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50 ECU - Paneuropean Union Winston Churchill; Edward Heath
| Issuer | Pan-European Union (Paneuropa-Union) |
|---|---|
| Year | 1972 |
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| Composition | Log in to see details |
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| Reference(s) | X#175 |
| Obverse description | At center, the Pan-European Union flag depicted as a circular emblem featuring a quartered cross divides the field, encircled by a ring of twelve five-pointed stars. The denomination '50 €' appears prominently in the lower center of the field, with the date '1972' inscribed below. The curved legend 'CONFŒDERATIO EUROPÆA' runs along the outer periphery of the coin. |
|---|---|
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| Reverse script | Latin |
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| Additional information |
The Paneuropa-Union, founded by Richard von Coudenhove-Kalergi in 1923, issued a series of gold ECU pieces in the early 1970s as privately struck medallic coinage — not legal tender of any state, but carrying denomination designations that anticipated the European Currency Unit by nearly a decade. The pairing of Churchill and Heath on this 1972 issue is pointed: Churchill had called for a "United States of Europe" in his 1946 Zurich speech, while Heath had just steered Britain into the EEC that same year, with accession taking effect January 1, 1973.
The ECU designation here is the Paneuropa-Union's own construct, predating the official ECU established by the EMS in 1979.