NUMISMATIC & COIN COLLECTING BASICS - COIN WORLD
Coins honor new Dutch king: Available to mark inauguration
- Published: May 3, 2013, 8 PM
Just in time for the inauguration of a new monarch, the Royal Dutch Mint has begun selling coins commemorating the incoming king.
Willem-Alexander will be the Netherlands’ first king in more than a century after his inauguration on April 30. As crown prince, he replaces his abdicating mother, Queen Beatrix.
The Dutch Ministry of Finance authorized three coins to mark the event: a silver-plated copper €10 coin, a .925 fine silver €10 piece and a .999 fine gold €50 coin.
The coins share the same basic designs but the denomination inscriptions differ.
The obverse shows the new king as though observing an audience, with the observed audience appearing on the coin’s reverse.
A banner design element “connecting” both sides bears the legend JE MAINTIENDRAI (“I will uphold”). The design, by artists Persijn Broersen and Margit Lukács, reflects three elements that will be important throughout the king’s reign, according to the Royal Dutch Mint: uniting, representing and encouraging.
The silver-plated copper coin is available in Uncirculated condition at face value either individually placed within a coin card or in a 20-coin roll, and also in a Brilliant Uncirculated version, in a coin card, for €15.
The Uncirculated coin is a circulation-quality example, while the blanks for the BU coins are washed and produced with new dies, according to Sander Knol, product manager at the Royal Dutch Mint. Knol would not respond to questions about the dies for the Uncirculated coins. The BU coins are also packaged in a numbered coin card, while the coin cards with Uncirculated examples are not numbered.
Both silver-plated copper €10 coins weigh 15.5 grams and measure 33 millimeters in diameter. All versions of the silver-plated copper €10 coins are limited to a total combined mintage of 400,000 pieces, regardless of packaging option or finish. Of that total mintage, 15,000 pieces are allocated for the BU version.
The Proof .925 fine silver €10 coin weighs 25 grams, measures 38 millimeters in diameter and has a mintage limit of 12,500 pieces. The Proof .900 fine gold €20 coin weighs 8.5 grams, measures 25 millimeters in diameter and has a mintage limit of 2,500 pieces.
Multiple special coin sets will include the commemorative coins. Details are available at the Royal Dutch Mint website, www.knm.nl.
The Uncirculated version is available beginning May 1, with the BU silver-plated copper coin and the Proof silver and gold coins available beginning in mid-May.
U.S.-based distributor Coin & Currency Institute plans to sell some of the coins once they are delivered after release. CCI will offer the Uncirculated silver-plated copper coin priced at $29.50, the silver coin at $77.50 and the gold coin at $697.