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Euro gold and silver commemorative coins are special euro coins minted and issued by member states of the Eurozone, mainly in gold and silver, although other precious metals are also used in rare occasions. Malta introduced the euro (€) on 1 January 2008. In such a short time, the Central Bank of Malta have been producing both normal issues of Maltese euro coins, which are intended for circulation, and commemorative euro coins in gold and silver.
These special coins have a legal tender only in Malta, unlike the normal issues of the Maltese euro coins, which have a legal tender in every country of the Eurozone. This means that the commemorative coins made of gold and silver cannot be used as money in other countries. Furthermore, as their bullion value1 generally vastly exceeds their face value, these coins are not intended to be used as means of payment at all—although it remains possible. For this reason, they are usually named Collectors' coins.
The coins usually commemorate the anniversaries of historical events or draw attention to current events of special importance.
Summary
- See also: commemorative coins of Malta
As of 6 October 2008, 2 variations of Maltese commemorative coins have been minted, both of them in 2008. These special high-value commemorative coins are not to be confused with €2 commemorative coins, which are coins designated for circulation and do have legal tender status in all countries of the Eurozone.2
The following table shows the number of coins minted per year. In the first section, the coins are grouped by the metal used, while in the second section they are grouped by their face value.
| Year | Issues | By metal | By face value | |||||||
| gold | silver | Others | €50 | €10 | ||||||
| 2008 | 2 | 1 | 1 | – | 1 | 1 | ||||
| Total | 2 | 1 | 1 | 0 | 1 | 1 | ||||
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2008 Coinage
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Auberge de Castille3 | |||
|---|---|---|---|---|
| Designer: Unknown4 | Mint: Royal Dutch Mint | |||
| Face Value: €10 | Alloy: Ag 925 (Silver) | Quantity: 18,000 | Quality: Proof | |
| Issued: 26 August 2008 | Diameter: 38.61 mm (1.52 in) | Weight: 28.28 g (1.00 oz; 0.91 ozt) | Issue price: €385 |
|
 |
Auberge de Castille3 | |||
| Designer: Unknown4 | Mint: Royal Dutch Mint | |||
| Face Value: €50 | Alloy: Au 916 (Gold) | Quantity: 3,000 | Quality: Proof | |
| Issued: 26 August 2008 | Diameter: 21 mm (0.83 in) | Weight: 6.5 g (0.23 oz; 0.21 ozt) | Issue price: €1855 |
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| In August 2008, Malta issued its first commemorative coins denominated in euro, in both silver and gold. These coins make part of the Europa Coin Program. The theme for the year 2008 is Cultural Heritage. Both coins feature the Auberge de Castille.11
On the reverse the Portico of the Auberge de Castille is shown. The stately doorway to the Auberge of Castille, Leon and Portugal is a symbol of the seat of government in Malta as the Auberge now houses the Prime Minister’s office. This is the largest of all auberges at the time of the Knights (1530-1798). The building is situated at the highest point of Valletta and was built in 1574. On the obverse the Coat of Arms of Malta is displayed. Malta’s Coat of Arms is a heraldic representation of the National flag of Malta. Above the shield is a mural crown representing the fortifications of Malta and denoting a City State. Around the shield is a wreath of two branches, of Olive and Palm, symbols of peace and traditionally associated with Malta. |
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Notes
- ^ Precious metals in bulk form are known as bullion, and are traded on commodity markets. Bullion metals may be cast into ingots, or minted into coins. The defining attribute of bullion is that it is valued by its mass and purity rather than by a face value as money.
- ^ "Different types of euro coins". European Commission. Retrieved on 2008-06-24.
- ^ a b "Malta Gold & Silver Comm Coins - 2008". The €uro Collection. Retrieved on 2008-10-05.
- ^ a b Most of recent Maltese commemorative coins were designed by Noel Galea Bason, but it is uncertain if the design of this euro coin is his or not.
- ^ a b "Collectors' Coins - Auberge de Castille". Central Bank of Malta. Retrieved on 2008-10-07.
- ^ "2008 Malta €10 Silver Prf "Auberge de Castille"". muntplats.nl. Retrieved on 2008-10-06.
- ^ "2008 Malta €10 Silver Prf "Auberge de Castille"". The Euro Coins Store. Retrieved on 2008-10-06.
- ^ "2008 Malta €10 Silver Prf "Auberge de Castille"". Royal Scandinavian Mint. Retrieved on 2008-10-06.
- ^ "2008 Malta €50 Gold Proof "Auberge de Castille"". muntplats.nl. Retrieved on 2008-10-06.
- ^ "2008 Malta €50 Gold Proof "Auberge de Castille"". Royal Scandinavian Mint. Retrieved on 2008-10-06.
- ^ "Malta Coins Distribution Centre". Central Bank of Malta. Retrieved on 2008-08-12.
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Wikipedia content modification information:
- This page was last modified on 16 December 2008, at 05:09.
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