Coinage - Assignment Example

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Coinage

The designs were agreed upon at the European Council meeting in Amsterdam in June 1997.
The majority of countries only have 3 different back desings - one for each of the groups of coinage, that is one back for the 1,2 and 5 cent, one back for the 10, 20, and 50 cent, and one back for the 1 and 2 euro coins. But some differ from this as well as Finland has one back for all the cent coins and then a 2nd back for the 1 euro and a 3rd for the 2 euro coin. The standard is that there is no standard.
There are 5 countries, Italy, Austria, Finland, Greece, Monaco and San Marino which use multiple back designs. Finland has differing back designs for its 1 and 2 euro coins, the cent coins follow the norm. Italy, Austria, Greece, and San Marino decided to go all out apparently and they have a different back design for each and every coin. Italy, Austria, Greece, and San Marino thus have 8 differnet coin back designs. In the other extreme, Belgium, Ireland, and Vatican City only have 1 back design for all of its coins. The Netherlands has 2 back designs, while Monoco has 4 back designs.
Commemorative coins of various other denominations, not intended for circulation, have been issued. They are legal tender only in the nation which issued them. ...Show more

Summary

We believe that what is a good design for the blind and partially sighted is a good design for everybody. It is not surprising, therefore, that we paid particular care to the design of the eight euro coins, which incorporate the following features:
Coins will be issued in three different appearances forms: six in the fractional range and two in the Euro range…
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Coinage essay example
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