Belgium 1989 25 ecu

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Jean Elsen sale 138, lot 929

This specimen was lot 929 in Jean Elsen sale 138 (Brussels, September 2018), where it sold for €215 (about US$298 including buyer's fees). The catalog description[1] noted,

"BELGIQUE, Royaume, Baudouin (1951-1993), AV 25 ecu, 1989. Dioclétien. Fleur de Coin. (kingdom of Belgium, Baldwin, 1951-93, gold twenty-five ECU of 1989, Diocletian. Uncirculated.)"

During the currency unification negotiations that eventually led to the euro, a coin called the ecu was proposed. The Belgian government went so far as to issue several different types 1987-97 to promote it. All were struck in precious metals, suggesting that the regime never seriously believed it would displace the Belgian franc then circulating. The euro was introduced in 1999-2002 and these coins now trade for bullion.

Recorded mintage: 30,000 + 2,000 proofs + 5,000 dated 1990.

Specification: 7.78 g, 0.999 fine gold, 21 mm diameter.

Catalog reference: Fr-430, KM 178.

Source:

  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Elsen, Philippe, et al., Vente Publique 138, Collection A. BLONDEL, Collection M. HENDRICKX, Brussels: Jean Elsen et ses Fils, S.A., 2018.

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