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Collector coins to mark 1700th anniversary of the birth of Saint Martin

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8 July 2016

On 9 July 2016 the Magyar Nemzeti Bank will issue a silver collector coin with a face value of HUF 10,000 and a non-ferrous metal coin with a face value of HUF 2,000 to commemorate the 1700th anniversary of the birth of Saint Martin. The coins also contain micro-lettering as a special safety feature. The silver and non-ferrous metal coins have different designs. Born in Savaria (present day Szombathely), Saint Martin continues to be the model of kind-heartedness, fraternal love, helping the deprived, solidarity and simplicity. He is venerated as one of the most popular saints of Europe.

Both collector coins are legal tender. The silver coin with a face value of HUF 10,000 was designed by Ferenc Lebó. The main motif on the obverse is an Early Christian lamp hanger from Savaria, probably from the age of Saint Martin, which is kept by the City Museum of Savaria County. The compulsory design elements: the inscription ‘MAGYARORSZÁG’, the value numeral ’10,000’, the inscription ‘FORINT’, the mint mark ‘BP’ and the mint year ‘2016’ also feature on the obverse.

The reverse of the silver collector coin represents the cloak legend, one of Saint Martin’s most known acts, by reproducing a lead glass representation. (According to the sources, while stationed in Gaul as a soldier, he cut his cloak worn as his last piece of cloth in two, to give half of it to a beggar shuddering in the cold.) The initials of designer Ferenc Lebó also feature on the lower part of the reverse. The edge of the coin is inscribed with ‘SZENT MÁRTON SZÜLETÉSÉNEK 1700. ÉVFORDULÓJA’ (1700TH ANNIVERSARY OF THE BIRTH OF SAINT MARTIN) in a full legend. The first and last letter of the inscription is separated by a ‘+’.

The non-ferrous metal coin was designed by Zoltán Tóth. The obverse of the coin features a detail of the façade and spire of the Church of Saint Martin in Szombathely, and the compulsory design elements: the inscription ‘MAGYARORSZÁG’ in an upper legend, with the value numeral ’2,000’, the inscription ‘FORINT’, the mint mark ‘BP’ and the mint year ‘2016’ in horizontal lines placed below each other.

The reverse of the non-ferrous metal coin bears a representation of Saint Martin in the company of a convalescent. The edge of the coin is inscribed on the top with ‘SZENT MÁRTON’. The inscriptions ‘SAVARIA’ and ’A.D. 316’, in a lower legend at the bottom, which are separated by the initials of designer Zoltán Tóth, refer to the place and date of birth of Saint Martin. 

Both collector coins contain a special safety feature. The letters ‘B’ and ‘P’, typed in micro lettering on the mint mark, cannot be seen with naked eye, and can only be discriminated at 10,000x magnification. They serve as a safety feature to protect the coins against counterfeiting.

The silver coin with a face value of HUF 10,000 is struck in .925 fine silver and weighs 24 grams. The non-ferrous metal coin is produced from an alloy of copper (75%) and nickel (25%) and weighs 23.7 grams. Both coins have a diameter of 37 mm and they have a milled edge.

In order for collector coins to play their role as a store of value, the silver coin with a face value of HUF 10,000 and the non-ferrous metal coin with a face value of HUF 2,000 can be purchased at a price equal to their face value, the former for three months after its issue and the latter without a time limit, until stocks last.

The mintage limit of the silver coin with a face value of HUF 10,000 is 5,000 in proof finish and that of the non-ferrous metal coin with a face value of HUF 2,000 is 10,000 in BU finish.

The coins are distributed by the Hungarian Mint Ltd. They will be on sale from 11 July 2016 at the coin shop of the Mint (17 Hold utca, Budapest) and in the Mint’s webshop (http://penzvero.hu/), where a number of collector coins produced from gold, silver and non-ferrous metals issued earlier are also on sale.

 

Magyar Nemzeti Bank

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