Banks sold nearly 65,000 euro coin starter kits during the first day

Commercial banks had sold about 65,000 Estonian euro coin starter kits by 16.00 today.

The euro coin starter kits, which contain all the coins due to be launched on 1 January, are sold by commercial banks and offices of Eesti Post. The first-day sales figures of Eesti Post will arrive by Thursday morning.

A total of 600,000 euro coin starter kits are released for sale by Eesti Pank, so that each household would get one. Around 450,000 kits will be on sale from 1 December, the rest will reach sales counters in mid-December. The central bank is also ready to order more starter kits for December.

The starter kits are intended to allow residents to familiarise themselves with the new euro coins and to ensure people can start using cash as from 1 January, the €-day.

Both the starter kits and the exchange of euro banknotes are intended for natural persons.
One starter kit costs 200 kroons and it is possible to purchase up to five starter kits at a time.

The starter kit contains 42 euro coins worth 12.79 euro. The kit also contains a security chip confirming the authenticity of the coin set.
Eesti Pank has commissioned the kits from the Mint of Finland. The production of the starter kits is co-funded by the European Commission.
The coins in starter kits will become valid as from 1 January 2011, when euro becomes legal tender in Estonia.

The starter kit contains the following euro coins: seven 1-cent coins, six 2-, 5-, 10- and 20-cent coins, five 50-cent coins, four 1-euro coins and two 2-euro coins.

Click here to see the photo of the starter kit's front side, here to see its back and here to see the security chip.

Further information:
Viljar Raask
Public Relations Office
Telephone: +372 6680 745, +372 527 5055
E-mail: viljar.raask [at] eestipank.ee