Ella Karapetyan, The Baltic Times
TALLINN - As the Republic of Estonia prepares for the adoption of the euro on Jan. 1, 2011, the Mint of Finland has announced that coin production for the Estonian version of the single currency has begun.
Estonia is now the eighth country for which the Mint of Finland produces euro coins. They have been producing Estonian collector coins since 2004. The Mint’s Managing Director Paul Gustafsson commented, “No other mint in the world produces euro coins for as many different countries as the Mint of Finland.”
The Mint of Finland won the tender for euro coin production, which was organized by the Central Bank of Estonia in 2005.The order is for about 600 tons of euro coins, or 194 million coins. The value of the order has not been disclosed.
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Minting of euro coins gets under way