Logo Title
obverse
reverse
Mike Bentley CC BY-NC
Belgium
Context
Years: 2014–2025
Issuer: Belgium Issuer flag
Ruler: Philippe
Currency:
(since 2002)
Total mintage: 324,750
Material
Diameter: 23.25 mm
Weight: 7.5 g
Thickness: 2.33 mm
Shape: Round
Composition: Bimetallic (Copper-nickel clad center, Nickel brass ring)
Technique: Milled
Alignment: Medal alignment
Obverse
OBVERSE ↑
flip
Reverse
REVERSE ↑
References
KM: #Click to copy to clipboard337
Numista: #56036
Value
Exchange value: 1 EUR = $1.18
Inflation-adjusted value: 1.30 EUR

Obverse

Description:
King Philip's profile, with his crowned "PF" monogram and "BE" above the year. EU stars surround the design.
Inscription:
FP

BE

2014
Script: Latin
Engraver: Luc Luycx

Reverse

Description:
King Philippe Léopold Louis Marie facing right.
Inscription:
1 EURO

LL
Script: Latin
Engraver: Luc Luycx

Edge

Segmentedly reeded


Mintings

YearMint MarkMintageQualityCollection
201478,000BU
20141,500Proof
201545,000BU
20151,250Proof
201645,000BU
20161,000Proof
201720,000BU
20171,000Proof
201847,000BU
2018750Proof
201927,000BU
20191,500Proof
20201,000Proof
202020,000BU
202113,000BU
2021750Proof
2022500Proof
202213,000BU
2023BU
2023500Proof
20246,000BU
2024500Proof
2025BU
2025500Proof

Historical background

In 2014, Belgium, as a founding member of the Eurozone, had fully integrated the euro as its national currency for over a decade, having adopted it for cash transactions in 2002. The currency situation was therefore stable and defined by its participation in the single currency, governed by the European Central Bank (ECB). The primary monetary policy focus, both for Belgium and the Eurozone as a whole, was combating persistently low inflation, which had fallen to a "danger zone" below 1%, raising concerns about deflationary risks that could stifle economic growth and increase debt burdens.

Domestically, the Belgian economy and its currency stability were influenced by the country's high public debt, which remained above 100% of GDP. This necessitated careful fiscal management to maintain market confidence and avoid any sovereign debt pressures that could indirectly affect perceptions of the euro's strength. However, Belgium's strong institutional framework and its role as the host to key EU institutions provided a stabilizing effect, ensuring its voice was heard in broader ECB policy debates aimed at stimulating the Eurozone economy.

The year was also marked by significant preparatory discussions at the Eurozone level, which would directly impact Belgium. The ECB, under President Mario Draghi, was moving towards unprecedented monetary stimulus, culminating in the announcement of a large-scale quantitative easing (QE) program in early 2015. Throughout 2014, Belgium, as part of the Eurosystem, was involved in these critical negotiations, balancing the need for economic stimulus with national concerns, all within the secure framework of a shared and stable currency.
🌱 Common