Eesti Pank gave Ukraine 350,000 euros from the sales of euro coin cards
- September 03, 2022
- by
- Pierre
Eesti Pank (Estonia Central Bank) marked Ukrainian independence day by transferring the first 354,117 euros received from sales of the coin card with the two-euro coin dedicated to Ukraine and Freedom to the Ukrainian central bank as part of its partnership project. Over 25,000 coin cards have been sold so far.
Purchases of the coin card with the two-euro coin for Ukraine have come most from Estonia, Germany, Lithuania, Ukraine, France, Finland, Latvia, Spain, the USA, Slovakia and Italy.
Eesti Pank put a total of 40,000 coin cards on sale at the start of July at a price of 18 euros, with the sales revenue from them going to support the Ukrainian central bank. The specially dedicated coin was designed by a young Ukrainian refugee studying at the Estonian Academy of arts, Daria Titova, and the coin card was designed by Vladimir Taiger. The two-euro coin with a special design features the words Slava Ukraini and shows a girl as a symbol of tenderness, protecting a bird in her hand.
Eesti Pank is transferring all of the sales revenue from the coin card, minus VAT and the costs of the retail chain, to the Ukrainian central bank. The transfer on Wednesday of 354,117 euros to the Ukrainian central bank was the first, but will not be the last as sales of the coin card continue.
The two-euro coin dedicated to Ukraine will enter general circulation at the end of this year. Eesti Pank is issuing a total of 2 million of the two-euro coins dedicated to Ukraine and Freedom into circulation. The central bank issued the coin card earlier so that it could send support to Ukraine in its fight for freedom as quickly as possible.
Sources: Eesti Pank and NUMISMAG.
