Saturday, December 9, 2023

This is Princess Leonor’s 40 euro coin for her 18th birthday

Princess Leonor turned 18 and swore to the Constitution in a solemn ceremony at the Congress of Deputies. Because of this, the National Mint and Stamp Factory (FNMT) will issue a coin with the face of the firstborn of the kings, heir to the Crown and future queen of Spain.

That’s right, Princess Leonor will have her collector’s coin when she comes of age. As European royal houses usually do to celebrate commemorative events.

According to the order published in the Official Gazette of the State (BOE), the coins will be produced for the State by the Royal Mint and then sent to the Bank of Spain.

Once sent, “the coins will be available to the public, in which there is collaboration with credit institutions, the National Mint and Stamp Factory-Royal Mint and other public and private entities.”

These copies with Leonor’s face will remain in the Bank of Spain, and it will give them to those who are interested. For this process, you must ask them in advance of the financial entities to request the coin collection. In addition, the Factory will deliver the document that must be presented later to the Bank of Spain for the delivery of the parts. This is not done directly by the Bank of Spain.

Date and value of circulation

At the moment the FNMT does not give an exact date for its acquisition, but as published by the BOE, the “initial date of issuance of the coins will take place in the fourth quarter of 2023”, so the coins will go to circulation before. end of the year.

Since the financial entities themselves are responsible for handling requests to the Bank of Spain, the best option to access these Leonor coins is to ask the interested party’s own bank , or other entity to determine the conditions. .

The face value of Princess Leonor’s coin is 40 euros. This is the value it gives to the printing house, in this case, the Royal Mint – or National Mint and Stamp Factory – but its real value is “symbolic”; In other words, you cannot pay anything (not even 40 euros or less) in this currency.

The Bank of Spain and the Factory itself and the designated public and private credit institutions that can distribute this money can sell it “for the same face value in which they were issued” , that is, their official selling price will be 40 euros.

Part details

The specimen will be made of 925 thousand silver, the rest copper. It weighs 18 grams and has a diameter of 33 millimeters, with a round shape with a smooth edge. On the obverse, the effigy of the Princess of Asturias is reproduced, while on the top appears the legend “FELIPE VI KING OF SPAIN” and the year of minting 2023, separated by a hyphen.

At the bottom of the piece, in a circle and in large letters, the legend “PRINCESS LEONOR” appears. The two texts appear to be separated by an interpretation of the Victory Cross. A pearl pattern surrounds the motifs and legends of this new coin.

For its part, on the back the Coat of Arms of the Princess of Asturias is reproduced in color. On the right is the face value (40 EURO) and, within a circle, in the form of a quadruple latent image, is visible the Victory Cross, the Mint mark, a royal crown and the number 23. Below in The piece bears the mark of Ceca. “Around the central area, in a downward circular direction and in large letters, appears the legend ’18TH ANNIVERSARY OF THE PRINCESS OF ASTURIAS'”.

World Nation News Desk
World Nation News Desk
World Nation News is a digital news portal website. Which provides important and latest breaking news updates to our audience in an effective and efficient ways, like world’s top stories, entertainment, sports, technology and much more news.
Latest news
Related news