€2 coin to mark EMU anniversary
The Central Bank will be issuing its first €2 commemorative coin on Monday.
The coin marks the 10th anniversary of the economic and monetary union (EMU).
Each euro area country will be issuing a similar coin bearing the same design but with the name of the country and "EMU 1999-2009" shown in the respective language.
The deliberately primitive design of the coin symbolises the euro as the latest step in the long history of trade up to the formation of economic and monetary union. It is the work of George Stamatopoulos, a sculptor from the minting department at the Bank of Greece.
The coin will be available for sale in rolls of 25 coins each at a price of €57.75 per roll, inclusive of VAT.
Purchases can be made from the counters of the Malta Coin Distribution Centre at the Central Bank, Castille Place, Valletta, as from Monday. A number of coins will also be issued in normal circulation on the same date.
For more information call 2550 6005 or send an e-mail to mcdc@centralbankmalta.org.
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Leszek Porowski
Jan 5th 2009, 12:41
I have also one question regarding that coins. Can somebody ask in bank if coins will still available for example at 9 january 2009? I am sure that to this date collectors will buy all issue.
Simply I agree with Cappitta. Issue is 700.000 - it is nothing in collectors market.
Lawrence Martinelli
Jan 2nd 2009, 19:24
Great Coin ! Great Design ! Great Currency ! ( The Euro of course).
Malta has not yet "modernized " itself......keeps useing the " Old Derilict Anglo-Saxon
System "......it's NOW " comas " for decimals and " Dots " for thousands.
DO NOT make Mr. Hauptmann at the Frankfurt E.C.C. decide to smack your fingers
with the ruler......Follow the Leader !
G. Cappitta
Jan 2nd 2009, 15:11
Try to appreciate the fact that these are commemorative coins. I stand to be corrected but I think that it could be the case that by time these coins will be sought after by collectors for their rarity (not for their face value). It's good to know that only 700,000 of these coins will be produced whereas there are 10,000,000 €2 'normal' (with the Maltese cross) coins circulating.
A Camilleri
Jan 2nd 2009, 13:46
Does this mean that the new €2 coin will be worth €2.31 when tendering it to make purchases?
Or is it that the Central Bank is simply trying to make out a profit out of normal legal tender money?
I wonder whether other EU Central Banks are offering the new coin at a profit.
lgalea
Jan 2nd 2009, 12:26
How convenient.
They are now even taxing us VAT on money!
Thank you but NO.
You can keep them.