500 Tolarjev Monetary Institute of Slovenia

Features

Issuer Slovenia
Period Republic (1991-date)
Type Non-circulating coin
Year 1994
Value 500 Tolarjev (500 SIT)
Currency Tolar (1991-2006)
Composition Silver (.925)
Weight 15 g
Diameter 32 mm
Shape Round
Orientation Medal alignment ↑↑
Demonetized 01-15-2007
Number N# 24823
Numista (https://numista.com)
References KM# 17
Tracy L. Schmidt (editor); 2019. Standard Catalog of World Coins / 2001-Date (14th edition). Krause Publications, Stevens Point, Wisconsin, USA.

Commemorative issue

50th Anniversary of the fouding of the Monetary Institute of Slovenia

Obverse

Value

Lettering:
500
PETSTO
TOLARJEV
REPUBLIKA SLOVENIJA
1994

Reverse

Leaf and dates

Lettering:
DENARNI ZAVOD SLOVENIJE
1944
1994

Mint

Zlatarna Celje, Slovenia (1947-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

Manage my collection

Please sign in or create an account to manage your collection.

Date Mintage VG F VF XF AU UNC
1994  5 000 Proof

Get this coin

A member of this site wants to exchange it: zdravko

Feedback: none
Country: Croatia
Languages : English Croatian
Numista Rarity index: 82 Search tips
This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Bullion value: USD 10.40 Search tips
This value is given for information purpose only. It is based on a price of silver at 750 USD/kg. Numista does not buy or sell coins or metal.

» Buy coins from Slovenia

Contribute to the catalog

Modify or add data on this page
Register a past auction sale