Estonia in EMU on first January 2011

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Re: Perhaps Estonia in EMU on first January 2011

Postby tabbs » Thu Apr 29, 2010 10:53 pm

Many countries have at some point used their maps on coins. But I don't know of any that do not have anything else but a map on each and every denomination ...

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Re: Perhaps Estonia in EMU on first January 2011

Postby R/J » Thu Apr 29, 2010 11:40 pm

My NIG stats have finally disappeared. My EBTST stats are still available.

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Re: Perhaps Estonia in EMU on first January 2011

Postby tabbs » Fri Apr 30, 2010 12:00 am

No, because neither of those is a map of a country. :mrgreen:

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Re: Perhaps Estonia in EMU on first January 2011

Postby malu » Wed May 12, 2010 5:32 pm

According to an article in the Swedish newspaper DN today, Olli Rehn was quoted saying the commission had recommended Estonia to be able to join the Euro on 2011-01-01.

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Re: Estonia in EMU on first January 2011

Postby maarsy » Wed Jun 16, 2010 8:38 pm

maybe we need to hold a small meeting in estonia in januari

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Re: Estonia in EMU on first January 2011

Postby starcapitan » Mon Jun 21, 2010 11:10 am

well , it's official :D
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Re: Estonia in EMU on first January 2011

Postby zarazek » Tue Jun 29, 2010 9:45 pm

Estonian coins are so ugly that if I'm ever given change in them, I'll refuse to accept it and ask for coins from somewhere else :P

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Re: Estonia in EMU on first January 2011

Postby tabbs » Wed Jun 30, 2010 2:44 pm

The "problem" with the Estonian coins is that currently there are low denomination pieces only. 1 euro for example is about 15 krooni, 2 euro is 31 krooni. But the highest denomination coin in circulation is the 1 kroon piece (~6 cent) or, if you include commemorative issues, the 5 krooni coin. Everything else is paper - or cashless. :) So maybe the people who voted on the designs were not really aware of the fact that some of the future coins would actually be worth something ...

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Re: Estonia in EMU on first January 2011

Postby Dakkus » Fri Jul 02, 2010 2:55 am

tabbs wrote:The "problem" with the Estonian coins is that currently there are low denomination pieces only. 1 euro for example is about 15 krooni, 2 euro is 31 krooni. But the highest denomination coin in circulation is the 1 kroon piece (~6 cent) or, if you include commemorative issues, the 5 krooni coin. Everything else is paper - or cashless. :) So maybe the people who voted on the designs were not really aware of the fact that some of the future coins would actually be worth something ...

Christian


True. Somehow it had never occurred to me until now that I have actually always only used banknotes for buying tram tickets in Tallinn. That will see a change. I wonder if Estonia has a chance of switching to a good-looking design? Maybe it could be possible to just look the truth into eyes and aknowledge that having a televote, where 2% of the population cast their vote, was not a very good way of decisionmaking in such a case..
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Re: Estonia in EMU on first January 2011

Postby WinstonSmith » Sat Jul 10, 2010 7:32 pm

But I guess they're already being printed, aren't they?.

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Re: Estonia in EMU on first January 2011

Postby R/J » Sun Jul 11, 2010 12:01 pm

WinstonSmith wrote:But I guess they're already being printed, aren't they?.


Coins aren't printed, they are struck. But I believe they are being struck already, in Finland.
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Re: Estonia in EMU on first January 2011

Postby tabbs » Sun Jul 11, 2010 1:31 pm

R/J wrote:Coins aren't printed, they are struck. But I believe they are being struck already, in Finland.

Or "minted" which is a little closer to "printed". ;) Right, the Mint of Finland makes them. They will literally be shipped to Estonia then - the total weight of the pieces will be about six hundred tons (600,000 kg) which, from what I have read, translates to about 30 truckloads.

Guess we will soon hear and read more about the pieces. According to the Estonian euro communication schedule, this is planned for July (no precise date provided): "An introductory trip for Estonian journalists to Mint of Finland that will produce Estonia's euro coins" - see http://euro.eesti.ee/EU/Prod/Euroveeb/M ... ingl_k.pdf

And no, Dakkus, I don't think they will modify the designs again. Maybe at some later stage ... I hope.

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Re: Estonia in EMU on first January 2011

Postby Dakkus » Wed Jul 14, 2010 3:03 pm

According to a news article just published, they have not been minting the Estonian coins yet.
The article mentions that minting the coins will begin on Tuesday next week (that is: 2010-07-20) and will indeed take place in Vantaa, Finland.
Article here: http://www.hs.fi/talous/artikkeli/Kaupp ... 5258575957
And through kuukl almost in English: http://translate.google.fi/translate?js ... =en&swap=1

I also didn't know that they have minted coins for Ireland in Vantaa, as well.
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Re: Estonia in EMU on first January 2011

Postby R/J » Wed Jul 14, 2010 8:58 pm

That is true. I had heard coins would started to be minted as soon as the definitive decision on the joining of Estonia was made. But that was only this week. (There were so many decisions to make, and all were in the news as 'trivial'.)
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Re: Estonia in EMU on first January 2011

Postby tabbs » Wed Jul 14, 2010 11:38 pm

Dakkus wrote:According to a news article just published, they have not been minting the Estonian coins yet.
The article mentions that minting the coins will begin on Tuesday next week (that is: 2010-07-20) and will indeed take place in Vantaa, Finland.

Ah, thanks. Makes sense to wait - after all, even though pretty much every light on the way was green this year, making them without the final go-ahead would have been strange. Also, it does not take that long to produce them.

I also didn't know that they have minted coins for Ireland in Vantaa, as well.

Yep, they did and do. The mint in Vantaa has produced euro coins for Cyprus, Finland (surprise), Greece, Ireland, Luxembourg, and Slovenia. And I am pretty sure they get orders from outside the euro area as well. If we look at it the other way round, the Irish euro coins have been made in Austria, Croatia, Finland, France, Germany, Ireland, and the UK. :)

Christian


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