Euro Gold and Silver Commemorative Coins - Introduction

Introduction

In the Eurozone, as a legacy of old national practice is the minting of silver and gold commemorative coins. Unlike normal issues, these coins are not legal tender in all the Eurozone, but only in the country where the coin was issued. For instance, a €10 Finnish commemorative coin cannot be used in the Netherlands.

Despite this, these coins are not really intended to be used as means of payment, as their bullion value generally vastly exceeds their face value, so it does not constitute a serious problem. The major exception is Germany, where silver ten euro commemoratives are available at banks and some retailers at face value. The coins, however, generally do not circulate.

It is uncertain whether the Council of Ministers will grant them legal tender status elsewhere outside national boundaries, as San Marino, Monaco and Vatican City also issue these kind of coins.

Read more about this topic:  Euro Gold And Silver Commemorative Coins

Famous quotes containing the word introduction:

    Such is oftenest the young man’s introduction to the forest, and the most original part of himself. He goes thither at first as a hunter and fisher, until at last, if he has the seeds of a better life in him, he distinguishes his proper objects, as a poet or naturalist it may be, and leaves the gun and fish-pole behind. The mass of men are still and always young in this respect.
    Henry David Thoreau (1817–1862)

    We used chamber-pots a good deal.... My mother ... loved to repeat: “When did the queen reign over China?” This whimsical and harmless scatological pun was my first introduction to the wonderful world of verbal transformations, and also a first perception that a joke need not be funny to give pleasure.
    Angela Carter (1940–1992)

    The role of the stepmother is the most difficult of all, because you can’t ever just be. You’re constantly being tested—by the children, the neighbors, your husband, the relatives, old friends who knew the children’s parents in their first marriage, and by yourself.
    —Anonymous Stepparent. Making It as a Stepparent, by Claire Berman, introduction (1980, repr. 1986)