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coining it

New €2 coin commemorates 10 years of the euro

Winning design comes from the Austrian Mint – Ireland will issue three million of the coins.

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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