10 Euro (Maximilian Hell) – Slovakia
Non-circulating coins
Commemoration: 300th anniversary of the birth of Maximilian Hell
Slovakia
Context
Material
References
KM: #Click to copy to clipboard172
Numista: #224606
Value
Exchange value: 10 EUR = $11.81
Bullion value: $47.98
Inflation-adjusted value: 13.93 EUR
Obverse
Description:
The obverse features astronomer Father Hell using a telescope under a starry sky. It includes the Slovak coat of arms, the denomination "10 EURO," the country name "SLOVENSKO," the year "2020," the designer's initials "KL," and the Kremnica Mint mark "MK."
Inscription:
SLOVENSKO 2020
10 EURO
10 EURO
Translation:
Slovakia 2020
10 Euro
10 Euro
Script: Latin
Language: Slovak
Engraver: Dalibor Schmidt
Designer: Karol Ličko
Reverse
Description:
The reverse shows Father Hell in Arctic travel attire on the right, observing the transit of Venus, depicted on the left above shining stars. The stars contain his birth year '1720' and death year '1792'. The name 'MAXIMILIÁN HELL' runs along the left edge.
Inscription:
MAXIMILIÁN HELL
1720
1792
1720
1792
Translation:
Maximilian Hell
1720
1792
1720
1792
Script: Latin
Engraver: Dalibor Schmidt
Designer: Karol Ličko
Edge
Lettering
Legend:
PRIEKOPNÍK MODERNEJ ASTRONOMICKEJ VEDY
Translation:
Pioneer of modern astronomical science
Language: Slovak
Categories
| Symbols> Coat of Arms |
| Space |
| Event> Birth anniversary |
| Person> Explorer |
| Person> Scientist |
| Science |
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