To celebrate the Olympic Games in Rio de Janeiro in 2016, the Royal Australian Mint launched a series of limited edition Australian Olympic and Paralympic $2 coins.

The collection includes five Australian Olympic coins, each designed to showcase one of the Olympic Rings (with a distinctive striped circle around the centre, coloured as the respective Olympic ring), and one Australian Paralympic coin, Australia's first multi-coloured $2 coin.

Interestingly, the coins were released into circulation exclusively through the Woolworths chain of supermarkets, with customers receiving them in their change only (one colour every week; the red coins were released on 1 August 2016).

A limited number were also issued in special folders.

Crowned head of Queen Elizabeth II facing right (effigy known as the "Fourth portrait"). In tiny letters below head the artist's initials IRB (for Ian Rank-Broadley). Around, ELIZABETH II AUSTRALIA 2016.

At centre, the emblem of the Australian Olympic Committee comprising of a kangaroo and emu facing a Federation star which represents the states and territories of Australia. Below them, the five Olympic rings. Around, concentric circles painted in red stripes. Around, figures representing various sports. Around above, 2016 AUSTRALIAN OLYMPIC TEAM. Around below, the denomination TWO DOLLARS.