Monday, June 8, 2015

Belgium Mint €2.50 coin to mark Battle of Waterloo

The Royal Belgian Mint in Brussels will release a €2.50 coins to mark the 200th anniversary of Napoleon’s defeat at Waterloo on 18 June 1815. 70,000 of the commemorative coins will be sold in special plastic bags priced at €6, they show the Lion’s Mound monument that stands at the battlefield, as well as lines indicating the position of the troops.

Belgium Waterloo coin

On March, France sent a letter of objection for the new Belgian €2 circulation coin, argued that the battle was an event with particular resonance in the European collective memory and went beyond being merely an instance of military conflict.

The €2 coins could prompt an unfavourable reaction in France, the letter warned, at a time when eurozone governments were trying to strengthen unity and co-operation.

175,000 €2 waterloo coins had already been minted and they would not be brought into circulation.

But Belgium has managed to skirt the French protests using a rule that allows eurozone countries to unilaterally issue coins if they are in an irregular denomination.

Napoleon Bonaparte was forced into exile after his grand European ambitions were crushed by the armies of the Duke of Wellington and Gebhard von Blücher at the Battle of Waterloo, which took place on what is now the outskirts of Brussels.

France had said in its initial letter to Belgium that the battle, on 18 June 1815, “has a particular resonance in the collective consciousness that goes beyond a simple military conflict”.

Battle of Waterloo

The Belgian finance minister, Johan Van Overtveldt, said the new coins – of which there will be 70,000 – were not being released in a deliberate bid to anger France.

“The goal is not to revive old quarrels. In a modern Europe, there are more important things to sort out,” he said on Monday.

“But there’s been no battle in recent history as important as Waterloo, or indeed one that captures the imagination in the same way.”

The €2.50 coins will be usable in Belgian shops but collectors are expected to snap many of them up.

Several thousand copies of a silver coin – with a face value of €10 but sold at €40 – will also be released.

Source: The Guardian