Portugal plans to issue Red Cross, Timor discovery circulating €2 coins

Mint announces themes for coins during World Money Fair in Berlin
By , Coin World
Published : 02/15/15
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Portugal will issue circulating commemorative €2 coins in 2015 to celebrate the 150th anniversary of the nation’s Red Cross agency and the 500th anniversary of the first contact with Timor by Portuguese explorers.

The obverse of Red Cross coin, designed by Antonio Marinho, shows a hand reaching out with the famous Red Cross symbol stylized into a pattern. Legends in Portuguese encircle the design.

The Red Cross coin is expected to be released in April. It will have a mintage limit of 500,000 pieces. Two special collector versions will be issued, in Brilliant Uncirculated and Proof, with 10,000 mintage each.

Timor is an island in Southeast Asia, that is divided between East Timor and a portion of Indonesia. 

The Timor coin shows a sailing vessel from Portugal paired with an image representing Timor, possibly showing a wooden carving. 

The year dates and each nation’s names fill the central design on the obverse. 

READ MORE WORLD MONEY FAIR COVERAGE HERE

Fernando Fonseca designed the obverse of the the Timor coin, which is scheduled for release in July, with the same mintage limits and special version as the Red Cross coin.

The ringed-bimetallic €2 coin has a copper-nickel core and copper-aluminum-nickel ring.

The coin’s outer ring depicts the 12 stars of the European flag. The common reverse shows a map of the European Union.

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