25 Euro (Slovak Republic) – Slovakia
Non-circulating coins
Commemoration: 25 Years of the Slovak Republic
Slovakia
Context
Material
Diameter: 40 mm
Weight: 31.1 g
Silver weight: 31.07 g
Shape: Round
Composition: 99.9% Silver
Standard: Silver ounce
Magnetic: No
Technique: Milled
Alignment: Medal alignment
flip
References
KM: #Click to copy to clipboard161
Numista: #131963
Value
Exchange value: 25 EUR = $29.54
Bullion value: $88.22
Inflation-adjusted value: 36.64 EUR
Obverse
Description:
The obverse shows the Czechoslovak flag transforming into the Slovak flag in a U-shape, symbolizing the Slovak Republic's establishment. Above is Bratislava Castle. Below, Charles Bridge and Kriváň Peak link the flags. "25 EURO" appears between them, with "SLOVENSKO 2018" at the lower right.
Inscription:
25 EURO
SLOVENSKO 2018
SLOVENSKO 2018
Translation:
SLOVAKIA 2018
25 EURO
25 EURO
Script: Latin
Engraver: Dalibor Schmidt
Reverse
Description:
The reverse symbolises Slovakia's EU and euro adoption with a portal arching over a map of Slovakia and a euro symbol, surrounded by EU stars. The inscription "25 ROKOV SLOVENSKEJ REPUBLIKY" curves along the left and bottom edges. Below the map is the date '1. 1. 1993', above which are the Kremnica Mint mark ('MK') and the designer Pavel Károly's initials ('PK').
Inscription:
25 ROKOV SLOVENSKEJ REPUBLIKY
1.1.1993
€
1.1.1993
€
Translation:
25 Years of the Slovak Republic
1.1.1993
€
1.1.1993
€
Script: Latin
Language: Slovak
Engraver: Dalibor Schmidt
Edge
Relief elements of ‘Čičmany village’ ornamentation
Categories
| Building> Castle or fortification |
| Event> Independence |
| Map |
Mints
| Name | Mark |
|---|---|
| Kremnica | — |
Mintings
| Year | Mint Mark | Mintage | Quality | Collection |
|---|---|---|---|---|
| 2018 | — | 6,900 | Proof | |
| 2018 | — | 3,200 |
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.
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.
💎 Very Rare