20 euro cent coin – Wikipedia

20 euro cent
European Union[1]
Value 0.20 euro
Mass 5.74 g
Diameter 22.25 mm
Thickness 2.14 mm
Edge plain but with seven broad indentations consistent with Spanish flower shape of the coin
Composition Nordic gold
Years of minting 1999
Design 24 variations, see below.
Designer Various
Design date Various
20 eurocent common 2007.jpg
Design Map of Europe with the denomination shown in Latin characters
Designer Luc Luycx
Design date 2007

Austria ‘s 20 euro penny mint The 20 euro cent coin ( €0.20 ) has a value of one fifth of a euro and is composed of an debase called nordic gold in the spanish flower shape. All coins have a common change by reversal side and country-specific national sides. The coin has been used since 2002, with the award common side design dating from 2007 .

history [edit ]

The mint dates from 2002, when euro coins and banknotes were introduced in the 12 penis eurozone and its related territories. The common slope was designed by Luc Luycx, a belgian artist who won a Europe-wide contest to design the fresh coins. The design of the 10 to 50 cent coins were intended to show offprint states of the European Union ( EU ), as opposed to the one and two euro coins showing the 15 states as one and the 1 to 5 penny coins showing the EU ‘s station in the global. The national sides, then 15 ( eurozone + Monaco, San Marino and the Vatican who could mint their own ) were each designed according to national competitions, though to specifications which applied to all coins such as the requirement of including twelve stars ( see euro coins for more ). National designs were not allowed to change until the end of 2008, unless a monarch ( whose portrayal normally appears on the coins ) dies or abdicates. This happened in Monaco and the Vatican City resulting in three new designs in circulation ( the Vatican had an interim design until the raw Pope was selected ). National designs have seen some changes due to raw rules stating that national designs should include the name of the publish country ( Finland and Belgium both do not show their name, and therefore have made minor changes ).

As the EU ‘s membership has since expanded in 2004 and 2007, with far expansions envisaged, the common grimace of all euro coins from the measure of 10 cent and above were redesigned in 2007 to show a new map. This map showed Europe, not just the EU, as one continuous landmass, however Cyprus was moved west as the map cut off after the Bosporus ( which was seen as excluding Turkey for political reasons ). The redesign in 2007, preferably than in 2004, was because 2007 saw the first base expansion of the eurozone : the entrance of Slovenia. Hence, the slovenian design was added to the designs in circulation. Two more designs were added in 2008 with the entrance of Cyprus and Malta and another one in 2009 with Slovakia, and two more for Estonia and Latvia were added in 2011 and 2014, respectively. Lithuania in 2015 .

design [edit ]

edge of all 20 euro penny coins The greek design of the 20 penny coin includes the appellation in greek letters . The lithuanian 20 euro cent mint The estonian 20 euro cent coin Monaco ‘s coins were redesigned on the accession of Prince Albert The coins are composed of an debase called Nordic gold, with a diameter of 22.25 mm, a 2.14 millimeter thickness and a bulk of 5.74 grams. The coins ‘ edges are smooth with seven indentations from the coin ‘s “ spanish flower “ condition. The coins have been used from 2002, though some are dated 1999 which is the year the euro was created as a currency, but not put into cosmopolitan circulation.

reverse ( common ) side [edit ]

The rearward ( used from 2007 onwards ) was designed by Luc Luycx and displays a map of Europe on the left. The map does not include Iceland and cuts off on the proper through Russia ( at a channel from the Kandalaksha Gulf to the Bosphorus ). additionally, Cyprus is moved westbound under Crete in arrange to include it and Malta is shown as disproportionally large so that it shows up. The map is flat and degree with most of the coin and the sea is shown as an indentation. Six fine lines cut through the ocean, breaking when passing through the map, and at their ends at the top and bottomland are twelve stars ( reflective of the flag of Europe ). To the right, in raised inscription, is “ 20 Euro Cent ” with the ’20 ‘ being shown much larger than the words. The graphic designer ‘s initials, LL, appear next to the 0 in 20. Luc Luycx designed the original coin, which was much the lapp except the invention was merely of the then 15 members and shown with gaps between the states and raised preferably than with an indent sea .

Obverse ( national ) sides [edit ]

The obverse slope of the coin depends on the issue country. All have to include twelve stars ( in most cases a circle around the boundary ), the engraver ‘s initials and the year of publish. New designs besides have to include the name or initials of the issue nation. The side can not repeat the denomination of the coin unless the issue state uses an rudiment other than Latin ( presently, Greece is the alone such area hence they engrave “ 20 ΛΕΠΤΑ ” upon their coins ) .

Planned designs [edit ]

Austria, Germany and Greece will besides at some point need to update their designs to comply with guidelines stating they must include the issuing state ‘s appoint or initial. Austria will besides have to remove the denomination of the mint from its design, Greece is excuse from this prerequisite as it uses a non-Latin rudiment.

In summation, there are several EU states that have not so far adopted the euro. While some of them have already agreed upon their coin designs, these are not yet minted as it is not known precisely when they will adopt the currentness. See enlargement of the Eurozone for expected submission dates of these countries .

References [edit ]

  1. ^Institutions and the members of the Eurozone
source : https://ontopwiki.com
Category : Finance

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