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The competition for the design of the national side of Slovakian euro coins.
Statement from the 20th Meeting of the Bank Board of the National Bank of Slovakia
The 20th Meeting of the Bank Board of the National Bank of Slovakia, chaired by Governor Ivan Šramko, was held on 29 April 2005.
The Bank Board of the NBS discussed the Situation Report on the Monetary Development of Slovakia in March 2005 and decided on leaving its interest rates unchanged; i.e. the overnight sterilization rate at 2.00 %, the overnight refinancing rate at 4.00 % and the limit rate for two-week repo tenders with commercial banks at 3.00 %.
The Bank Board of the NBS approved the results of the first round of an anonymous tender for design of the Slovak national sides of the euro coins. The National Bank of Slovakia announced the tender in July last year, in connection with the preparations for the introduction of the euro on 1 January 2009. As the obverse of all eight euro coins is common, the tender was announced only for the reverse – national side of the coins. The tender was aimed at receiving as large as possible number of high quality designs as to their message and artistic expression, which would best present the rich history and exceptional cultural and natural values of Slovakia and be comprehensible both for the Slovak and other EU citizens.
In the first round 658 designs with various motifs were judged. Along with experts from the National Bank of Slovakia, experts from scientific and cultural institutions of the Slovak Republic and representatives of graphic artists participated in the evaluation process. 36 designs were selected for the second round. Their designers will be asked to create plaster models of the coins. The selected designs depict 17 motifs, which best represent personalities, architecture, symbolic elements, and other artefacts characteristic for the historic and cultural heritage of Slovakia.
In the second round of the tender, the plaster models of coins will be judged. In November 2005, the National Bank of Slovakia will publish the best designs in the mass media. Citizens then may express their opinion on the models via public opinion polls, and so influence the future design of the Slovak national sides of the euro coins.
The Bank Board of the NBS also discussed the Report on Money in Circulation in the Slovak Republic in 2004. The report confirms that the value of money in circulation at the end of 2004 was SKK 109.9 billion, and the total money in circulation issued by the National Bank of Slovakia comprised 1.17 billion banknotes and coins, i.e. 145.6 million banknotes and 1.02 billion coins, and 795 thousand commemorative coins. The average value of money in circulation per capita was SKK 20,427.00, which was SKK 1,299 higher than in 2003. In 2004, the total number of counterfeit Slovak koruna and foreign currency banknotes found in Slovakia was 1,223. The highest amount of counterfeit money was formed by the Slovak koruna (67%), the US dollar (21.5%) and the euro (8.4%). Almost two thirds of counterfeits were detected directly in circulation by banks and security agencies processing money from supermarket chains. Although the amount of counterfeit money increased by more than one fourth when compared with 2003, in the course of the 12 years of the existence of the National Bank of Slovakia it was the third lowest yearly number of detected counterfeits.
The Bank Board concluded that the circulation of money throughout the year was smooth and the quality of money in circulation was sufficient.
Igor Barat
Spokesman of the NBS
Source: www.nbs.sk/PRESS/BB290405.HTM
The National Bank of Slovakia publish the best designs. Citizens then may express their opinion on the models via public opinion polls, and so influence the future design of the Slovak national sides of the euro coins.
1. Dvojkríž na trojvrší
2. Keltská minca Biatec
3. Kríž z Veľkej Mače
4. Bratislavský hrad
5. Panenská veža hradu Devín
6. Spišský hrad
7. Kriváň
8. Madona s Ježiškom z Kremnice
9. Madona s Ježiškom z hlavného oltára farského kostola v Levoči od
Majstra Pavla
10. Sv. Cyril a sv. Metod
Source: The Slovakian competition regarding the national side of the euro (was: http://hlasovanie.nbs.sk/)
| Poradie |
Číslo a názov návrhu |
Počet hlasov |
| 1. | 1. Dvojkríž na trojvrší | 33 068 |
| 2. | 7. Kriváň | 24 589 |
| 3. | 4. Bratislavský hrad | 21 792 |
| 4. | 6. Spišský hrad | 14 962 |
| 5. | 10. Sv. Cyril a sv. Metod | 13 204 |
| 6. | 3. Kríž z Veľkej Mače | 7 340 |
| 7. | 8. Madona s Ježiškom z Kremnice | 7 138 |
| 8. | 5. Panenská veža hradu Devín | 6 424 |
| 9. | 9. Madona s Ježiškom z hl. oltára farského kostola v Levoči | 6 203 |
| 10. | 2. Keltská minca Biatec | 5 933 |
| Súčet všetkých hlasov | 140 653 | |
Source: The result of the Slovakian competition regarding the national side of the euro
The top 3 designs will be used for the 8 euro coins.
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Source: The Slovakian national side of the euro
The competition for the design of the national side of Slovakian euro coins.
Last update: 21-12-2005
by: Lex Liesemeijer
www.eurocoins.liesemeijer.com
