Central Bank issues €2 coin commemorating 1916

From today, the Central Bank is releasing 4.5 million commemorative 2 euro coins into general circulation to mark the centenary of the 1916 Rising and the Proclamation of the Irish Republic. These coins will also be available in a number of collectable products for sale. More information is available on centralbank.ie. 20/1/2016 Photo Rollingnews.ie/Central Bank
From today, the Central Bank is releasing 4.5 million commemorative 2 euro coins into general circulation to mark the centenary of the 1916 Rising and the Proclamation of the Irish Republic. These coins will also be available in a number of collectable products for sale. Photo Rollingnews.ie/Central Bank

The Central Bank has issued a new €2 coin to commemorate the 1916 Rising.

The bank said this marks the first time that Ireland has released its own commemorative €2 coin marking an Irish event.

A total of 4.5 million coins will be issued.

The new coin features a representation of the statue of Hibernia on top of the GPO, the centenary dates and the name “Hibernia” in lettering influenced by the Book of Kells.

Central Bank issues €2 coin commemorating 1916
Central Bank Governor, Philip Lane, holding the commemorative 2 euro coin, Photo Rollingnews.ie/Central Bank

“It’s a significant achievement for us to mint and issue our own circulating commemorative coin,” commented Paul Molumby, Director of Currency and Facilities Management at the Central Bank.

Mr Molumby said the Central Bank is working with the banks, An Post, and the cash in transit companies to get the coin into circulation as soon as possible.

“Members of the public can expect to see the coins in the coming weeks as they come into general circulation,” he added.

The design for the new coin, by Emmet Mullins, was chosen following a competition that saw 52 Irish and international designers submit proposals based on the Proclamation of the Irish Republic.

There are two separate coin designs. Mullins’ design is the first to be issued.

This circulating €2 coin will also be included in a proof set and an annual mint set.

Central Bank issues €2 coin commemorating 1916
Michael Guilfoyle’s design

The second will be used for the Central Bank’s gold and silver proof collector coins which will be available in March 2016.

The winning design for the proof silver and gold collector coins is by Michael Guilfoyle. His design commemorates the 100th anniversary of the Proclamation of the Irish Republic.

On this coin Hibernia features along with an arrangement of key words and phrases from the Proclamation.

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