Eesti Pank has announced a competition to design a silver collector coin dedicated to the 150th anniversary of the birth of Konstantin Päts, the first president of the Republic of Estonia. Designs can be committed for the competition until 12.00 noon on 14 October. The coins will be issued at the beginning of 2024.

At the proposal of the advisory committee operating at Eesti Pank, the central bank will issue a silver collector coin at the beginning of 2024, dedicated to the 150th anniversary of the birth of Konstantin Päts, an Estonian statesman, head of the Estonian Salvation Committee and the country’s first president.

The prize for the winner is 1500 euros, with the second place design receiving 1000, and the third placed 700.

Both individuals and groups of designers are welcome to participate in the design competition, and designers may submit multiple designs. Designs should be sent to Eesti Pank by 12.00 noon on 14 October 2022 at the latest. The results of the competition will be announced at the end of 2022 at the latest.

Detailed conditions for entering the design competition for the silver collector coin dedicated to the 150th anniversary can be found here.

Suggestions for minting collector and commemorative coins* are welcome from everyone, and can be sent through the Eesti Pank website, by email or by post. Suggestions for coins to be minted in 2024 can be sent until 15 August this year. All the suggestions are considered by an advisory committee invited by Eesti Pank, and their expert opinions and recommendations are used as the basis for the Executive Board of Eesti Pank to decide which coins to mint.

* Eesti Pank commemorates historical events on the coins, and also themes that are alive and relevant for us today. For instance this year, a two-euro circulation coin that has a special design on it dedicated to the 35th anniversary of the Erasmus+ student mobility programme was issued. Coins with these special designs are called commemorative coins, and they give tribute and remember events, people and themes that are important for Estonia and Europe.

Further information:
Piret Luhakooder
Cash and Infrastructure Department
+372 668 0791
[email protected]

Hanna Jürgenson
Communications officer
+372 5692 0930
[email protected]
Press enquiries: [email protected]