An Estonian euro starter kit
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 is the fifth of ten states that joined the EU in 2004, and the first ex-Soviet republic, to join the eurozone. Of the ten new member states, Estonia was the first to unveil its design. It 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 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.[4] 2012 coins were produced by Royal Dutch Mint winning the production bid.
Estonian euro design [edit]
For images of the common side and a detailed description of the coins, see euro coins. A design competition was held for the design of the Estonian euro coins.[5] 134 designs were submitted to the competition.
Depiction of Estonian euro coinage | Obverse side
| € 0.01 |
€ 0.02 |
€ 0.05 |
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| Silhouette of Estonia |
| € 0.10 |
€ 0.20 |
€ 0.50 |
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| Silhouette of Estonia |
| € 1.00 |
€ 2.00 |
€ 2 Coin Edge |
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 "O" and "E E S T I" repeated alternately upright and inverted.[6] |
| Relief silhouette of Estonia |
Circulating mintage quantities [edit]
| Face Value[7] |
€0.01 |
€0.02 |
€0.05 |
€0.10 |
€0.20 |
€0.50 |
€1.00 |
€2.00 |
€2.00 CC |
Total |
| 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 |
* |
194,000,000[8] |
| 2012 |
25,000,000 |
25,000,000 |
* |
* |
* |
* |
* |
* |
2,000,000 |
52,000,000[9] |
|
* No coins were minted that year for that denomination
** Data not available yet
*** Small quantities minted for sets only
|
Design controversy [edit]
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.[10] On the other hand, a Russian lawyer Sergei Seredenko claimed that the outline included Russian controlled areas.[11] The Russian embassy was prompted to issue a statement that the euro coins do indeed depict the current borders of the country's territory.[12]
References [edit]
External links [edit]
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Potential adoption by
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1.JPG)
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"O" and "E E S T I" repeated alternately upright and inverted.[6]
