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Belgium Defies France As It Mints €2.50 Coin...

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aardspeed's Avatar
921 Posts
 Posted 06/08/2015  11:37 pm Show Profile   Bookmark this topic Add aardspeed to your friends list Get a Link to this Message Number of Subscribers
"Belgium has begun minting €2.50 coins marking the 200th anniversary of Napoleon's defeat at Waterloo after France forced it to scrap a €2 coin with the same purpose"


http://www.theguardian.com/world/20...uro-napoleon

Belgium-Defies-France-As-It-Mints-€2.50-Coin...
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nalaberong's Avatar
Canada
2805 Posts
 Posted 06/08/2015  11:45 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
Nice, I'm glad this issue will be making it to collectors after all.
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SilverStackerKid's Avatar
United States
6478 Posts
 Posted 06/08/2015  11:58 pm  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
What is it made of?
Pillar of the Community
X2an's Avatar
Sweden
1078 Posts
 Posted 06/09/2015  12:39 am  Show Profile   Bookmark this reply Add X2an to your friends list Get a Link to this Reply
Should be some brass alloy. €6 for a gold coin just doesn't sound reasonable. Plus, there will be a €10 coin in silver.
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MathieuMa's Avatar
France
1591 Posts
 Posted 06/09/2015  03:03 am  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
Those can only be used in Belgium, and as collectors - only the emitting country has its say.
That's a pretty odd story, indeed .

As for scraping the 2€ coins, seems all the european member coutries have their say.
I don't know why they care though, it's an historical event . anyway . politics . -_-
Valued Member
Dagaz's Avatar
Slovenia
459 Posts
 Posted 06/09/2015  06:26 am  Show Profile   Bookmark this reply Add Dagaz to your friends list Get a Link to this Reply
Yeah, I was looking forward to this one as 2€ ...
Strange story indeed ... A great theme to commemorate. Much greater then most of the things some EU states put on 2€ CC.
New Member
Ireland
1 Posts
 Posted 06/09/2015  08:51 am  Show Profile   Bookmark this reply Add ollopa to your friends list Get a Link to this Reply
Can anyone on this forum advise me exactly how to get one of these coins? I will be in Brussels next week: can I mail order from somewhere (exact link please), or do I go to a post office or such-like?

It reminds me a little of the common joke about the Irish half-crown (2 1/2 shillings), that it was to commemorate Arkle.Belgium-Defies-France-As-It-Mints-€2.50-Coin...
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Germany
1238 Posts
 Posted 06/09/2015  09:39 am  Show Profile   Bookmark this reply Add chrisild to your friends list Get a Link to this Reply

Quote:
I will be in Brussels next week: can I mail order from somewhere (exact link please), or do I go to a post office or such-like?

Not sure whether the Belgian Central Bank has those collector coins, but you can order them from the mint of course. :) See here: http://europemint.eu/crbst_8.html The page lists the various issues (€2.50 brass/coincard, €10 silver/box) that they sell. Mintage 100,000 for the brass piece and 10,000 for the silver piece. Side note: The Netherlands, and of course the UK, commemorate the battle (thus basically the restoration of various anciens regimes ...) on coins as well.

As for the supposedly "odd" denomination, well, nobody will pay with such regional collector coins. Portugal for example has used the €2.50 denomination for a long time ...

Christian
Edited by chrisild
06/09/2015 09:41 am
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SilverStackerKid's Avatar
United States
6478 Posts
 Posted 06/09/2015  10:10 am  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
Ok, thank you.
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MathieuMa's Avatar
France
1591 Posts
 Posted 06/09/2015  5:39 pm  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
chrisild : you can still use them to pay, they are a legal tender in the emitting country (and only that one, not Europe as all the rest). It can be a bit hard with most shop owners, though ;)
Valued Member
Dagaz's Avatar
Slovenia
459 Posts
 Posted 06/10/2015  01:01 am  Show Profile   Bookmark this reply Add Dagaz to your friends list Get a Link to this Reply
Slovenia has the same principle with 3€ bi-metallic coins. From time to time my partner brings me one from the store where she works. I think it is their policy that they can accept them, but not return them :)
Pillar of the Community
Germany
1238 Posts
 Posted 06/10/2015  05:22 am  Show Profile   Bookmark this reply Add chrisild to your friends list Get a Link to this Reply
@MathieuMa: Yep, I know - we're euro neighbors so to say. :) But as you wrote, "legal tender" does not mean much in real life. Plus, EU law specifically says they are not to be used for payments: http://eur-lex.europa.eu/legal-cont...X:32012R0651

For some reason the forum software truncated my post, and I won't write everything, about Napoleon, the Prussians, and why Germany does not celebrate "Waterloo" numismatically, once again. Anyway, look at Art. 1 (3) and Art. 5 (5).

Christian
Edited by chrisild
06/10/2015 05:27 am
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MathieuMa's Avatar
France
1591 Posts
 Posted 06/10/2015  06:30 am  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
Hum, I read here that they can be used as payment (legal tender) - while they shouldn't enter into circulation (huh . :D ) :

Member States whose currency is the euro should also be able to issue euro collector coins, which are not intended for circulation and which should be readily distinguishable
from circulation coins. Euro collector coins should have the status of legal tender only in the Member State of issuance and should not be issued with a view to their entry into circulation.

So I suppose you can buy them, the issuing central bank will pay you back if you want (= legal tender), but you can't use them in stores (= circulating)?
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BuckeyeCoinGuy's Avatar
United States
711 Posts
 Posted 06/10/2015  6:41 pm  Show Profile   Bookmark this reply Add BuckeyeCoinGuy to your friends list Get a Link to this Reply
This is the loophole Greece, amongst many others but Greece for now, needs.

Issue an odd denomination coin in Greece, legal tender only in Greece, and issue it out of thin air. Well not thin air, you have to coin the items at Greece's expense.

Pillar of the Community
Germany
1238 Posts
 Posted 06/11/2015  04:21 am  Show Profile   Bookmark this reply Add chrisild to your friends list Get a Link to this Reply

Quote:
So I suppose you can buy them, the issuing central bank will pay you back if you want (= legal tender), but you can't use them in stores (= circulating)?

That is basically it. :) I appreciate the idea and concept of such collector coins, as they allow the issuers to try new materials, shapes, etc. out, but of course such issues sort of defeat the purpose of a common currency. My "regular" euro coins (circulation pieces and commemorative €2 coins) I can use anywhere in the currency union, but as you mentioned, that does not apply to collector coins.

Interestingly, from time to time some member state tries to make collector coins popular; think of the French "Euros Or et Argent" issued at face value. But by and large such pieces are made for, well, collectors :) and do not circulate.

As for the originally planned Waterloo €2 coin, yes, that would of course have been legal tender in France as well. But how many times do we actually come across a commem? (Not "some" commemorative coin but the same issue.) I don't think "the" French would have found the piece objectionable. On the other hand, I still wonder why the French government canceled the "Battle of Marignan" €2 plan. Maybe Switzerland (non-EU) opposed the idea? ;)

Christian
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thq's Avatar
United States
3347 Posts
 Posted 06/12/2015  11:07 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
200 years ago France defied the world and issued 6,777 of these

Belgium-Defies-France-As-It-Mints-€2.50-Coin...

Belgium-Defies-France-As-It-Mints-€2.50-Coin...

It's pretty amazing what you can do in 100 days.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
06/12/2015 11:15 pm
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