Are you one of these people that constantly moan about the ugly designs of the ‘new’ euro coins and banknotes? Well, this is your chance to help them (the European Central Bank) get it right ! In July 2015, the nineteen ‘full members’ of the Euro Zone area will jointly issue a commemorative euro coin…
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, of course, all of our coins were minted at the Royal Mint in the UK. Decimalisation also brought all of our coins back in line with the UK coin…
The one euro coin (€1) is the new basic unit of currency for the Euro Zone – an area where a common currency (the Euro) is used. This new economic area was implemented on 1st January 2002 when 12 national currencies of varying values were replaced with new coinage and banknotes. The rates of exchange were…
The Irish 50 cent euro coin (€0.50) has a value of one half of a euro and is composed of an alloy called Nordic gold. Value 0.50 euro Mass 7.80 g Diameter 24.25 mm Thickness 2.38 mm Edge Regular, fine indentations Composition Nordic gold Nordic gold is the gold-coloured copper alloy from which the middle three denominations of euro…
The 20 cent euro coin (€0.20) has a value of one fifth of a euro and are composed of an alloy called nordic gold in the Spanish flower shape. a type of coin flan shape, consisting of a smooth edge separated into equal sections by seven indents the ECB explained that the the Spanish flower…
The 10 cent euro coin (€0.10) has a value of one tenth of a euro and is composed of an alloy called Nordic gold. Value 0.10 euro Mass 4.10 g Diameter 19.75 mm Thickness 1.93 mm Edge Regular, fine indentations Composition Nordic gold Nordic gold is the gold-coloured copper alloy from which the middle three denominations of euro coins,…
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…
The Old Currency Exchange is a specialist dealer and valuer of Irish & GB coins, tokens and banknotes 