Hundreds of people queue to proclaim wish for 1916 coins

Hundreds of people queued outside the Central Bank in Dublin’s Dame St yesterday to be among the first to acquire specially minted commemorative 1916 coins.

Hundreds of people queue to proclaim wish for 1916 coins

The Central Bank yesterday released gold and silver proof coins to mark the centenary of the Proclamation of the Irish Republic on April 24, 1916. A proof coin is a coin manufactured by using a special, high-quality minting process which is made especially for collectors.

It comes with a numbered “certificate of authenticity” testifying to the issue limit.

The coins, designed by Michael Guilfoyle, depict the statue of Hibernia. The obverse of the coin bears the traditional representation of the Irish harp and the year of issue date, 2016.

The new coins include a silver proof €15 coin, costing €45, a quarter-ounce gold €50 coin, costing €375, a half- ounce gold €100 coin, costing €730, and a double set of coins which has both a silver proof coin and quarter-ounce gold coin for a total of €420.

Struck in .925 sterling silver, the large size of the €15 coin shows off the detail of the elegant Hibernia figure to best effect. The issue limit for this €15 silver proof coin is 18,000. The €375 gold proof coin contains a quarter ounce of fine gold and is struck to the highest proof quality. The issue limit for this coin is 5,500.

The €100 gold proof coin contains a half ounce of fine gold and is also of large size. Designer Michael Guilfoyle, said:

“Behind the figure of Hibernia, standing proudly holding her spear and harp, is an arrangement of key words and phrases from the Proclamation of the Irish Republic.” The issue limit for this €100 gold coin is 1,000. Orders for this coin are strictly limited to one per customer.

Paul Molumby, director of currency and facilities management at the Central Bank, said the coins commemorate an important event in Irish history.

“The design of the coins reflects back to the GPO and its association with the Easter Rising and the reading of the Proclamation, which was read by Patrick Pearse outside the GPO in 1916.”

Other commemorative coins also commemorate the Rising and were put into general circulation. Last January, 4.5m

€2 commemorative coins were issued by the Central Bank as part of the Ireland 2016 Centenary Programme. They are also available in a proof set.

To order any collection, go online to www.centralbank.ie

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