1 Banu - Carol I

Issuer Romania
Year 1867
Type Standard circulation coin
Value 1 Banu (0.01)
Currency First leu (1867-1947)
Composition Copper
Weight 1 g
Diameter 15 mm
Thickness
Shape Round
Technique Milled
Orientation
Engraver(s) William Wyon
In circulation to
Reference(s) KM#1
Obverse description Crowned arms with supporters within crowned mantle.
Obverse script Latin
Obverse lettering ROMANIA NIHIL SINE DEO
(Translation: Romania Nothing without God)
Reverse description Value and date within wreath.
Reverse script Latin
Reverse lettering 1 BANU 1867 H
Edge Plain
Mint H
Heaton and Sons / The Mint
Birmingham (Heaton and Sons / The Mint Birmingham Limited),United Kingdom (1850-2003)
WATT & CO.
James Watt & Co., Smethwick,United Kingdom (1860-1895)
Mintage 1867 H - KM# 1.1 - 2 500 000
1867 WATT & CO. - KM# 1.2 - 2 500 000
Numisquare ID 7701620940
Additional information

Historical Context: The 1867 1 Banu coin marks a pivotal moment in Romanian numismatic history, representing the first national coinage issued under Carol I, who ascended as Domnitor (Prince) in 1866. This era saw Romania's consolidation as a unified state from Wallachia and Moldavia. Introducing a distinct national currency, replacing various foreign denominations, was a crucial step towards asserting economic sovereignty and statehood, preceding full independence.

Artistry: The 1 Banu's design reflects prevalent neoclassical and realistic styles of mid-19th century European mints. The obverse features a youthful, left-facing bust of Carol I, rendered with considerable detail and dignity, likely by a skilled European medalist, though not explicitly noted. The reverse displays "1 BANU" centrally, encircled by an oak and laurel wreath, with "1867" below, all executed with clear, legible lettering.

Technical/Grading: Struck in copper, this small coin (15mm, 1 gram) presents specific grading challenges. High points susceptible to wear include Carol I's hair, cheekbone, and the highest leaves of the reverse wreath. Early strikes can vary in crispness, with some examples showing softer details, particularly on the bust and wreath. Copper's softness also means these coins frequently show circulation marks, environmental toning, and minor planchet flaws.

×