1 kroon coin (1934)

Estonian coin 1 kroon (1934) Estonia 1 6 g oz off 2.525 in off Smooth Cu92Al6Ni2 1934 K16 Coat of arms of Estonia Georg VestenbergKaunimmunt Eesti Vabariik 1 krooni 1934 http://www.kaunimmunt.ee/ Kaunimmunt 1 February 2013 https://web.archive.org/web/20120223053439/http://www.kaunimmunt.ee/ 2012-02-23 dead et 1934 Viking ship Günther Reindorff 25 March 1941 The 1 kroon coin was put in circulation from 1 August 1934 to 25 March 1941, during the first independence period of Estonia. The exact number of coins minted is not known, as part of the archives was destroyed in the war, but some data indicate that about 3,406,066 pieces were struck. During the budget year of 1935/1936, 1,586,000 additional 1 kroon coins were minted. Designed by graphic artist Günther Reindorff, it depicts the image of a 13th-century Viking cargo ship. Monetary reform With the Estonian monetary reform in January 1928 the law was changed as the Riigikogu had an amendment made to the law which stated that coins of 1 and 2 krooni could be minted in other metals, not only in silver as had been the case. As the silver coins of previous coinage had been too expensive, it was decided that this requirement would have to be eliminated. The corresponding change in the law came into effect on 24 March 1934.Eesti Bank EESTI KROON I 2010 Eesti Bank 21 http://www.eestipank.ee/sites/default/files/files/EestiPank/muuseum/buklett_eesti_raha_me_2013_est_www.pdf et 2020-03-08 2019-05-03 https://web.archive.org/web/20190503145114/https://www.eestipank.ee/sites/default/files/files/EestiPank/muuseum/buklett_eesti_raha_me_2013_est_www.pdf dead As published by the Riigi Teataja, the Economics Department of the Ministry of Finance of the Republic of Estonia announced that the Money Amendment Act (RT 30 of 1933) §§ 4 and 5, allowed the Economics Department of the Ministry of Finance to put in circulation the one-kroon coin as of 1 August 1934. The shape, dimensions, hardness, and metal composition amended within the meaning of the Act remained as such according to the law, but had yet to be approved by the government. On 25 November 1940, the Occupation of the Baltic states by the Soviet authorities put into circulation the ruble, and on 25 March 1941, three months before the outbreak of the war with the Third Reich, the Estonian crown was withdrawn from circulation. During the German (1941-1944) and Soviet (1944-1991) occupation of Estonia, foreign currency introduced by the occupiers remained in circulation.Eesti Bank EESTI KROON I 2010 Eesti Bank 23–24 et Designing As in the case of the Estonian Mark, the Bank of Estonia announced a competition for the design of new banknotes and coins to be held on 4 June 1926.Eesti Bank EESTI KROON I 2010 Eesti Bank 17 http://www.eestipank.ee/sites/default/files/files/EestiPank/muuseum/buklett_eesti_raha_me_2013_est_www.pdf et 2020-03-08 2019-05-03 https://web.archive.org/web/20190503145114/https://www.eestipank.ee/sites/default/files/files/EestiPank/muuseum/buklett_eesti_raha_me_2013_est_www.pdf dead The competition was attended by many well-known artists of the period such as Eduard Wiiralt, Peet Aren, Roman Nyman, and Nikolai Triik. The winner was graphic artist Günther Reindorff, who had already designed the coins for the Estonian mark. Coined in aluminum-bronze, the coin shows a golden color and weighs 6 grams (permissible error of ± 1%),Dotan Yossi Europe 1800-2005 2007 Sussex Academic Press 978-1898595496 30 https://books.google.com/books?id=JYbfLM3AIi4C&dq=1934+1+kroon&pg=PA30 has a diameter of 2.525 inches (± 0.5%), with value equivalent to 0.4032 grams of gold,Kooli Holstre Meenutusi Eesti kroonist http://holstrekool.blogspot.com.br/2011_02_01_archive.html Holstrekool 1 February 2013 being its edge smooth. The obverse of the coin bears in the center a large state seal, the coat of arms of Estonia, topped with an arc-shaped text which reads "Eesti Vabariik", and the year of issue "1934" at the bottom edge. The reverse depicts the Viking ship knarr (knorr) at sea,Moneta gallery coin museum Estonia 1 Kroon - Knorr http://www.moneta-coins.com/photopost/showphoto.php?photo=1406&title=estonia-1-kroonknorr&cat=646 Moneta 1 February 2013 dead https://web.archive.org/web/20131215182758/http://www.moneta-coins.com/photopost/showphoto.php?photo=1406&title=estonia-1-kroonknorr&cat=646 2013-12-15 under which the inscription 1 kroon appears.Keller A. Department of Economics of the Ministry of Finance 26 July 1934 Nr. 123/L. Coins with the same design were minted in 1990, but they are not legal tender, having been produced as souvenirs. One version is even less original, having a diameter of only 16 mm and on the front the inscription "Eesti" instead of "Eesti Vabariik".Coins of Estonia: At the threshold of the monetary reform http://unusualcoins.ee/Moneti%20Estonii/noname63-1.htm unusualcoins.ee 4 February 2013 October 2026 yes These coins are both made of gold as well as silver. Another re-issued version of the coin is about its original size, but the quality of the parts is much worse. In 2012, the 1934 one-kroon coin was voted "the prettiest coin ever to be in circulation in Estonia".1934 Kroon Crowned King of Coins in Contest http://news.err.ee/culture/77f5f597-4002-4110-9cb7-7e694b651c97 Eesti Rahvusringhääling 4 February 2013 See also Eesti kroon Commemorative coins of Estonia References Category:Numismatics Category:Currencies introduced in 1934 Category:Crown (currency) Category:Economic history of Estonia Category:Coins of Estonia