10 Euro (Andrej Sládkovič) – Slovakia
Non-circulating coins
Commemoration: 200th anniversary of the birth of Andrej Sládkovič
Slovakia
Context
Material
References
KM: #Click to copy to clipboard173
Numista: #221980
Value
Exchange value: 10 EUR = $11.81
Bullion value: $45.13
Inflation-adjusted value: 13.93 EUR
Obverse
Description:
The obverse features a floral silhouette of Marína from Sládkovič's work, with the Slovak coat of arms to the right. "SLOVENSKO 2020" is below, and "10 EURO" is above. The Kremnica Mint mark (MK) and designer Karol Ličko's initials (KL) are also included.
Inscription:
10 EURO
SLOVENSKO 2020
SLOVENSKO 2020
Translation:
SLOVAKIA 2020
10 EURO
10 EURO
Script: Latin
Engraver: Dalibor Schmidt
Designer: Karol Ličko
Reverse
Description:
The reverse features a portrait of Andrej Sládkovič with his facsimile signature. His first name "ANDREJ" is along the left edge, his surname "SLÁDKOVIČ" along the upper right, and his birth and death years are to the right of the portrait.
Inscription:
ANDREJ SLÁDKOVIČ
1820
1872
1820
1872
Translation:
ANDREJ SLÁDKOVIČ
1820
1872
1820
1872
Script: Latin
Engraver: Dalibor Schmidt
Designer: Karol Ličko
Edge
Lettering
Legend:
KTO LÁSKE A KRÁSE ŽIJE, VEČNE ZOSTANE MLADÝ
Translation:
Who lives for love and beauty, remains eternally young.
Language: Slovak
Categories
| Symbols> Coat of Arms |
| Art> Literature |
| Event> Birth anniversary |
| Person> Artist |
| Plants> Flower |
Mints
| Name | Mark |
|---|---|
| Kremnica | — |
Mintings
| Year | Mint Mark | Mintage | Quality | Collection |
|---|---|---|---|---|
| 2020 | — | 2,800 | ||
| 2020 | — | 6,350 | Proof |
Historical background
In 2020, Slovakia was a well-established member of the Eurozone, having adopted the euro as its official currency on January 1, 2009. Therefore, the country did not have an independent national currency policy; its monetary policy was set by the European Central Bank (ECB) in Frankfurt. The primary currency-related discussions within Slovakia that year were not about exchange rates or devaluation, but focused on broader Eurozone fiscal and monetary responses to the economic crisis triggered by the COVID-19 pandemic. Slovak authorities, like their Eurozone partners, were concerned with ensuring sufficient liquidity and supportive measures from the ECB.
The economic shock of the pandemic dominated the financial landscape. Slovakia's GDP contracted significantly, leading to increased public spending to support businesses and households. A key currency-adjacent issue was Slovakia's participation in the EU's recovery fund (NextGenerationEU) and the debate over common European debt issuance, which some Slovak political figures viewed cautiously. Domestically, there were no serious political movements to leave the euro, as the currency was generally seen as providing stability during the global turmoil, shielding the small, open economy from the speculative pressures it might have faced with its former currency, the koruna.
However, the year was not without currency-related events. In 2020, Slovakia began issuing a new series of euro banknotes (the "Europa series") into circulation, a process of modernizing security features that was ongoing across the Eurozone. Furthermore, as a member of the ECB Governing Council, the Governor of the National Bank of Slovakia, Peter Kažimír, was involved in critical decisions, including the launch of the €1.35 trillion Pandemic Emergency Purchase Programme (PEPP) to stabilize the euro area economy. Thus, Slovakia's currency situation in 2020 was characterized by its integrated role in the collective Eurozone effort to mitigate a severe economic downturn.
The economic shock of the pandemic dominated the financial landscape. Slovakia's GDP contracted significantly, leading to increased public spending to support businesses and households. A key currency-adjacent issue was Slovakia's participation in the EU's recovery fund (NextGenerationEU) and the debate over common European debt issuance, which some Slovak political figures viewed cautiously. Domestically, there were no serious political movements to leave the euro, as the currency was generally seen as providing stability during the global turmoil, shielding the small, open economy from the speculative pressures it might have faced with its former currency, the koruna.
However, the year was not without currency-related events. In 2020, Slovakia began issuing a new series of euro banknotes (the "Europa series") into circulation, a process of modernizing security features that was ongoing across the Eurozone. Furthermore, as a member of the ECB Governing Council, the Governor of the National Bank of Slovakia, Peter Kažimír, was involved in critical decisions, including the launch of the €1.35 trillion Pandemic Emergency Purchase Programme (PEPP) to stabilize the euro area economy. Thus, Slovakia's currency situation in 2020 was characterized by its integrated role in the collective Eurozone effort to mitigate a severe economic downturn.
💎 Very Rare