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With the National Bank of Austria was celebrating its bicentenary in 2016, the Austrian Mint issued a 2 euro circulation coin in honour of the guardian of the Austrian currency. The bank has long been the official issuer of banknotes in Austria, but during its eventful history, it has also overseen the transition from the Gulden to the Crown, from the Schilling to the Reichsmark, and from the Schilling to the Euro.
The Oesterreichische Nationalbank was founded in 1816 by Francis I, the first Emperor of Austria. The bank was founded after a period of high currency devaluation in Austria during war times when paper money was issued by the Habsburg state. Today the National Bank of Austria helps shape the monetary policy of the Eurozone and safeguard price stability.
Date of issue: 18.01.2016
Obverse
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Mercury and Fortuna grace the main door of the National Bank of Austria in Vienna. An ornamental band hugging the bottom of the coin centre evokes the red-white-red pattern of the Austrian national flag, with hatched vertical lines symbolizing the colour red, as laid down in the rules of heraldic design. REPUBLIK ÖSTERREICH |
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Reverse
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A geographical map of Western Europe spans the outer ring and inner core on the right side of the coin. The inscription 2 EURO is superimposed over the map of Europe, with the numeral “2” located in an open field representing the eastern Atlantic Ocean. 2 EURO |
Edge |
The sequence "2 EURO ★★★" repeated four times alternately upright and inverted 2 EURO ★★★ 2 EURO ★★★ 2 EURO ★★★ 2 EURO ★★★ |
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Characteristics
Type | Commemorative Issue (Circulating) |
Material | Bi-Metallic |
Ring | Cupronickel |
Center | Nickel Brass |
Weight | 8.5 g |
Diameter | 25.75 mm |
Thickness | 2.2 mm |
Shape | round |
Alignment | Medal |
Mint |
Austrian Mint
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