Logo Title
obverse
reverse
Národná Banka Slovenska

10 Euro (Jozef Murgaš) – Slovakia

Non-circulating coins
Commemoration: Jozef Murgaš - the 150th anniversary of the birth
Slovakia
Context
Year: 2014
Issuer: Slovakia Issuer flag
Period:
(since 1993)
Currency:
(since 2009)
Total mintage: 9,700
Material
Diameter: 34 mm
Weight: 18 g
Silver weight: 16.20 g
Thickness: 2.5 mm
Shape: Round
Composition: Silver (90% Silver, 10% Copper)
Magnetic: No
Technique: Milled
Alignment: Medal alignment
Obverse
OBVERSE ↑
flip
Reverse
REVERSE ↑
References
KM: #Click to copy to clipboard133
Numista: #56273
Value
Exchange value: 10 EUR = $11.81
Bullion value: $46.37
Inflation-adjusted value: 14.71 EUR

Obverse

Description:
Bust of Jozef Murgas
Inscription:
SLOVENSKO

2014
Script: Latin
Engraver: Dalibor Schmidt

Reverse

Description:
Slovak radio pylon with national emblem.
Inscription:
10 1864

EURO 1929

JOZEF

MURGAŠ
Translation:
EURO 1929

JOZEF

MURGAŠ
Script: Latin
Languages: Slovak, English
Engraver: Dalibor Schmidt

Edge

Plain with inscription
Legend:
PRIEKOPNIK BEZDRÔTOVEJ TELEGRAFIE
Translation:
Pioneer of Wireless Telegraphy
Language: Slovak

Mints

NameMark
Kremnica(MK)

Mintings

YearMint MarkMintageQualityCollection
2014MK3,400
2014MK6,300Proof

Historical background

In 2014, Slovakia was a stable member of the Eurozone, having adopted the euro as its official currency on January 1, 2009. This move replaced the Slovak koruna (SKK) and was seen as a key milestone in the country's integration into the European core, following its EU accession in 2004. By 2014, the euro was well-established in daily use, and the initial transition period was long over, with the currency providing macroeconomic stability, lower transaction costs for trade, and a symbol of Slovakia's economic convergence with Western Europe.

The primary currency-related discussions in Slovakia during 2014 were not about the euro itself, but rather its management at the European level and the country's fiscal stance within the monetary union. As a member of the Eurozone, Slovakia's monetary policy was set by the European Central Bank (ECB), which was actively employing unconventional measures like low interest rates and preparing for quantitative easing to combat low inflation and stimulate the euro area economy following the sovereign debt crisis. Domestically, the government of Prime Minister Robert Fico maintained a fiscally conservative approach, emphasizing its achievement of low budget deficits and declining public debt, which stood in contrast to the struggles of some southern Eurozone members.

Furthermore, Slovakia's economic performance within the single currency was relatively strong in 2014. It was often called the "Eurozone's tiger" for its robust GDP growth, driven by a successful automotive manufacturing sector. The fixed exchange rate eliminated currency risk for major exporters like Volkswagen, further solidifying the country's position as a manufacturing hub. While some political voices occasionally questioned the benefits of euro membership, particularly regarding the cost of bailouts for other countries during the crisis, there was no serious political movement or public debate about leaving the euro. The currency situation was characterized by stability and a focus on leveraging Eurozone membership for continued economic growth.
💎 Very Rare