THE CENTRAL BANK has issued a commemorative €2 coin today to celebrate 10 years of the euro.
The currency – which has been performing weakly against the dollar and the yen in the past week – was first used on 1 January 2002. While eurozone countries are struggling to aid its performance this month, up to three million of these commemorative coins will be issued from Ireland:
(Image via Central Bank of Ireland)
Other eurozone countries will also issue similar commemorative coins and the design was created by Helmust Andexlinger from the Austrian Mint. A total of 90 million of them will be put into circulation by the eurozone countries.
The Central Bank of Ireland’s press office said:
The design elements surrounding the euro symbol on the coin depict people, the financial world, trading, industry, the energy sector, and research and development.Apparently, the winning design was chosen by residents of the eurozone “using internet voting”. Did you vote for this design? Or know about the competition? We’d be interested in hearing from you in the comments section. According to this competition website, “close to 35,000″ people voted on five designs.
Read – Imperfect 10: The euro was introduced a decade ago today>
Read – New (legal) Star Wars currency – and 5 other unusual coins>
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50 days ago #
Ah look at it now isn’t it just lovely ….
50 days ago #
In before: “what a waste, should be minting punts, yuk-yuk-yuk… wait, my imported iPhone costs HOW much now?”
50 days ago #
they will need to print lot of these to buy all that worthless debt .
50 days ago #
A triumph of optimism over experience.
http://www.creditwritedowns.com/2009/04/the-age-of-the-fiat-currency-a-38-year-experiment.html50 days ago #
It’s ridiculous. With the cost of metal etc, how much will it cost to mint these 3 million coins to commemorate a currency which is nearly collapsing. It would be better to put this cost towards something that the irish people might benefit from.
50 days ago #
Agreed
What a flipping waste when the country. Is broke50 days ago #
Yeah what an awful waste, while we’re at it how about the Olympics.
Awful waste of money, also spending money on basically anything….awful waste.Some people are never happy
50 days ago #
Coins are minted for circulation every year, you know businesses do need change! There’s always at least 3 million 2 Euro coins minted every year, they’ll just issue these instead of the normal harp version. It doesn’t cost any extra.
50 days ago #
Commiserate
50 days ago #
Never heard of vote. What was the point of the stick man coin a couple of years ago if this is 10 years? http://www.coinnews.net/2008/02/26/winning-design-for-new-euro-coin-announced-3948/
2009 was the 10th anniversary of the EMU, 2012 is the 10th anniversary of the Euro coins coming into circulation.
50 days ago #
I remember the 1st day of the € and remember thinking,you useless piece of crap as prices and services zoomed into orbit,it was a free for all uncontrolled price frenzy for which we are still paying today,
50 days ago #
That wasn’t the euros fault. More like Charlie mc creevys inflationary budgets
McCreepy didn’t help but pop over to Germany and ask them,everything was rounded up.they christened it the teuro (unsure on spelling) German for expensive,less blatant when we switched to decimal due to ignorance on exchange rates.
50 days ago #
Is it worth anything, or just a collectable?
50 days ago #
I’m sure that it will be worth something in the future John, although probably less than, say, a Dublin millennium 50p piece because it will be released on such a widespread basis across the EU. For now though, it’s not a collectable in that you don’t have to pay more than face value to get it into your hand.
50 days ago #
It’s probably worth €2, just a guess.
50 days ago #
Therell be a coin with a burning euro symbol on the back for the 11th anniversary and then the year after well just remove the harp and put the german flag in it!
50 days ago #
That’s just peachy
50 days ago #
Would have been better if they produced chocolate money. We would get some satisfaction at least. The whole euro thing is like a magical fantasy story anyway. Ummpa-Ummpa….
50 days ago #
I remember the first day of the euro.. We went to a service station on the way home and I paid in punts and got euro change..
I’ll admit, I was a little inebriated, but I stood at the window looking blankly at the shop assistant..
I was convinced they had given me chocolate money instead of the real thing, it just felt and looked so fake!50 days ago #
Comments prove there is no chance of stupidity being replaced any time soon.
50 days ago #
That is very inappropriate considering the catastrophic disaster this currency has turned out to be.
Too much sky news Rachel give it up, there s a good girl. The euro is fine it’s the the banks and the lack of regulation that were the problem. In simple terms if the Brits want to retain their pre dominant position in financial services talking down the euro helps them a lot. It’s nothing more than that
50 days ago #
No picture of merkel or sarkozy on the back of these things. What happened ??
50 days ago #
The houses look like they are on fire. Quiet apt.
50 days ago #
This is totally inappropriate. That’s all I can say on the matter.
50 days ago #
I am so tempted to ditch this website as a news source given the amount of typical Irish moaners and begrudgers who comment under nearly every single post.
50 days ago #
go play with your xbox then and leave us rightful moaners alone.
50 days ago #
All news is pretty much bad news. That’s the way it is. Maybe we need a good news section where news stories brighten up our day and promote sustained positive action and support rather than negativity and criticism.
Hi Lynton – have a look at our Daily Edge section. While some of those stories pop up in TheJournal.ie news stream, there are some that don’t – and it is generally a place for our light-hearted tales! Hope you enjoy. http://thedailyedge.thejournal.ie/
50 days ago #
Do we actually want or need this,what a waste of money,you can bet 2 euro it will cost a hell of alot more than face value.
POINTLESS!!!!50 days ago #
A bit like putting on your best suit, before meeting your maker..
50 days ago #
10 years was a long time for the euro. Now thats out of the way they can stat the rollout of the Punt.
50 days ago #
Should have put a big R.I.P in the middle
50 days ago #
At least they seem to have got the expiry date right on it!
49 days ago #
lol, nice one!
49 days ago #
how nice i will only need another 50 coins and will be able to pay the property tax
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