10 Euro (Jozef Kroner) – Slovakia
Non-circulating coins
Commemoration: 100th Anniversary of the Birth of Jozef Kroner
Slovakia
Context
Year: 2024
Issuer: Slovakia 
Issuing organization: National Bank of Slovakia
Period:
(since 1993)
Currency:
(since 2009)
Total mintage: 15,000
Material
References
Numista: #407476
Value
Exchange value: 10 EUR = $11.81
Bullion value: $45.13
Inflation-adjusted value: 10.60 EUR
Obverse
Description:
The obverse features a film strip referencing Jozef Kroner's screen work. Its central frame shows his character Tóno Brtko from *The Shop on Main Street*. The left side has a theatrical mask, curtain, and stage, nodding to his theater career. The right side shows the Slovak coat of arms, the year '2024', the Kremnica Mint mark, and designer Tomáš Lamač's initials. "SLOVENSKO" is inscribed above, and "10 EURO" below.
Inscription:
SLOVENSKO
2024
10 EURO
TL
2024
10 EURO
TL
Script: Latin
Engraver: Dalibor Schmidt
Designer: Tomáš Lamač
Reverse
Description:
The reverse features a portrait of Jozef Kroner with his signature. To the left is his name, and to the right are his birth and death years (1924, 1998). A small cartoon fish near the bottom references his love of fishing.
Inscription:
JOZEF
KRONER
1924
1998
J. Kroner
KRONER
1924
1998
J. Kroner
Script: Latin
Engraver: Dalibor Schmidt
Designer: Tomáš Lamač
Edge
Lettered
Legend:
• SLOVENSKÝ DIVADELNÝ A FILMOVÝ HEREC • SPISOVATEĽ
Translation:
• SLOVAK THEATER AND FILM ACTOR • WRITER
Language: Slovak
Mints
| Name | Mark |
|---|---|
| Kremnica | (MK) |
Mintings
| Year | Mint Mark | Mintage | Quality | Collection |
|---|---|---|---|---|
| 2024 | MK | 4,500 | ||
| 2024 | MK | 10,500 | Proof |
Historical background
In 2024, Slovakia's currency situation is defined by its nearly two-decade membership in the Eurozone, having adopted the euro in 2009. As a result, the country does not have an independent monetary policy; its interest rates and broader monetary conditions are set by the European Central Bank (ECB) to suit the needs of the entire euro area. This framework provides Slovakia with significant benefits, including eliminated exchange rate risk within the Eurozone, enhanced trade and investment stability, and a historically strong anchor against inflation. However, it also means the Slovak economy must adjust to ECB policies that may not always align perfectly with its specific cyclical needs, such as differing inflation or growth rates compared to the Eurozone core.
The primary domestic focus in 2024 is on managing inflation's aftermath and supporting economic growth. After the significant inflationary surge of 2022-2023, driven by energy prices and supply chain issues, inflation in Slovakia has been gradually decelerating in line with the Eurozone trend. The ECB's restrictive monetary policy, maintained for much of 2023, aimed to curb this inflation, but also contributed to tighter financial conditions and higher borrowing costs for Slovak businesses and households. The key question for 2024 is the timing and pace of ECB interest rate cuts, which Slovakia anticipates to ease economic pressures and stimulate investment.
Looking ahead, Slovakia's currency stability is intrinsically linked to the euro's performance and the ECB's policy trajectory. Domestically, the government's fiscal policy and its ability to implement reforms under the EU's Recovery and Resilience Facility are crucial for maintaining investor confidence and economic competitiveness. Challenges remain, including a need for deeper economic convergence with Western Eurozone members and managing public debt. Nevertheless, the euro provides a stable monetary foundation, allowing national efforts to focus on structural reforms, energy security, and enhancing productivity to ensure long-term prosperity within the single currency union.
The primary domestic focus in 2024 is on managing inflation's aftermath and supporting economic growth. After the significant inflationary surge of 2022-2023, driven by energy prices and supply chain issues, inflation in Slovakia has been gradually decelerating in line with the Eurozone trend. The ECB's restrictive monetary policy, maintained for much of 2023, aimed to curb this inflation, but also contributed to tighter financial conditions and higher borrowing costs for Slovak businesses and households. The key question for 2024 is the timing and pace of ECB interest rate cuts, which Slovakia anticipates to ease economic pressures and stimulate investment.
Looking ahead, Slovakia's currency stability is intrinsically linked to the euro's performance and the ECB's policy trajectory. Domestically, the government's fiscal policy and its ability to implement reforms under the EU's Recovery and Resilience Facility are crucial for maintaining investor confidence and economic competitiveness. Challenges remain, including a need for deeper economic convergence with Western Eurozone members and managing public debt. Nevertheless, the euro provides a stable monetary foundation, allowing national efforts to focus on structural reforms, energy security, and enhancing productivity to ensure long-term prosperity within the single currency union.
💎 Extremely Rare