The silver coin dedicated to the 150th anniversary of the birth of the Estonian Head of State Jüri Jaakson is to go on sale

The silver collector coin is SOLD OUT (added 10.01)


  • Three thousand of the coins will be minted
  • Each coin will cost 40 euros and have a nominal value of 15 euros
  • Sales of the coin will start on 10 January at 12.00 in the Eesti Pank Museum shop and in the Omniva online shop

Eesti Pank is to issue a silver collector coin dedicated to the 150th anniversary of the birth of the Estonian Head of State and long-serving Governor of Eesti Pank Jüri Jaakson.

Jüri Jaakson was one of the most important statesmen in the history of Estonia. He was appointed Governor of Eesti Pank in 1926 and he built it into a modern and reliable institution that played an important role in the economic life of the country. As governor of the bank he was a key figure in designing and managing a central bank and monetary system that met international standards. He presided over the monetary and banking reform that made Eesti Pank into a true central bank with the sole right to issue currency. It issued the Estonian kroon and became a founding member of the Bank for International Settlements, which was a significant honour for the Estonian state. Jaakson also held several other important positions in independent Estonia and was an economic adviser to the state and later a member of the Council of State.

Jaan Tõnisson wrote of Jaakson in the newspaper Postimees of 16 January 1930 that he was not only one of the nicest but also one of the most intelligent figures in Estonian public life. He was widely respected in public life, where he had worked for decades and taken many leading positions without being close to or distant from public enemies.

By working for the national government of his home country from the first opportunity, Jaakson helped to design the freedom of the nation, Tõnisson continued. He was one of the first to conceive of the idea of national independence for Estonia.

His role in the Council of State and in leading it under various circumstances was as important as his powerful contributions to the provisional government and the first governments of the republic. When the government was in need of a strong and decisive man to lead it, Jüri Jaakson accepted the challenge because it required clarity of vision.

The silver collector coin dedicated to the 150th anniversary of the birth of Jaakson was designed by Anna Roomet, Risto Tali and Rait Siska.


Background

Eesti Pank has a long tradition of issuing collector coins to commemorate important events and dates for Estonia. Several coins have been issued in the series that started in 2013 commemorating Estonian cultural figures and national leaders. The collector coin for Jüri Jaakson 150 will be presented in Eesti Pank at 11.00 on 10 January. At 12.00 public sale of the coin will start in the museum shop and the Omniva online shop. The silver coin will also be on sale from the same day in the post offices of Eesti Post that sell collector coins and other collector items (https://muuseum.eestipank.ee/en/post-offices).

Collector coins are mostly made of precious metals and commemorate important events or people for the issuing country. Collector coins are only legal tender in the country of issue, but they are not intended for circulation and their selling price usually exceeds their nominal value.

The Eesti Pank Museum and museum shop are open from Tuesdays to Fridays 12-17 and on Saturdays at 11-16.

Additional information:
Mart Siilivask
Eesti Pank
Tel: 668 0965
Mobile: 5697 9146
Email: mart.siilivask [at] eestipank.ee

Press enquiries: press [at] eestipank.ee