Thursday, April 8, 2010

Royal Spanish Mint Honour 2010 EU Presidency With Commemorative Silver Coin

The celebrate the country of Spain being appoined as joint president of the EU in 2010, the Royal Spanish Mint have produced this lasting tribute coin struck in high quality silver proof.

Spain 2010 10€ EU Presidency Silver Proof

The presidency is in some regards executed in a shared manner in order to cope with the rather short six month term of the presidency. Three successive presidents forming a "triple-shared presidency" work together over a 1.5 year period to accomplish a common agenda by the current president simply continuing the work of the previous "lead-president" after the end of his/her term. This process also allows new member states to hold the presidency sooner, and at the same time the triplets are arranged so that, in each of them, there are both new and old member states, with the assumption that the old member states will pass their experience to the co-presidency new-members. Spain will share EU presidential duties with both Belgium and Hungary over the 18 month period from January 2010 until June 2011.

The reverse bears a central depiction of a column with interlaced lines symbolizing a coming together of flags. The area above this features the logotype created for the Spain/Belgium/Hungary team presidency, shaped with the lower-case letters "eu". Around the rim of the coin to the left is the commemoration inscription, while to the right is the nominal face value of 10 Euro and the 12 stars of the EU in a spiral pattern. The obverse carries the familiar effigy of His Majesty King Juan Carlos, together with his name and title and the year of issue.

This historic silver coin release is presented in the official blue Royal Spanish Mint jewel case and is accompanied with an individually numbered Certificate of Authenticity attesting to the limited mintage of just 10,000 coins issued worldwide.

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