Irish euro coins

Last updated

Irish 1 euro coin obverse side Eurocoin.ie.100.gif
Irish 1 euro coin obverse side

Irish euro coins all share the same design by Jarlath Hayes, that of the harp, a traditional symbol for Ireland since the Middle Ages, based on that of the Brian Boru harp, housed in Trinity College Dublin. The same harp is used as on the official seals of the Taoiseach, and government ministers and the seal of the president of Ireland. The coins' design also features the 12 stars of the EU, the year of issue and the Irish name for Ireland, "Éire", in a traditional Gaelic script.

Contents

Irish euro design

All Irish euro coins bear the same design on their obverse side: a Celtic harp based on the Trinity College Harp, flanked to the left and right by the word "ÉIRE" (Irish for Ireland) and the year the coin was struck, written in Gaelic type. These in turn are surrounded by the 12 stars of the flag of Europe. On the one-euro coin the stars appear on the gold coloured surround with the harp and words in the silver coloured centre. The colours are in the reverse for the two euro coin.

National Identifier"ÉIRE" (in Gaelic type)
Mint MarkNone
Engravers InitialsNone
€2 Edge inscription 2EUR edge inv2.svg

Circulating mintage quantities

The following table shows the mintage quantity for all Irish euro coins, per denomination, per year. [1]

Face Value€0.01€0.02€0.05€0.10€0.20€0.50€1.00€2.00
2002404 365 000354 665 000456 295 000275 935 000234 605 000144 165 000135 165 00090 615 000
200377 965 000177 355 00048 415 000133 885 00057 205 00011 875 0002 585 0002 695 000
2004174 870 000143 040 00082 370 00036 810 00032 460 0006 790 0001 670 0003 780 000
2005128 600 00074 700 00056 560 0007 200 00040 540 00017 360 0006 870 00013 520 000
2006110 970 00026 590 00089 810 0009 640 00010 400 0007 500 0004 040 0005 120 000
2007163 800 000200 940 000136 210 00076 990 00034 470 0008 680 0005 700 0007 410 000
200846 150 00035 830 00061 900 00056 560 00046 000 0001 220 0002 590 0006 110 000
200952 200 00044 280 00011 330 00011 770 0005 420 0002 930 0003 320 0001 040 000
201010 940 0003 490 0001 010 0001 070 0001 020 0001 160 0001 070 0001 460 000
201140 970 0004 720 0001 010 000940 0001 160 0001 080 0001 080 0001 040 000
201261 392 00011 932 0001 042 0001 082 000992 0001 012 0001 032 0008 784 000
201361 479 00034 814 0001 057 000951 0001 299 000975 000973 0001 065 000
201435 143 0003 124 0001 067 0001 092 0001 195 0001 079 000989 0005 318 000
201541 00041 0001 101 0009 061 0001 121 0001 131 0001 091 0001 182 323
2016214 000164 00084 0002 284 00084 00084 00084 00010 679 000
201717 17017 120790 980197 25517 11517 26092 30092 730
201825 98025 99030 072 180185 800126 03085 99085 71089 440
20199 0009 00030 009 00010 009 0009 0009 0009 0009 000
Bold - Small quantities minted for sets only.

Commemorative coins

Limited release in 2010, featuring an Irish hunter horse and foal. [2]

Limited release in 2011, featuring a salmon and smolt.

Limited release in 2012, featuring an Irish wolfhound and pup.

Wide release (in common with all Euro nations) in 2007, commemorating the 50th anniversary of the Treaty of Rome.

Wide release (in common with all Euro nations) in 2009, commemorating the 10th anniversary of the Economic and Monetary Union.

Wide release (in common with all Euro nations) in 2012, commemorating the 10th anniversary of the euro coins and banknotes.

Wide release (in common with all Euro nations) in 2015, commemorating the 30th anniversary of adoption of the European flag by the European Economic Community.

Wide release in 2016, with the figure of Hibernia on top of the Dublin G.P.O. Building, commemorating the centenary of the Easter Rising.

Wide release in 2019, commemorating the centenary of the First Dáil.

Commemorative 2 Euros in 2023, commemorating 50 Years of Ireland's E.U. membership.

Usage of 1 cent and 2 cent coins

As 1c and 2c coins are of comparatively low value, a National Payments Plan prepared by the Central Bank of Ireland approved by the Government in April 2013 plans "to trial the use of a rounding convention in a pilot project in a mid-size Irish town", with the 1c and 2c no longer being minted while remaining legal tender. [3] The cost of producing a 1 cent coin is 1.65c and the cost of producing a 2 cent coin is 1.94c. [4]

Beginning on Wednesday 28 October 2015 Ireland followed The Netherlands, Sweden, Finland, Denmark, Hungary and, in introducing so-called Swedish rounding. [5] While individual prices are still shown and summed up with 1-cent precision, the total sum is then rounded to the nearest 5 cents when paying with cash. Sums ending in 1, 2, 6 and 7 cents are rounded down; sums ending in 3, 4, 8 and 9 cents are rounded up. [5]

The 1 cent and 2 cent coins remain legal tender, and rounding is voluntary for both the customer and retailer, the Central Bank of Ireland advises "for Rounding to happen, both the retailer and the customer must accept it; both will have the right to use exact change".

Rounding applies only to cash payments and does not apply to bills paid electronically - by debit card, credit card or by store card. [4]

See also

Related Research Articles

<i>Éire</i> Irish name for Ireland

Éire is the Irish Gaelic name for "Ireland". Like its English counterpart, the term Éire is used for both the island of Ireland and the Republic of Ireland, the sovereign state which governs 85% of the island's landmass. The latter is distinct from Northern Ireland, which covers the remainder of the northeast of the island. The same name is also sometimes used in English.

There are eight euro coin denominations, ranging from one cent to two euros. The coins first came into use in 2002. They have a common reverse, portraying a map of Europe, but each country in the eurozone has its own design on the obverse, which means that each coin has a variety of different designs in circulation at once. Four European microstates that are not members of the European Union use the euro as their currency and also have the right to mint coins with their own designs on the obverse side.

German euro coins have three separate designs for the three series of coins. The 1-cent, 2-cent and 5-cent coins were designed by Rolf Lederbogen, the design for the 10-cent, 20-cent and 50-cent coins were designed by Reinhard Heinsdorff and the 1- and 2-euro coins were done by Heinz Hoyer and Sneschana Russewa-Hoyer. Featured in all designs are the 12 stars of the EU and the year of minting.

Greek euro coins feature a unique design for each of the eight coins. They were all designed by Georgios Stamatopoulos with the minor coins depicting Greek ships, the middle ones portraying famous Greeks and the two large denominations showing images of Greek history and mythology. All designs feature the 12 stars of the EU, the year of imprint and a tiny symbol of the Bank of Greece. Uniquely, the value of the coins is expressed on the national side in the Greek alphabet, as well as being on the common side in the Roman alphabet. The euro cent is known as the lepto in Greek, a name which has also been used for the 1100 denominations of the preceding currencies of the Greek state, the phoenix and drachma.

<span class="mw-page-title-main">Dutch euro coins</span>

Dutch euro coins currently use two designs by Erwin Olaf, both of which feature a portrait of King Willem-Alexander of the Netherlands. The new designs began circulating in 2014. Dutch Euro coins minted from 1999 to 2013 feature a portrait of Queen Beatrix designed by Bruno Ninaber van Eyben. All coins share the 12 stars of the EU and the year of imprint in their design.

<span class="mw-page-title-main">French euro coins</span>

French euro coins feature three separate designs for the three series of coins. The minor series was designed by Fabienne Courtiade, the middle one by Laurent Jurio and the major two coins are by Joaquin Jimenez. All designs share the 12 stars of the EU and the year of imprint as well as the letters "RF" for République Française.

Finnish euro coins feature three designs. Heikki Häiväoja provided the design for the 1 cent – 50 cent coins, Pertti Mäkinen provided the design for the 1 euro coin, and Raimo Heino provided the design for the 2 euro coin, which shows cloudberry, the golden berry of northern Finland. All designs feature the 12 stars of the EU and the year of imprint.

Austrian euro coins have a unique design for each denomination, with a common theme for each of the three series of coins. The minor coins feature Austrian flowers, the middle coins examples of architecture from Austria's capital, Vienna, and the two major coins famous Austrians. All designs are by the hand of Josef Kaiser and also include the 12 stars of the EU, Flag of Austria and the year of imprint.

Italian euro coins have a design unique to each denomination, though there is a common theme of famous Italian works of art throughout history. Each coin is designed by a different designer, from the 1 cent to the 2 euro coin they are: Eugenio Driutti, Luciana De Simoni, Ettore Lorenzo Frapiccini, Claudia Momoni, Maria Angela Cassol, Roberto Mauri, Laura Cretara and Maria Carmela Colaneri. All designs feature the 12 stars of the EU, the year of imprint, the overlapping letters "RI" for Repubblica Italiana and the letter R for Rome. There are no Italian euro coins dated earlier than 2002, even though they were certainly minted earlier, as they were first distributed to the public in December 2001.

<span class="mw-page-title-main">Sri Lankan rupee</span> Currency of Sri Lanka

The Sri Lankan Rupee is the currency of Sri Lanka. It is subdivided into 100 cents, but cents are rarely seen in circulation due to its low value. It is issued by the Central Bank of Sri Lanka. The abbreviation Re (singular) and Rs (plural) is generally used, the World Bank suggests SL Rs as a fully disambiguating abbreviation for distinction from other currencies named "rupee".

There have been three sets of coins in Ireland since independence. In all three, the coin showed a Celtic harp on the obverse. The pre-decimal coins of the Irish pound had realistic animals on the reverse; the decimal coins retained some of these but featured ornamental birds on the lower denominations; and the euro coins used the common design of the euro currencies. The pre-decimal and original decimal coins were of the same dimensions as the same-denomination British coins, as the Irish pound was in currency union with the British pound sterling. British coins were widely accepted in Ireland, and conversely to a lesser extent. In 1979 Ireland joined the Exchange Rate Mechanism and the Irish pound left parity with sterling; coin designs introduced after this differed between the two countries.

<span class="mw-page-title-main">San Francisco Mint</span> United States historic place

The San Francisco Mint is a branch of the United States Mint. Opened in 1854 to serve the gold mines of the California Gold Rush, in twenty years its operations exceeded the capacity of the first building. It moved into a new one in 1874, now known as the Old San Francisco Mint. In 1937 Mint operations moved into a third building, the current one, completed that year.

The coins of the Fijian dollar have been part of the physical form of Fiji's currency, the Fijian dollar.

The coins of Canada are produced by the Royal Canadian Mint and denominated in Canadian dollars ($) and the subunit of dollars, cents (¢). An effigy of the reigning monarch always appears on the obverse of all coins. There are standard images which appear on the reverse, but there are also commemorative and numismatic issues with different images on the reverse.

<span class="mw-page-title-main">Cash rounding</span> Rounding debts to the lowest physical denomination

Cash rounding or Swedish rounding occurs when the minimum unit of account is smaller than the lowest physical denomination of currency. The amount payable for a cash transaction is rounded to the nearest multiple of the minimum currency unit available, whereas transactions paid in other ways are not rounded. Cash rounding typically occurs when low-denomination coins are removed from circulation owing to inflation. Cash rounding may be a compulsory legal requirement if such coins are no longer legal tender, or a voluntary practice where they remain in circulation but are scarce or impractical.

<span class="mw-page-title-main">1 euro cent coin</span> Coin with value of one-hundredth of a euro

The 1 euro cent coin (€0.01) has a value of one hundredth of a euro and is composed of copper-covered steel. It is the lowest-value coin in the Eurozone; the next highest are the 2 and 5 euro cent coins. All euro coins have a common reverse and a country-specific (national) obverse. The coin has been used since 2002 and was not redesigned in 2007 as was the case with the higher-value coins.

<span class="mw-page-title-main">2 euro coin</span> Highest-value euro coin

The 2 euro coin (€2) is the highest-value euro coin and has been used since the introduction of the euro in 2002. The coin is made of two alloys: the inner part of nickel brass, the outer part of copper-nickel. All coins have a common reverse side and country-specific national sides. The coin has been used since 2002, with the present common side design dating from 2007.

The coins of the Australian dollar were introduced on 14 February 1966, although they did not at that time include the one-dollar or two-dollar coins. The dollar was equivalent in value to 10 shillings in the former currency.

The coins of the New Zealand dollar are used for the smallest physical currency available in New Zealand. The current denominations are ten cents, twenty cents, fifty cents, one dollar and two dollars. The $1 and $2 coins are minted in a gold colour, the 20c and 50c coins are silver colour and the 10c coin is plated in copper.

<span class="mw-page-title-main">Euro gold and silver commemorative coins (Ireland)</span>

This article covers euro gold and silver commemorative coins issued by the Central Bank and Financial Services Authority of Ireland. It also covers rare cases of collectors coins minted using other precious metals. It does not cover either the Irish €2 commemorative coins or the Irish Pound commemorative coins.

References

  1. "Mintage quantities of the euro coins". Euro-Coins.Info. 19 June 2010. Retrieved 26 October 2020.
  2. Limited €15 coin released. RTÉ. 17 October 2010.
  3. "Written Answers 23960/13: Euro Coins Production". Dáil debates. Unrevised. Oireachtas: 57. 21 May 2013. Retrieved 26 May 2013.
  4. 1 2 Citizensinformation.ie. "Rounding of cash transactions". www.citizensinformation.ie. Archived from the original on 22 December 2015. Retrieved 10 August 2017.
  5. 1 2 "Rounding - Central Bank of Ireland". www.centralbank.ie.