5 Tolarjev Monetary Institute of Slovenia

5 Tolarjev (Monetary Institute of Slovenia) -  obverse5 Tolarjev (Monetary Institute of Slovenia) -  reverse

© Ponpandi Perumal

Features

Issuer Slovenia
Period Republic (1991-date)
Type Circulating commemorative coin
Year 1994
Value 5 Tolarjev (5 SIT)
Currency Tolar (1991-2006)
Composition Brass
Weight 6.4 g
Diameter 26 mm
Thickness 1.7 mm
Shape Round
Orientation Medal alignment ↑↑
Demonetized 01-15-2007
Number N# 14320
Numista type number (https://numista.com)
References KM# 15
Tracy L. Schmidt (editor); 2019. Standard Catalog of World Coins / 2001-Date (14th edition). Krause Publications, Stevens Point, Wisconsin, USA.
And 4 more volumes.

Commemorative issue

50th Anniversary of Monetary Institute of Slovenia

Obverse

Value and date

Lettering:
5
PET
TOLARJEV
REPUBLIKA SLOVENIJA
1994

Reverse

Linden leaf and seed pod

Lettering:
DENARNI ZAVOD SLOVENIJE
1944
1994

Edge

Reeded

Mint

Kremnica / Körmöcbánya / Kremnitz, Slovakia (1328-date)

Comments

The 12th of March 1994 marked the fiftieth anniversary of the decision of the Slovene National Liberation Council to establish, at Crnomelj, the Monetary Institute of Slovenia. The foundation of a banking institution in a country which was at the time occupied by a foreign power was a unique historical event, and also marked the beginnings of financial business for the Slovene nation, living now in an independent and sovereign state. Through the foundation of the Monetary Institute of Slovenia two of the basic rights of all nations were realised, namely the rights to sovereignty and to enable its citizens to enjoy the fruits of their labour. It was a courageous deed to set up the Slovene Monetary Institute in a Europe which was under axis domination and it both laid the foundation of the Slovene monetary system and set the pattern for the post-war economic development of Slovenia.
Between its establishment and the end of the war the Monetary Institute of Slovenia fully justified its existence. Its purposes were to arrange for three issues of Lira payment notes and receipts, which served as an extra means of payment, to introduce some form of finance for the economy and to enable saving activity.
Moreover, it should be noted that the various wartime means of payment adopted in Slovenia were not valueless paper, for the Slovene authorities fulfilled, in the framework of the now current financial system, their promise that these instruments would be redeemed within three months after the liberation against the currency then in use.
Accessed at: https://www.bsi.si/en/banknotes-and-coins/slovenian-tolar/commemorative-editions-republic-of-slovenia/50-years-anniversary-of-the-founding-of-the-monetary-institute-of-slovenia-1994

See also

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Date Mintage VG F VF XF AU UNC
1994  100 000 $ 1.40 $ 2.33 $ 2.33

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

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