The 5 cent euro coin (€0.05) has a value of one twentieth of a euro and is composed of copper-covered steel. The coin has been used since 2002 and was not redesigned in 2007 as was the case with the higher value coins. Value 0.05 euro Mass 3.92 g Diameter 21.25 mm Thickness 1.67 mm Edge Smooth Composition Copper-covered…
The 2 cent euro coin (€0.02) has a value of one-hundredth of a euro and is composed of copper-covered steel. The coins of every Euro country have a common reverse and each has a country-specific (national) obverse. The coin has been used since 2002 and was not redesigned in 2007 as was the case with…
The 1 cent euro coin (€0.01) has a value of one-hundredth of a euro and is composed of copper-covered steel. The coins of every Euro country have a common reverse and each has a country-specific (national) obverse. The coin has been used since 2002 and was not redesigned in 2007 as was the case with…
Rules regarding the issue of €2 commemorative coins Thus far, the Central Bank of Ireland has resisted the urge to ‘optionally’ issue commemorative €2 coins as per their statutory allowance. This is not true of many of our continental cousins in the Euro Zone who, it seems, have taken up their options with increasing zeal…
In 1971, Ireland decimalised its currency in parallel with the UK. We did this because we were tied to the UK Pound at that time and one of the more unusual mathematical aspects of decimalisation was that both countries set the conversion rate for the new penny at 2 or 3 old pennies. One new…
The florin (2s or 2/-) coin was a sub-division of the pre-decimal Irish pound, worth 1/10 of a pound. It was more commonly known as the two-shilling coin. The reverse design featuring a salmon was by English artist Percy Metcalfe. The obverse featured the Irish harp. From 1928 to 1937 the date was split either…
The shilling (often written as 1s or 1/-) coin was a sub-division of the pre-decimal Irish pound, and was worth 1/20th of a pound. The original issue of the coin from 1928 until 1942 contained 75% silver; thus this Irish coin had a higher content than the equivalent British coin. These earlier coins were noticeably different…
The 1961 ‘mule’ halfcrown was struck in error (or, possibly deliberately) from a reverse die from the 1928-37 type. In 1938 the halfcrown reverse – the side with the horse on it – had been redesigned to improve the striking characteristics of the coin. A single example of the 1938 trial of the new die…
Introduction The Irish government began minting the original 10p coin two years prior to Decimal Day, 15 February 1971, hence the first 10p coins were dated 1969 and 1971 – when they were first circulated. These coins retained the exact design and dimensions (except denomination) of the old (pre-decimal) florin coin, first introduced to the…
The 1933 British Penny is, perhaps, one of the most famous coin rarities in the English-speaking world today – allegedly only seven coins were minted – specifically for the king to lay under the foundation stones of new buildings. So why do so many people claim to have a 1933 penny on their possession or to…
The Old Currency Exchange is a specialist dealer and valuer of Irish & GB coins, tokens and banknotes 