in Brazil, sometimes you find something at antique fairs, second-hand shops and trinket stores.”
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The collectors’ market in Brazil is still small, but the Rio 2016 Games will help to boost it. “You can pay between R$ 3 (US$ 0.79) and R$50 (US$ 13) for a pin,” said Carlos. “There are silver, gold-plated and limited-edition models. Given the prices quoted on sales websites, our collection is now worth around R$ 50,000. (US$ 13,000)”

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