Posts Tagged ‘Belgium’
Belgium wins Battle of Waterloo with new €2.50 coin
In March we shared a story on our Facebook page about a new €2 coin proposed by Belgium to commemorate the Battle of Waterloo in this, its bicentenary year. France made it very clear they would not welcome any such design, branding the commemoration of Waterloo as a “symbol that is negative” which would “undermine the unity of the Eurozone.”
This caused more than a little grievance with Belgium, who had already struck around 180,000 €2 coins ready for circulation, prior to receiving the veto letter from Paris.
Now, in an unprecedented and surprisingly provocative move, Belgium has moved to defy France and issue a new coin which takes advantage of a European rule stating that Eurozone countries are permitted to approve their own coins without approval of other member states, providing the new denomination is an irregular one.
In this case the irregular denomination is €2.50.
The reverse design features the Lion’s Mound monument which currently stands at the Waterloo battlefield, as well as lines indicating the position of the troops.
Napoleon Bonaparte’s defeat and ultimate exile in 1815 still leaves a bitter taste with the French, but Belgium have denied acting antagonistically.
Belgian finance minister, Johan Van Overtveldt, defended the new coin by emphasising the magnitude of the occasion; “There’s been no battle in in recent history as important as Waterloo, or indeed one that captures the imagination in the same way.”
Regardless of intent, the new coin has caused quite a stir, with the story being picked up by the worldwide media.
There are only 70,000 new coins which will all be legal tender in Belgium, but it is thought that collectors will be very quick to snap them up considering the controversy over their release.
** Unfortunately this has now SOLD OUT **
We have been able to secure a very limited number of the new Waterloo €2.50 coin from Europe.
They are available now for just £9.99, however, we are expecting them to sell out in record time – so please be quick to reserve yours!