Estonian euro coins

Estonian euro coins feature a single design for all eight coins. This is a design by Lembit Lõhmus and features a silhouette map of Estonia together with the word Eesti (Estonia) and twelve stars, symbolic of the European Union, surrounding the map. This was the winning design in a public vote of ten announced in December 2004.

Estonian euro coins entered circulation on 1 January 2011. Estonia was the fifth of ten states that joined the EU in 2004, and the first ex-Soviet republic to join the eurozone.[1]

History

Of the ten new EU member states, Estonia was the first to unveil its design. The country originally planned to adopt the euro on 1 January 2007; however, it did not formally apply when Slovenia did, and officially changed its target date to 1 January 2008, and later, to 1 January 2011.[1]

On 12 May 2010, the European Commission announced that Estonia had met all criteria to join the eurozone.[2] On 8 June 2010, the EU finance ministers agreed that Estonia would be able to join the euro on 1 January 2011.[3] On 13 July 2010, Estonia received the final approval from the ECOFIN to adopt the euro as from 1 January 2011. On the same date of 13 July 2010, the exchange rate at which the kroon would be exchanged for the euro (€1 = 15.6466 krooni) was also announced. On 20 July 2010, mass production of Estonian euro coins began in the Mint of Finland. 2012 coins were produced by the Royal Dutch Mint, having won the production bid.

Estonian euro design

For images of the common side and a detailed description of the coins, see euro coins.

A design competition was first held in 2004 for the design of the Estonian euro coins. 134 designs were submitted to the competition, and the 10 best designs were selected, which were then voted on by telephone by the Estonian people. The design features an outline map of Estonia and its islands: Saaremaa, Hiiumaa, Muhu, Vormsi, Kihnu, the Pakri Islands, Naissaar and Ruhnu; and the lake of Võrtsjärv.[4]

Depiction of Estonian euro coinage | Obverse side
€ 0.01 € 0.02 € 0.05
Link to file Link to file Link to file
Silhouette map of Estonia
€ 0.10 € 0.20 € 0.50
Link to file Link to file Link to file
Silhouette of Estonia
€ 1.00 € 2.00 € 2 Coin Edge
Link to file Link to file "O" and "E E S T I" repeated alternately upright and inverted
Relief silhouette of Estonia

Circulating mintage quantities

Face value[5] €0.01 €0.02 €0.05 €0.10 €0.20 €0.50 €1.00 €2.00
2011 32,000,000 30,000,000 30,000,000 30,000,000 25,000,000 20,000,000 16,000,000 11,000,000
2012 25,000,000 25,000,000 N/a N/a N/a N/a N/a N/a
2013 N/a N/a N/a N/a N/a N/a N/a N/a
2014 N/a N/a N/a N/a N/a N/a N/a N/a
2015 14,000,000 17,000,000 N/a N/a N/a N/a N/a N/a
2016 s s s s s s s s
2017 29,000,000 9,000,000 4,550,000 N/a 3,250,000 N/a N/a N/a
2018 500,000 8,500,000 4,500,000 500,000 4,000,000 500,000 500,000 500,000
2019 10,000,000 N/a N/a N/a N/a N/a N/a N/a
2020 N/a 2,000,000 N/a N/a 1,500,000 N/a N/a N/a
2021 N/a 8,000,000 N/a N/a 2,000,000 N/a N/a N/a
2022 10,000,000 10,000,000 4,200,000 2,800,000 s s s s
2023 N/a N/a 5,600,000 4,200,000 4,890,000 N/a N/a 1,000,000
2024 N/a N/a N/a N/a N/a N/a N/a N/a

— No coins were minted that year for that denomination
s Small quantities minted for sets only

Mints

2011: Finland
2012: Netherlands
2015: Lithuania
2016-2018: Finland

€2 commemorative coins

Year Subject Volume Note
2012 10 years of Euro Coins and Banknotes 2,000,000 commonly issued coin
2015 30 years of the Flag of Europe 350,000 commonly issued coin
2016 100 years since the birth of Paul Keres 500,000
2017 Estonia's road to independence 1,500,000
2018 100 years since independence 500,000 joint issue with Latvia and Lithuania
2018 100 years since independence 1,317,800
2019 150th anniversary of the first Estonian Song Festival 1,000,000
2019 100 years since the foundation of the Estonian language University of Tartu 1,000,000
2020 200 years since the discovery of the Antarctic 750,000
2020 100th anniversary of the Treaty of Tartu 1,000,000
2021 Fenno-Ugria 1,000,000
2022 150 years since the founding of the Society of Estonian Literati 1,000,000
2022 Glory to Ukraine 2,040,000
2022 35 years of the Erasmus Programme 1,000,000 commonly issued coin

Estonian National Symbols series

Year Number Design Volume
2021 1 Wolf, the national mammal of Estonia 1,000,000
2023 2 Barn swallow, the national bird of Estonia 1,000,000
2024 3 Cornflower, the national flower of Estonia 1,000,000

Other commemorative coins (collectors' coins)

Controversy

Ethnic Setos have protested the design of the coin, claiming that the outline of the map of Estonia does not include the former south eastern region of Estonia that constituted a part of the Seto homeland annexed by Stalin during the occupation of the Baltic states.[6] On the other hand, a Russian lawyer Sergei Seredenko claimed that the outline included Russian-controlled areas.[7] The Russian embassy was prompted to issue a statement that the euro coins do indeed depict the current borders of the country's territory.[8]

References

  1. ^ a b "Alcohol and tobacco tax to rise in Estonia next year". Helsingin Sanomat. 25 May 2007. Retrieved 1 January 2009.
  2. ^ "Estonia ready for euro". European Commission. 12 May 2010. Retrieved 12 May 2010.
  3. ^ "Estonia to Join Euro 1 January 2011". Archived from the original on June 11, 2010.
  4. ^ "The Estonian euro coin". Tere Euro. Bank of Estonia. 2011-07-11. Archived from the original on 2021-02-24. Retrieved 2019-02-09.
  5. ^ "Production of the Estonian euro coins". Bank of Estonia. Archived from the original on 2011-10-10. Retrieved 2011-11-09.
  6. ^ "Setos Protest Truncated Map of Estonia". Estonian Public Broadcasting News. 1 January 2011. Retrieved 8 January 2011.
  7. ^ Richard Giedroyc (14 February 2011). "Coin Reflects Estonia Border Dispute". World Coin News. Archived from the original on 4 March 2016.
  8. ^ "Another Side to the Euro Coin Map Dispute". Estonian Public Broadcasting News. 7 January 2011. Retrieved 8 January 2011.