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By Central Bank of Malta ……
 

On 9 May 2018, the Central Bank of Malta issued a numismatic coin to commemorate 10 years since adopting the euro.

Central Bank of Malta

The coin, which will be struck in cupro-nickel, has a face value of €5 and is only legal tender in the island nation. It has a weight of 15.50g and a diameter of 33mm. The minting limit is 2,000 pieces. The coins are produced to Brilliant Uncirculated (BU) quality and were designed and minted at the Royal Dutch Mint.

The reverse of the coins carries a stylized representation of ‘Malta’ and ‘Europa‘ meant to symbolize  currency transition from the Maltese lira to the euro in 2008. The obverse of the coin features the coat of arms .

When Malta became an EU member state on 1 May 2004 the country was committed to join the EMU and adopt the single European currency. To be able to do this they had to fulfill a number of conditions concerning the stability of public finances, prices, interest rates and the exchange rate. The euro was adopted on 1 January 2008.

Selling at €20 each, coins may be purchased directly from the Coin Centre’s online e-shop facility or from the main building of the Bank.

For further information, the public is kindly requested to contact the MCC via email or by calling (+356) 2550 6006/7.

Photo’s from the Central Bank of Malta / Malta Coin Centre

 


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