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20 Euros Entry Into Eurozone
| Issuer | Eesti Pank |
|---|---|
| Year | 2011 |
| Type | Non-circulating coin |
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| Composition | Log in to see details |
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|---|---|
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| Reverse lettering | € 20 |
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| Mintage | 2011 - Proof - 10,000 |
| Additional information |
Estonia adopted the euro on 1 January 2011, becoming the first former Soviet republic to do so — a deliberate political statement as much as an economic one, driven by years of strict fiscal discipline that kept Estonia's deficit well within Maastricht criteria while most of Europe was scrambling after the 2008 financial crisis. This commemorative was issued the same year to mark the transition, replacing the kroon that had itself only been reintroduced in 1992 following the restoration of independence.
The bimetallic construction in .999 gold and .999 silver places this firmly in collector territory rather than anything approaching circulation issue.