Posts Tagged ‘5 Euro’
How Gordon Brown saved the UK from a “Finnish Coin Disaster”
Less than 24 hours after the designs were unveiled, The Mint of Finland have scrapped designs for a program of coins marking the nation’s independence centennial.
The coin caused uproar on social media after the design, which appeared to show an execution during the Finnish Civil War, was released to the public.
The coins were due to be put on sale on 4th May, but the Communications Director for the Mint of Finland confirmed that no coins had been struck.
The Mint of Finland said that it “deeply regrets all the bad feeling caused by the images in the collector coin series.”
And a similar coin design disaster could have happened in the UK.
The Victoria Cross 50p that was ordered to be redesigned
Back in 2005, Gordon Brown (Chancellor of the Exchequer at the time) ordered a 50p coin commemorating the Victoria Cross be redesigned because it appeared to show a British soldier being shot in the back.
The 50p coin was issued to mark 150 years of the famous Victoria Cross medal, which is the highest honour for gallantry which can be given to British and Commonwealth forces. However, the original design reportedly depicted a soldier carrying a wounded comrade, apparently in the sights of an enemy sniper.
A letter from the Chancellor’s aides to The Royal Mint said: “He (Mr. Brown) appreciates the designer’s attempt to portray the courage and selflessness of the British soldier carrying a wounded comrade while under fire. But he feels that the particular image of a British soldier apparently about to be shot in the back will not seem appropriate to many people.”
The ‘Heroic Acts’ 50p coin was designed by sculptor Clive Duncan to commemorate the 150th anniversary of the institution of the Victoria Cross in 2006 along with another 50p designed by Claire Aldridge.
Germany’s first ever 5-euro coin has been released into circulation… and it’s see-through!
Germany’s first ever 5-euro coin was released into circulation yesterday. Dubbed the ‘three material coin‘, it is also see-through!
New 'see-through’ five-Euro coin unveiled in Munich. https://t.co/4UTYBLKHcQ pic.twitter.com/X57uOFIn3t
— The Local Germany (@TheLocalGermany) April 12, 2016
Developed by Dr Peter Huber and Günther Waadt, the coin features a blue plastic ring in the middle and has been named ‘Blue Planet Earth’.
Not only is the blue ring easy to identify and authenticate by the naked eye, it is made of polymer plastic which behaves like a form of insulation between the pieces of two different metals and will be easy for cash machine to recognize whether it is real or fake.
A first in the history of coins
A German Minting Technology team has spent a decade developing this new security feature. In fact, it’s the first coin to be made from a combination of metal and plastic materials.
The plastic ring can be manufactured in any colour – perhaps we’ll see a rainbow of coloured Euro coins in the near future! It is also rumoured that the coin can change colour when exposed to UV light.
A total of 2 million coins have been released and will undoubtedly be snapped up and highly prized by coin collectors… if they haven’t already.
Yesterday it was reported that hundreds of Germans were queuing at the Bundesbank in Frankfurt for a chance to get hold of this new cutting-edge coin.
It’s unlikely that these 5-euro coins will be used in everyday transactions but if you are lucky enough to be heading to Germany any time soon, make sure you keep a look out.