Logo Title
obverse
reverse
Národná Banka Slovenska

10 Euro (Czechoslovak Republic establishment) – Slovakia

Non-circulating coins
Commemoration: 100th anniversary of the establishment of the Czechoslovak Republic
Slovakia
Context
Year: 2018
Issuer: Slovakia Issuer flag
Period:
(since 1993)
Currency:
(since 2009)
Total mintage: 10,800
Material
Diameter: 34 mm
Weight: 18 g
Silver weight: 16.20 g
Thickness: 2.45 mm
Shape: Round
Composition: Silver (90% Silver, 10% Copper)
Magnetic: No
Technique: Milled
Alignment: Medal alignment
Obverse
OBVERSE ↑
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Reverse
REVERSE ↑
References
KM: #Click to copy to clipboard155
Numista: #166713
Value
Exchange value: 10 EUR = $11.81
Bullion value: $47.07
Inflation-adjusted value: 14.66 EUR

Obverse

Description:
Slovak and Czechoslovak coat of arms.
Inscription:
2018

SLOVENSKO

10

EURO
Translation:
2018

SLOVAKIA

10

EURO
Script: Latin
Languages: English, Slovak

Reverse

Inscription:
VZNIK ČESKOSLOVENSKEJ REPUBLIKY

28. OKTÓBER 1918
Translation:
Establishment of the Czechoslovak Republic

28 October 1918
Script: Latin
Language: Slovak

Edge


Mints

NameMark
Kremnica

Mintings

YearMint MarkMintageQualityCollection
20187,550Proof
20183,250

Historical background

In 2018, Slovakia was a well-established member of the Eurozone, having adopted the euro as its official currency on January 1, 2009. This move replaced the Slovak koruna (SKK) and integrated the country more deeply into the core of the European Union's economic and monetary framework. By 2018, the euro was a routine and accepted part of daily economic life, with a generation of Slovaks having grown up using only the common European currency. The country benefited from the stability, lower transaction costs, and enhanced trade that euro membership provided, particularly as a major exporter within the European single market.

The primary monetary policy for Slovakia in 2018 was set by the European Central Bank (ECB) in Frankfurt, not by a national bank. Slovakia's economic performance and inflation were thus influenced by ECB decisions aimed at the entire Eurozone. During this period, the ECB was maintaining historically low interest rates and a program of quantitative easing to stimulate the euro area economy following the sovereign debt crisis. For Slovakia, which enjoyed robust GDP growth (around 4% in 2018) and low unemployment, these accommodative policies contributed to rising wages and a booming real estate market, but also sparked some domestic concerns about potential overheating and housing affordability.

Domestically, there was no serious political movement or public debate in 2018 about leaving the euro, as support for the currency remained strong. The main financial discussions focused on national fiscal policy within the EU's rules, combating tax evasion, and managing the economic convergence with wealthier Western European nations. While some economists noted that the ECB's one-size-fits-all policy was perhaps too loose for Slovakia's strong cyclical position, the overall consensus was that the benefits of euro membership, including investment confidence and monetary stability, significantly outweighed any drawbacks. The currency situation was therefore one of stable integration, with Slovakia firmly embedded in the European monetary system.
💎 Extremely Rare