Romania New Issue: 10th 'B'day' of Euro

[Bimat]

Romanian Central Bank issues silver coins to celebrate the euro's tenth birthday

LIAM LEVER |   JANUARY 27, 2012 AT 11:47 AM

The Romanian Central Bank (BNR) has announced the introduction of a collectable silver coins in celebration of ten years of the euro. With a face value of RON 10, the large ( 37 mm diameter ) silver coins will be available from January 30. Each of the 500 coins minted will come with a certificate of authenticity bearing the signatures of the Governor and the Head Cashier of the BNR and cost RON 365 – more than 36 times the value as legal tender.

Romanian landmarks overlaid by an outline map of the country will be pictured on one side of the coin, while on the reverse side a montage of images that the BNR describes as representing the euro's "importance to the business community, households, trade, research and industry." The 500 silver coins will be put into circulation via branches of the BNR in Bucharest, Cluj, Iaşi and Timişoara.

Source: Romania Insider

[Bimat]

From Bank of Romania website:

_________________________________________________________________________________________

Numismatic issue - a silver coin dedicated to the 10 year anniversary of the introduction of the euro banknotes and coins

27.01.2012

Pursuant to the provisions of Law No. 312/2004 – The Statute of the National Bank of Romania, on 30 January 2012, the National Bank of Romania will put into circulation, for numismatic purposes, a silver coin dedicated to the 10‑year anniversary of the introduction of the euro banknotes and coins.

The coin has the following characteristics:

Face value: lei 10
Metal: silver
Fineness: 999‰
Shape: round
Diameter: 37 mm
Weight: 31.103 g
Quality: proof
Edge: milled.

Obverse: several landmark monuments in Romania in an arc and the outline of Romania's map overlapping them; in the middle, the coat of arms of Romania, the face value – "10 LEI", the year of issue "2012" and the inscription "ROMANIA".

Reverse: a composition suggesting the single European currency and its importance to the business community, households, trade, research and industry, and the years "2002", "2012"; on the outside, the circular inscription "10 ANI DE LA INTRODUCEREA BANCNOTELOR SI MONEDELOR EURO".

The silver coin, housed in a transparent plastic case, will be accompanied by a leaflet featuring a presentation of the numismatic issue in Romanian, English and French.

The leaflet comes with a certificate of authenticity bearing the signatures of the Governor and the Head Cashier of the National Bank of Romania.

The mintage of this numismatic issue is 500 coins.

The selling price of the silver coin, the leaflet included, is lei 365.00, excluding VAT.

The silver coins in the numismatic issue "The 10‑year Anniversary of the Introduction of the Euro Banknotes and Coins" are legal tender on the territory of Romania.

The silver coins will be put into circulation through the branches of the National Bank of Romania in Bucharest, Cluj‑Napoca, Iaşi and Timişoara.

_________________________________________________________________________________________

Aditya

[chrisild]

Romania also "participated" in the two previous common issues. That is, the BNR issued 10 lei coins with the same look as the common €2 obverses. Neat idea, and I would have bought them, except the mintages are ridiculously low in my opinion. The 2007 Treaty of Rome issue had a mintage of 500 (yes, five hundred). Then they made a thousand "10 Years Euro" pieces in 2009 ... and now they are apparently back to 500. Nah, thanks.

Christian

[Bimat]

Romania also "participated" in the two previous common issues. That is, the BNR issued 10 lei coins with the same look as the common €2 obverses. Neat idea, and I would have bought them, except the mintages are ridiculously low in my opinion. The 2007 Treaty of Rome issue had a mintage of 500 (yes, five hundred). Then they made a thousand "10 Years Euro" pieces in 2009 ... and now they are apparently back to 500. Nah, thanks.

In spite of having such a low mintage and heavy price tag, they still say that "The silver coins will be put into circulation through the branches of the National Bank of Romania in Bucharest, Cluj‑Napoca, Iaşi and Timişoara.".



Aditya

[Figleaf]

RON is new Romanian lei, 10 of which are presently worth €2.29. If you believe you can pick up a packaged silver coin with that denomination from circulation, can I interest you in buying the Eiffel tower? I can let you have it at scrap price

Peter