Category Archives: European Union

Air Force Centennial, Veneto Cuisine Honored on New Italian Coins

100 Years of the Air Force As part of the 2023 Numismatic Collection from the Italian State Mint and Printing Institute, two coins celebrate “One Hundred Years of the Air Force”. The first commemorative 2 euro coin to be legal tender in all member states in the European Union and in ordinary circulation, it was […]

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Euro Banknote Counterfeiting Remained Low in 2022

By the European Central Bank (ECB) …… 376,000 counterfeit euro banknotes withdrawn from circulation in 2022, second-lowest level ever in proportion to total banknotes in circulation Around two-thirds of withdrawn counterfeits were €20 and €50 banknotes Authenticity of euro banknotes verified using “feel, look, and tilt” method * * * Some 376,000 counterfeit euro banknotes […]

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More Than €4 Million in Fake 500 Euro Bills Seized in Spain

One of the most sophisticated euro counterfeits ever detected in the EU   By Europol …… On September 21, 2022, Europol supported the Spanish National Police (Policía Nacional) and the Spanish Regional Catalan Police (Mossos d’Esquadra) to dismantle an organized crime group involved in the production and distribution of counterfeit euro banknotes. The police intervention […]

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More Than €4 Million in Fake 500 Euro Bills Seized in Spain

One of the most sophisticated euro counterfeits ever detected in the EU   By Europol ……   On September 21, 2022, Europol supported the Spanish National Police (Policía Nacional) and the Spanish Regional Catalan Police (Mossos d’Esquadra) to dismantle an organized crime group involved in the production and distribution of counterfeit euro banknotes. The police […]

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Biden and G7 Ban Russian Gold Imports

By Everett Millman – Gainesville Coins …… New economic sanctions against Russia will target the country’s gold exports. Several of the Group of 7 nations (known as the G7) have banned any Russian gold from entering their countries as of Sunday, June 26. Who is Banning Russian Gold? In addition to the United Kingdom, the United […]

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Euro Banknote Counterfeiting at Historically Low Level in 2021

By European Central Bank (ECB) …… 347,000 counterfeit euro banknotes withdrawn from circulation in 2021, a historically low level in proportion to banknotes in circulation About two-thirds of total withdrawn counterfeits were €20 and €50 banknotes Euro banknotes remain a trusted and safe means of payment The authenticity of euro banknotes can be verified using […]

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World Paper Money – Euro Banknote Counterfeiting Remained Low in 2nd Half 2019

By European Central Bank ……   308,000 counterfeit euro banknotes were withdrawn from circulation in the second half of 2019 Over 70% of those counterfeits were €20 and €50 banknotes Euro banknotes continue to be a trusted and safe means of payment All euro banknotes can be verified using the “feel, look and tilt” method […]

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World Paper Money – Euro Banknote Counterfeiting Decreased Further 1st Half 2019

By European Central Bank …… 251,000 counterfeit euro banknotes were withdrawn from circulation in the first half of 2019 Over 80% of those counterfeits were €20 and €50 banknotes Euro banknotes continue to be a trusted and safe means of payment All euro banknotes can be verified using the “feel, look and tilt” method Some […]

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Italy Issues Second Collector Coin of 2019 Numismatic Program

By the Italian Mint …… On the occasion of the 150th anniversary of the foundation of the State General Accounting Office, the Ministry of Economy and Finance has issued a 5 euro commemorative coin struck by the State Printing Office and Mint. The coin presents an occasion to celebrate and remember an important institution of […]

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The Coin Analyst: The Euro’s Impact on Numismatics After 20 Years

By Louis Golino for CoinWeek ….. On January 4, 1999, 11 members of the European Union began using a common currency known as the euro. For the first three years, the currency existed virtually, used only for cashless and bank transactions. Euro coins were first minted in 1999 but only entered circulation in 2002 following […]

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Italian Mint Dedicates 1st Coin of 2019 to Leonardo da Vinci

By the Italian Mint …… On the occasion of the 500th Anniversary of the death of Leonardo da Vinci, the Ministry of Economy and Finance is issuing a commemorative coin with a nominal value of 2 euros, made by the State Mint, to celebrate the Tuscan artist and inventor, considered one of the greatest geniuses […]

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EUR-500-montage

European Union: European Central Bank announces discontinuation of €500 banknotes

The European Central Bank (ECB) has announced that as of the 27th January 2019, 17 of the current 19 members of the euro-zone will no longer issue or distribute the €500 denomination banknote. The ECB has confirmed that both the Austrian National Bank and the German Bundesbank will however continue to both print and distribute the discontinued denomination until the 26th April in order to ensure a smooth transition and for logistical reasons

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The Vienna Philharmonic Gold Bullion Coin and the Austrian Mint

Vienna Philharmonic Gold Coin By Ron Drzewucki – Modern Coin Wholesale ….. Question: Which bullion coins have face values denominated in euros? Well, let’s start by seeing how many European bullion coins are out there? You might expect Europe to be full of countries churning them out, but it’s not. You’ve got the United Kingdom, […]

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Paper Money – What Are The World’s 15 Highest Denominations Ranked by GDP

Paper Money Denominations Updated by Coinweek Staff July 24, 2018 ……. Ever wonder what the highest-denomination paper money banknotes are in the world’s top-producing nations based on GDP? At a time when terrorism and other criminal activities increasingly have the attention of international police and regulatory agencies, there is greater pressure on authorities to eliminate the […]

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Italy Commemorates Ministry of Health on 2018 Bimetallic 2 Euro Coin

By the Italian Mint …… The Italian State Mint has issued a bimetallic 2 euro coin to commemorate 60 years of the Italian Ministry of Health. The issue is based on a silver medal made last year by the Mint and delivered by Mint CEO Paolo Aiello to the Minister of Health Beatrice Lorenzin. Based […]

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France: 25th anniversary of the implementation of Maastricht Treaty celebrated on new gold and silver coins

The Monnaie de Paris have issued (5th February) gold and silver coins commemorating the 25th anniversary of the implementation of the Maastricht Treaty, a major event in modern, post-war European history. It was signed‎ on the ‎7th February 1992 in the city of Maastricht in the Netherlands by the foreign ministers of the 12 countries who were members of the European Economic Community — remembered today as the original 12

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World Paper Money – Euro Banknote Counterfeiting Remains Low 2nd Half 2017

By European Central Bank ….. 363,000 counterfeit euro banknotes were withdrawn from circulation in the second half of 2017 Around 85% of the counterfeits were €20 and €50 banknotes All euro banknotes can be verified using the “feel, look and tilt” method Euro banknotes continue to be a trusted and safe means of payment Some […]

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Modern Coins – Italian Mint Commemorates World Cup Soccer, Constitution’s 70th Anniversary

By the Italian Mint …… The 70th Anniversary of the Italian Constitution and the final phase of the “FIFA World Cup Russia 2018” 21st world championships are the themes that characterize the first numismatic issues of the Italian State Mint. The two commemorative coins (featuring face values of 5 and 2 euros) dedicated to the […]

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CoinWeek News Wire for December 29, 2017: Fake $100s, What is Crypto, Trump Challenge Coin

By Coinweek …. CoinWeek News Wire for December 29, 2017 Brain Food 1.) The economics of the Bitcoin payment system Unlike other payment systems, Bitcoin is a two-sided platform with pre-specified rules. Its two main constituencies are the users who hold balances and engage in electronic transactions, and miners who maintain the system’s infrastructure. A […]

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New 2 Euro Bimetallic Coin Commemorates St. Mark’s Basilica in Venice

Celebrating the 400th Anniversary of the completion of  St. Mark’s Basilica in Venice By Instituto Poligrafico & Zecca Dello Stato (IPZS) …… The most famous and impressive monument in Venice is St. Mark’s Basilica , one of the finest examples of Byzantine architecture and a real symbol of the greatness of the “Serenissima” or the […]

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CoinWeek News Wire for June 30, 2017

By Coinweek …. CoinWeek News Wire for June 30, 2017 Brain Food 1.) Making Cents of Currency’s Ancient Rise Objects that occurred rarely in nature and whose circulation could be efficiently controlled emerged as units of value for interactions and exchange. These included shells such as mother-of-pearl that were widely circulated in the Americas and […]

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CoinWeek News Wire for June 30, 2017

By Coinweek …. CoinWeek News Wire for June 30, 2017 Brain Food 1.) Making Cents of Currency’s Ancient Rise Objects that occurred rarely in nature and whose circulation could be efficiently controlled emerged as units of value for interactions and exchange. These included shells such as mother-of-pearl that were widely circulated in the Americas and […]

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Modern World Coins – Romania Celebrates 10 Years in EU with New Commemoratives

By National Bank of Romania …… As of 19 June 2017, the National Bank of Romania has entered into circulation a set of three coins (gold, silver and copper-plated tombac) and a brass collector coin for numismatic purposes, along with a brass commemorative circulation coin, dedicated to the anniversary of 10 years since Romania’s accession […]

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Winning Design Chosen for Baltic State 2 Euro Bimetallic Commemorative Coin

By Bank of Latvia …. The work by Lithuanian designer Justas Petrulis, i.e. a symbolic plait in which the fates of the three Baltic sisters intertwine, will turn into the common Baltic 2 euro commemorative coin dedicated to the 100th anniversary of the Baltic States. This design received the most votes in the public survey […]

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World Paper Money – New €50 Note Now in Circulation

By European Central Bank ….. Fourth new banknote in ‘Europa Series’ Enhanced security features to offer better protection against counterfeits Notes can be checked using Feel, Look, Tilt method The new €50 banknote is now in circulation across the euro area as of 4 April. The note is the fourth in the ‘Europa series’ of […]

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Precious Metals Markets – Gold Continues to Hold Steady

Commentary for Tuesday, February 21, 2017 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc …… Gold closed virtually unchanged today down $0.20 at $1,238.90. It lost ground in early trading and at one point reaching $1,227.00 before turning around – gaining back its lost ground despite a strong Dollar Index which […]

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World Coins – Bank of Malta Launches Silver Commemorative Coin Honoring European Council Presidency

By Central Bank of Malta …… On 12 January 2017 the Central Bank of Malta and MaltaPost are issuing a joint numismatic product to commemorate Malta’s first Presidency of the Council of the European Union. The product will consist of a silver coin and a silver foil stamp replica. The coin, struck at the Royal […]

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The Vienna Philharmonic Gold Bullion Coin and the Austrian Mint

By Ron Drzewucki – Modern Coin Wholesale …..   Question: Which bullion coins have face values denominated in euros? Well, let’s start by seeing how many European bullion coins are out there? You might expect Europe to be full of countries churning them out, but it’s not. You’ve got the United Kingdom, Russia, Ukraine and […]

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The Vienna Philharmonic Gold Bullion Coin and the Austrian Mint

By Ron Drzewucki – Modern Coin Wholesale ….. Question: Which bullion coins have face values denominated in euros? Well, let’s start by seeing how many European bullion coins are out there? You might expect Europe to be full of countries churning them out, but it’s not. You’ve got the United Kingdom, Russia, Ukraine and Austria. […]

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The Vienna Philharmonic Gold Bullion Coin and the Austrian Mint

By Ron Drzewucki – Modern Coin Wholesale ….. Question: Which bullion coins have face values denominated in euros? Well, let’s start by seeing how many European bullion coins are out there? You might expect Europe to be full of countries churning them out, but it’s not. You’ve got the United Kingdom, Russia, Ukraine and Austria. […]

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World Currency News – India Demonetizes 500 & 1,000 Rupee Banknotes

There was more than one surprise on election night… By CoinWeek Staff Reports …. While much of the world–and certainly much of the world’s press–was otherwise occupied on election day, shortly before midnight on Tuesday, November 8, Indian Prime Minister Narendra Modi announced that the Indian 500 rupee (Rs 500, or ₹500) and 1,000 rupee […]

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World Currency News – India Demonetizes 500 & 1,000 Rupee Banknotes

There was more than one surprise on election night… By CoinWeek Staff Reports …. While much of the world–and certainly much of the world’s press–was otherwise occupied on election day, shortly before midnight on Tuesday, November 8, Indian Prime Minister Narendra Modi announced that the Indian 500 rupee (Rs 500, or ₹500) and 1,000 rupee […]

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France 2016 François Mitterrand Centennial 2 Euro Coin

Description: The François Mitterrand France 2 Euro Centennial coin honors the Socialist Party icon who became the longest-serving president of France. Mitterrand led France from 1981 through 1995 and was the first president elected under the French Fifth Republic, a semi-presidential political system that was established in 1958 and is based on the republican constitution […]

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The Coin Analyst: 2016 World Coin Collector Sets Provide Jet-Setting Fun for Adventuresome Collectors

By Joshua McMorrow-Hernandez for CoinWeek.com …… Collecting world coin sets is a refreshing numismatic objective for hobbyists who enjoy pursuing coins with diverse themes from myriad geographic regions. The world coin sets of 2016 offer plenty of wonderful opportunities for collectors to get their hands on fascinating coins covering interesting topics with rich designs. While […]

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Germany 2016 Little Red Riding Hood 20 Euro Silver Coin

Description: LITTLE RED RIDING HOOD is one of the most popular children’s fairy tales, and now it is the subject of a 20-euro 2016 commemorative coin from Germany. The 20-euro Little Red Riding Hood German silver coin honors the centuries-old tale, which tells the story of a red-caped young girl who encounters a hungry wolf […]

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World Paper Money – Euro Banknote Counterfeiting Declines 1st Half 2016

By European Central Bank …..   331,000 counterfeit euro banknotes were withdrawn from circulation in the first half of 2016 Around 80% of the counterfeits were €20 and €50 banknotes All euro banknotes can be verified using the “feel, look and tilt” method Euro banknotes continue to be a trusted and safe means of payment […]

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Germany 2016 Nelly Sachs 125 Years 20 Euro Silver Coin

Description: The German 2016 Nelly Sachs 20 Euro Silver Commemorative Coin honors the 125th anniversary of the legendary Jewish poet’s birth. Born in Berlin on December 10, 1891, Sachs grew up in a wealthy family and enjoyed dancing, studied music, and wrote poetry during her childhood years. While she was gifted in the arts, her […]

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World Paper Money: European Central Bank Unveils New €50 Banknote

  By European Central Bank ….. New €50 banknote will start circulating on 4 April 2017 €50 is the most widely used euro banknote New secure banknotes underline Eurosystem’s commitment to cash The European Central Bank (ECB) today unveiled the new €50 banknote, which will enter into circulation on 4 April 2017. The introduction of […]

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International Euro Anti-Counterfeiting Conference Held March 24-27

By The European Central Bank, Directorate of General Communications…. The European Central Bank, Europol and the European Commission jointly organised the 3rd International Conference on the Protection of the Euro against Counterfeiting. The conference was held at the ECB’s new headquarters in Frankfurt am Main from 24 to 27 March 2015 and was the first […]

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