Wednesday, June 18, 2014

Lithuania start to mint 2015 euro coins

The Lithuanian Mint will begin to mint en masse the Lithuania 2015 euro coins at the end of July this year, immediately after the final decision of the Council of the European Union regarding the adoption of the euro in Lithuania. Until then, one million each of eight-denomination euro coins can be minted, seeking to test the coin blanks, minting tools and the coin measuring-control equipment. The overall demand for Lithuanian euro coins is around 370 million units.

2015 euro coin


“The euro in Lithuania is taking an actual physical form — the Lithuanian coins with the 2015 date now exist not only on paper, but have been minted from metal as well. The circulation euro coin samples are high quality examples of coins — they will be the basis for the coins jingling in the purses of the Lithuanian population,” says Vitas Vasiliauskas, Chairman of the Board of the Bank of Lithuania.

Every state, which has adopted the euro, has the right to issue euro coins, of which one side is the same for all countries (common side) and the other is different (national side). The national side of the Lithuanian circulation euro coins was designed by the sculptor Antanas Žukauskas. The Board of the Bank of Lithuania has three different designs for the national side (obverse). They depict the symbol from the emblem of the Lithuanian State — Vytis, and it is surrounded by the inscriptions LIETUVA (Lithuania), 2015 and twelve stars: on the 1 and 2 euro coins — a background of vertical lines; the 10, 20 and 50 euro cent coins — horizontal lines; on the 1, 2 and 5 euro cent coins — a plain surface.

The edge of the Lithuanian 2 euro coin bears the inscription: LAISVĖ, VIENYBĖ, GEROVĖ (Freedom, Unity, Well-Being).
LAISVĖ, VIENYBĖ, GEROVĖ

The circulation euro and euro cent coins with the Vytis will be minted in Vilnius by UAB Lithuanian Mint. The 1 and 2 euro coins will be dual coloured, minted from coloured metal alloys; the 10, 20, 50 euro cent coins — from the so-called “Nordic gold” alloy; the 1, 2 and 5 euro cent coins — from copper coated steel.

Source: Bank of Latvia