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Euro coins => Circulation euro coins => Topic started by: eurocoin on July 18, 2017, 04:50:41 PM

Title: The Netherlands: New mintmaster mark 2018
Post by: eurocoin on July 18, 2017, 04:50:41 PM
Ted Peters has resigned as mintmaster of the Royal Dutch Mint. It is unknown who will succeed him. It is also unknown if 2017-dated coins will be minted with a new mintmaster mark.

Title: Re: The Netherlands: New mintmaster mark 2017/2018
Post by: eurocoin on July 18, 2017, 05:06:53 PM
Recap:

The majority of the 2015-dated Dutch coins were minted with the mintmaster mark 'Sails' from Maarten Brouwer. After he had to resign, Kees Bruinsma became interim mintmaster of the Royal Dutch Mint in October 2015. Following tradition, an interim mintmaster at the Royal Dutch Mint is allowed to add a small thing (usually a star) to the mintmaster mark of his predecessor. Mr Bruinsma chose for a star which was added to the mintmaster mark 'Sails' of Maarten Brouwer. Late 2015 also an unknown amount of 2015-dated Dutch euro coins was minted with the mintmaster mark of Kees Bruinsma. These coins have not yet been issued and it is unknown if that will still ever happen.

The 2016-dated circulating coins from the Netherlands that have been released have the mintmaster mark from Kees Bruinsma (Sails with star). He was only appointed ad interim and he resigned on November 2016. In that same month Ted Peters was appointed mintmaster of the Royal Dutch Mint. The mintmaster mark remained the one of his predecessor. In July 2017, Ted Peters resigned as general director of the Royal Dutch Mint.
Title: Re: The Netherlands: New mintmaster mark 2017/2018
Post by: eurocoin on September 14, 2017, 05:24:28 PM
(https://farm5.staticflickr.com/4355/37052937002_1032a64f3c.jpg)



The Royal Dutch Mint has appointed Stephan Satijn as its new mintmaster. He won't be an interim mintmaster. His mintmastermark will be unveiled later this year but won't be used on the 2017-dated Dutch eurocoins.

Mr Satijn works/worked as alderman in Venlo for the Dutch political party VVD. He holds an EMBA in Finance from Rochester University/Nyenrode University.
Title: Re: The Netherlands: New mintmaster mark 2018
Post by: eurocoin on September 28, 2017, 02:58:35 PM
I saw this comming from miles away but the council of Venlo has now awoken. A leftist party has asked critical questions about the appointment of Mr Satijn. This as until March 2018, he will be alderman of Venlo next to mintmaster and they fear he won't have enough time for his job at the municipality.

Furthermore they see a serious conflict of interest in the fact that Mr Satijn now indirectly works for Groep Heylen (which owns the Dutch Mint). Groep Heylen is an important business partner of the municipality of Venlo as it owns a large distribution center there. To make it even more interesting, Mr Satijn is also a key member of the steering group that maintains the industry area where Groep Heylen's distribution center is located.

Not that I am suprised by this all, because what can one expect from a member of the VVD anyway.
Title: Re: The Netherlands: New mintmaster mark 2018
Post by: Angus on October 01, 2017, 01:09:55 PM
2015 coins with sail and star were minted but never released.
Title: Re: The Netherlands: New mintmaster mark 2018
Post by: eurocoin on October 01, 2017, 01:18:43 PM
2015 coins with sail and start were minted but never released.

Correct and up until today nobody is willing to provide any information about these coins.
Title: Re: The Netherlands: New mintmaster mark 2018
Post by: Figleaf on October 10, 2017, 09:28:55 PM
Mr. Satijn's mintmaster mark has been announced (see attachment). The bridge design is inspired by St. Servaas bridge in Maastricht, which is Mr. Satijn's birthplace. The mint will offer 2017 sets with the new mark. There is no guarantee that all or any coins with a denomination of 5 cent or higher of this series will enter into circulation. Lower denominations are not circulated.

Peter
Title: Re: The Netherlands: New mintmaster mark 2018
Post by: Angus on October 22, 2017, 01:34:28 AM
A 2017 set with the new mintmark is on ebay for 150 - seems rather expensive?
Title: Re: The Netherlands: New mintmaster mark 2018
Post by: Figleaf on October 22, 2017, 02:14:30 AM
See all sets and the prices the Utrecht mint charges here (https://translate.google.com/translate?sl=nl&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=https%3A%2F%2Fwww.knm.nl%2Fmuntsets%2Fnl%2Fpage%2F2196%2F%23%2F%3FCPI%3D1&edit-text=)

Peter
Title: Re: The Netherlands: New mintmaster mark 2018
Post by: chrisild on October 22, 2017, 01:00:47 PM
The Sint Servaasbrug coin card I may buy, if only because of the card design. Have been to Maastricht several times, and like the city. Also, I could at least pretend that this is the commemorative issue on the occasion of "25 Years Maastricht Treaty" this year. ;) (Actually the description (https://www.knm.nl/transitieset-2015-2017-proof-kwaliteit/nl/product/9605/#extendeddescription) does at least refer to the EMU.)

But those proof sets - sorry, no. And from what I have read, quite a few collectors are miffed who purchased single sets before: If they want to be "complete" in terms of mintmaster marks, they now need to buy that prestige box - only  ::) 450 euro - even though they have most of the pieces ...

Christian
Title: Re: The Netherlands: New mintmaster mark 2018
Post by: Angus on October 22, 2017, 05:20:41 PM
Thank you for that link - the 2015 sailboat plus star set is now going to be released along with the 2017 bridge set!  As a collector of coin variants I am very interested in those.

That tiny asterisk will make the 2015 coins much more valuable, and you can hardly see it!
Title: Re: The Netherlands: New mintmaster mark 2018
Post by: Angus on November 10, 2017, 10:21:55 AM
I have now obtained the 2015 and 2017 coins with the new mintmarks and you can see them on my website at www.eurocollection.co.uk under Netherlands, 2015, 2017 and Variants.  By my calculations the asterisk on the 1c coin is about 0,2mm across but makes quite a difference to its value!
Title: Re: The Netherlands: New mintmaster mark 2018
Post by: Figleaf on November 10, 2017, 01:37:50 PM
Just to make the situation clear: selling the "bridge" set only together with the sails and sails* set is a form of commercialism called tying (https://en.wikipedia.org/wiki/Tying_(commerce)). It barely scrapes by Dutch competition law, the more so because the 1 and 2 cent are not in circulation. They can only be had when bought in packages at a considerable agio.

I find this approach disgusting, even though it doesn't hinder me, as I only collect what is or was in circulation. This is the sort of shameless degradation you can expect when privatising what should be a public service.

Peter
Title: Re: The Netherlands: New mintmaster mark 2018
Post by: Angus on January 16, 2018, 09:57:50 PM
It seems that the Luxembourg coins have a lion instead of the bridge this year: http://eurocollezione.altervista.org/_LUSSEMBURGO_/_2_euro_2018_commemorativo_Costituzione.htm
Title: Re: The Netherlands: New mintmaster mark 2018
Post by: eurocoin on January 16, 2018, 10:17:29 PM
It seems that the Luxembourg coins have a lion instead of the bridge this year: http://eurocollezione.altervista.org/_LUSSEMBURGO_/_2_euro_2018_commemorativo_Costituzione.htm

Correct indeed. The mintmastermark of the Dutch mintmaster will no longer be depicted on the coins of Luxembourg. The rampant lion is the one that can be seen on the Luxembourgish coat of arms.
Title: Re: The Netherlands: New mintmaster mark 2018
Post by: chrisild on January 16, 2018, 10:21:26 PM
It seems that the Luxembourg coins have a lion instead of the bridge this year

Yep, see here:
http://www.worldofcoins.eu/forum/index.php/topic,41096.msg260256.html#msg260256

Christian
Title: Re: The Netherlands: New mintmaster mark 2018
Post by: Angus on January 16, 2018, 10:45:53 PM
They've probably had enough with all that faffing around with Dutch mintmasters!
Title: Re: The Netherlands: New mintmaster mark 2018
Post by: Figleaf on January 18, 2018, 11:54:58 AM
Mintmasters come and go, minters and their equipment stay on. I think the real difference is that the mint is privatised. It is not unusual for tenders to specify that only state-owned mints need apply. However, it is difficult to see the connection between that and the added lion. If I'd have to guess, I'd look at the insecurity of the ruling family of one of the smallest European states, as illuminated before by their unwillingness to have coins - even joint commemoratives - without a portrait or cypher of the grand duke.

Peter
Title: Re: The Netherlands: New mintmaster mark 2018
Post by: eurocoin on March 17, 2018, 06:22:52 PM
Hopefully after he will resign as alderman next week, he will finally start to be a serious mintmaster because I consider his performance as mintmaster so far to be miserable.
Title: Re: The Netherlands: New mintmaster mark 2018
Post by: eurocoin on December 31, 2018, 02:48:56 PM
It appears that 'mintmaster' has become a sort of honorary title. Even although he is Chair of the Board of Directors, Mr Satijn doesn't appear to do much at the mint. In the meantime he has now started new jobs in high positions at 2 trade and development organisations. He appears to have a passion for trade and seems to have little interest for coins.

In fact the Coinage Act appears to indicate that Mr Satijn makes illegitimate use of the title as it may only be used by the general director of the Royal Dutch Mint, which Mr Satijn is not. Vincent van Hecke, a Belgian, is general director of the Royal Dutch Mint and so the only person who is allowed to make use of the title. I guess they expected that fact not to do well amongst Dutch collectors and because of that gave the title to a Dutchman instead. When contacted about this quite some time ago they got very annoyed at the mint.