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Central Bank issues 2012 coin programme

The Central Bank of Malta has published its 2012 Coin Programme listing the new coins to be issued this year.

Coins which have already been issued are also referred to in the programme. Details are as follows:

* A €2 commemorative coin celebrating "Ten years of the euro" to be issued in rolls of 25 coins each, on sale from March;

* A gold and silver numismatic coin issued under the Europa Programme 2012 "European Artists" featuring the sculpture 'Les Gavroches' (Street Urchins) by Antonio Sciortino, on sale from March;

* A collector's medal featuring the Grand Master Jean Parisot de La Valette and St. John's Co-Cathedral. This medal is part of a presentation pack, which includes a DVD on renowned historical sites in Malta issued by the Malta Tourism Authority, on sale from May;

* A Euro Coin Set dated 2012 consisting of the eight Maltese euro circulation coins, a €2 commemorative coin, which is the second in a series of five coins featuring milestones from Malta's constitutional history (see below) and a replica coin of the Roman period, on sale from June;

* A €2 commemorative coin relating to Malta's constitutional history bearing the inscription "Majority Representation – 1887" to be issued both in proof quality as well as in rolls of 25 coins each, on sale from September.

The 2012 MCDC programme, order forms and terms and conditions are available from the bank's web site.

www.centralbankmalta.org

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John Camillleri

Feb 3rd, 23:06

The design is common to all euro zone countries. It was chosen after an international competition to commemmorate the 10 years of euro coins and notes.

Bernard Pollacco

Feb 3rd, 17:25

its a hobby -.-

Darby Allen

Feb 4th, 13:52

Scrapping the 5¢ coin is a step too far, but I agree with you that the 1¢ and 2¢ coins should be dispensed with; Australia and New Zealand scrapped theirs many years ago, and the system works well. There is nothing to fear from it!

If an item costs 98 or 99¢ you would pay €1 for it. If it costs 96 or 97¢ you would pay 95¢.

Items would not be rounded up or down individually, but as a total; so if you buy five items at 99¢ the charge to you will be €4·95.

Similarly, if the goods in your shopping basket come to €10·02 you would pay a total of $10; if €10·03, you'd pay €10·05.

Not having to deal with 1¢ and 2¢ coins would be a great convenience; and think of the cost saved if they did not have to be minted in the first place!

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