The Isle of Man Treasury has launched today (21st March) a crown coin celebrating the 10th anniversary of the European single currency. The EURO was issued as a virtual currency on the 1st January 1999 and as a physical currency on the 1st January 2002 in 12 member states of the European Union and involved the largest change-over for the largest number of people ever in history with more than 300 million European citizens taking part. To date, seventeen member states of the EU have adopted the EURO since its launch ten years ago.
The new one crown coin, struck by the Pobjoy Mint in the UK, features a rendition of the goddess Juno Moneta on the reverse. The design on the coin features a portrait of the Goddess interpreted from a classical statue. She is honored as such since the word “Money” comes from the Latin word moneo, meaning “to warn”, and is named after the Roman Goddess, Juno Moneta. Juno, in Roman mythology, was the wife of Jupiter and in this regard was considered the Queen of Gods and the most powerful goddess. She was originally the Goddess of marriage and childbirth, the protectress of women, the patroness of matronly virtues, and the patron Goddess of Rome. The first Roman mint was built adjacent to a temple erected in her memory and the coins, struck with the head of Juno Moneta on the face, were called ‘moneta’. She has since been considered the protector of money and the guardian of finances.
The obverse of the coin includes the commemorative double effigies of H.M. Queen Elizabeth II which was designed to celebrate her Diamond Jubilee year and shows a portrait of Her Majesty as she appears on current coins, along with a portrait of the Queen based on how she appeared on the first coins of her reign.
The coin is available as both a standard crown with a weight of 28 grams of sterling silver and a diameter of 38.6 mm and a half crown, with a weight of 14 grams, also with the same diameter. Both versions are issued in mintages of 10,000 pieces each. Two gold versions, a high relief strike with a weight of 31.103 grams and a diameter of 32.7 mm and a half gram (1/64th crown) coin with a diameter of 11 mm, are also available.
For more information on this and other coins issued by the Isle of Man Treasury, please visit the website of the Pobjoy Mint at: http://www.pobjoy.com/ukworld/section.php/815/0