Euro gold and silver commemorative coins (Belgium)

Kingdom of Belgium
(in Dutch) Koninkrijk België
(in French) Royaume de Belgique
(in German) Königreich Belgien
Location of Belgium
ISO 3166 codeBE

Euro gold and silver commemorative coins are special euro coins minted and issued by member states of the Eurozone, mainly in gold and silver, although other precious metals are also used in rare occasions. Belgium was one of the first twelve countries in the Eurozone that introduced the euro (€) on 1 January 2002. Since then, the Belgian Royal Mint have been minting both normal issues of Belgian euro coins, which are intended for circulation, and commemorative euro coins in gold and silver.

These special coins are only legal tender in Belgium, unlike the normal issues of the Belgian euro coins, which are legal tender in every country of the Eurozone. This means that the commemorative coins made of gold and silver cannot be used as money in other countries. Furthermore, as their bullion value[1] generally vastly exceeds their face value, these coins are not intended to be used as means of payment at all—although it remains possible. For this reason, they are usually named Collectors' coins.

The coins usually commemorate the anniversaries of historical events or draw attention to current events of special importance. Belgium mints five of these coins on average per year, in both gold and silver, with face value ranging from 10 to 100 euros. All the coins were designed by Luc Luycx.

  1. ^ Precious metals in bulk form are known as bullion, and are traded on commodity markets. Bullion metals may be cast into ingots, or minted into coins. The defining attribute of bullion is that it is valued by its mass and purity rather than by a face value as money.

From Wikipedia, the free encyclopedia · View on Wikipedia

Developed by Nelliwinne