Costa Rica: New series of circulating coins 2025

Started by eurocoin, July 01, 2024, 08:30:00 PM

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eurocoin

Costa Rica will next year issue a new series of circulating coins. The denominations will be 25, 50 and 100 colones. The designs of the coins will be the inspired by the Creole swing, morpho butterfly, oxcart and other elements of Costa Rican culture. The pieces will be manufactured at Mint of Poland.

Example of a Costa Rican oxcart:

img_1_1719858773164.jpg

<k>

Fascinating. See my earlier predictions, which have come to fruition just months later - not years, as I had imagined!

Quote from: <k> on February 11, 2024, 11:30:08 PMTHE LIKELY EFFECTS OF THE CIRCULATING COMMEMORATIVES

Costa Rica's coinage has had plain mono-designs for years.

Now the circulating commemoratives have burst onto the scene.

They have brought extra colour and interest for the general public.


This change cannot be put back into the box.

It is a small revolution of sorts.

And it will eventually have consequences for the regular coinage.


I see three effects now in play.

Firstly, the public will become used to attractive thematic coin designs.

Citizens will not mind if their conservative regular coinage is changed.


Secondly, I expect that the currency will be redenominated by 2030.

The prospect of a new coinage prompts new ideas.

By then, the public may welcome thematic designs for the regular coinage.


Thirdly, many neighbouring countries already have thematic coin series.

Worldwide, more countries are choosing to issue thematic coin series.

The UK has chosen to ditch its conservative heraldic designs.

It has now adopted wildlife designs instead.

Even Saudi Arabia now issues coins with attractive pictorial designs.


Eventually Costa Rica too will be influenced by these trends.
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.

<k>

Will the new coins be of reduced size, I wonder?

Some of the existing coins are rather large.


See my topic of February 2024:

Costa Rica: coinage structure analysis and the future.
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.

<k>

#3






Dominican Republic.

25 centavos coins of the early 1990s.
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.

<k>

https://www.teletica.com/calle-7/banco-central-prepara-nuevas-monedas-de-25-50-y-100-colones_358518

In addition, the coins are expected to enter circulation in 2025 with a series of features that will make them very safe and modern.

"The coins we are buying are made of special materials, they have magnetism so that the machines can detect them for sorting. So they will be coins that come with very advanced security technologies," Carlos Melegatti, director of Payment Systems at the BCCR, added.
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.

Jostein

The 50 colones coin series have been issued

Same reverse than the 500 colones coin but with only three bars instead of five. The coin is 3 mm smaller than the current one and is made of CuNiZN, which gives the coin a silver color instead the golden color of the current coin.Six different obverses dedicated to wildlife have been issued with a special color issue.

Best,
"Change is the law of life. And those who look only to the past or present are certain to miss the future" - John F. Kennedy

http://www.bimetallic-coins.com

<k>

These coins are just for collectors and will not circulate, I presume?
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.

Jostein

Both <k>, The color version issued in a set of 6 coins are for collectors, the non colored version are for circulation. I suppose that the 25 colones coin will have only two bars and the 100 colones coin four. If so, there is still room for a future 10 colones coin with one bar :), but this facial has not been announced as part of the new series of circulating coins.
"Change is the law of life. And those who look only to the past or present are certain to miss the future" - John F. Kennedy

http://www.bimetallic-coins.com

Figleaf

The values 25, 50 and 100 colones are reminiscent of the Spanish and Spanish colonial peso of 8 reales. If we assume that the 100 represents what was once the peso, the 50 and 25 denominations are inspired by the 4 and 2 reales. There is no place for a 10 in that system. That doesn't mean it can't be done, but it does mean that if you want to stay with the historic references, the next lower denomination would be 12.5 colones, an unlikely denomination.

Peter
An unidentified coin is a piece of metal. An identified coin is a piece of history.

<k>

#9
Thanks, Jostein. So it is nothing to  do with the next year's new series of circulating coins.

I can't read the year on these coins.
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.