PREV ARTICLE
NEXT ARTICLE
FULL ISSUE
PREV FULL ISSUE
BELGIUM DEFIES FRANCE WITH WATERLOO COIN ISSUE
Back in March there was a dust-up between France and Belgium over that country's plan to issue a coin commemorating the Battle of
Waterloo, a sore spot for France. Although Belgium scrapped the planned two euro coin issue, The Guardian reported that the design
has resurfaced on a different Belgian coin. Thanks to Philip Mernick for passing this along. John Mutch forwarded a similar article as
well. Thanks. -Editor
Belgium has begun minting €2.50 coins marking the 200th anniversary of Napoleon’s defeat at Waterloo after France forced it to scrap a €2 coin with the same purpose. Paris objected to the new Belgian coin, commemorating the French emperor’s defeat by British and Prussian forces, earlier this year, saying it would create tensions at a time when Europe’s unity is under threat. Belgium was forced to get rid of about 180,000 €2 coins that had already been minted after Paris sent a letter saying they could cause an “unfavourable reaction in France”. But Belgium has managed to skirt the French protests using a rule that allows eurozone countries to unilaterally issue coins if they are in an irregular denomination. Napoleon Bonaparte was forced into exile after his grand European ambitions were crushed by the armies of the Duke of Wellington and Gebhard von Blücher at the Battle of Waterloo, which took place on what is now the outskirts of Brussels. France had said in its initial letter to Belgium that the battle, on 18 June 1815, “has a particular resonance in the collective consciousness that goes beyond a simple military conflict”. The Belgian finance minister, Johan Van Overtveldt, said the new coins – of which there will be 70,000 – were not being released in a deliberate bid to anger France. “The goal is not to revive old quarrels. In a modern Europe, there are more important things to sort out,” he said on Monday. “But there’s been no battle in recent history as important as Waterloo, or indeed one that captures the imagination in the same way.” The €2.50 coins will be usable in Belgian shops but collectors are expected to snap many of them up. Sold in special plastic bags priced at €6, they show the Lion’s Mound monument that stands at the battlefield, as well as lines indicating the position of the troops. Several thousand copies of a silver coin – with a face value of €10 but sold at €40 – will also be released. To read the complete article, see:
Philip adds: I wonder what will happen to the thousands of 2 euros already struck?
Greg Cohen of Stack's Bowers Galleries and Stack's Bowers and Ponterio forwarded a similar story on the topic from The New
York Times. Thanks. -Editor
The article asked whether France was a “poor loser,” even as it stressed that the €2.50 coin would not be legal tender outside of Belgium, where it is to be sold in plastic bags at a cost of €6. In Britain, where the 19th-century poet laureate Robert Southey called the Battle of Waterloo “the greatest deliverance that civilized society has experienced” since Charles Martel repelled an Islamic conquest of Europe in 732, the new €2.50 coin aroused similar adulation. “Well done Belgium beat the French at their own game of finding ways around EU rules, the English should take note!!” Michael Dunn, from Stratford-upon-Avon, wrote on Twitter. Others were less impressed. On Facebook, Manuel Di Pietrantonio suggested that the value of the dispute was about €2.50. To read the complete article, see:
To read the earlier E-Sylum article, see:
Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum All Rights Reserved. NBS Home Page Contact the NBS webmaster 
|