5 Tolarjev (Monetary Institute of Slovenia) 1994 front 5 Tolarjev (Monetary Institute of Slovenia) 1994 back
5 Tolarjev (Monetary Institute of Slovenia) 1994 photo
© Ponpandi Perumal (CC BY)

5 Tolarjev Monetary Institute of Slovenia

1994 year
Nickel brass (78% Copper, 20% Zinc, 2% Nickel) 6.4 g 26 mm
Description
Issuer
Slovenia
Period
Republic (1991-date)
Type
Circulating commemorative coin
Year
1994
Value
5 Tolarjev (5&nbspSIT)
Currency
Tolar (1991-2006)
Composition
Nickel brass (78% Copper, 20% Zinc, 2% Nickel)
Weight
6.4 g
Diameter
26 mm
Thickness
1.7 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
14 January 2007
Updated
2024-10-07
References
Numista
N#14320
Rarity index
16%

Reverse

Linden leaf and seed pod

Script: Latin

Lettering:
DENARNI ZAVOD SLOVENIJE
1944
1994

Designers: Gorazd Učakar, Matjaž Učakar

Edge

170 reeds.

Comment

The 12th of March 1994 marked the fiftieth anniversary of the decision of the Slovene National Liberation Council to establish, at Crnomelj, the Monetary Institute of Slovenia. The foundation of a banking institution in a country which was at the time occupied by a foreign power was a unique historical event, and also marked the beginnings of financial business for the Slovene nation, living now in an independent and sovereign state. Through the foundation of the Monetary Institute of Slovenia two of the basic rights of all nations were realised, namely the rights to sovereignty and to enable its citizens to enjoy the fruits of their labour. It was a courageous deed to set up the Slovene Monetary Institute in a Europe which was under axis domination and it both laid the foundation of the Slovene monetary system and set the pattern for the post-war economic development of Slovenia.
Between its establishment and the end of the war the Monetary Institute of Slovenia fully justified its existence. Its purposes were to arrange for three issues of Lira payment notes and receipts, which served as an extra means of payment, to introduce some form of finance for the economy and to enable saving activity.
Moreover, it should be noted that the various wartime means of payment adopted in Slovenia were not valueless paper, for the Slovene authorities fulfilled, in the framework of the now current financial system, their promise that these instruments would be redeemed within three months after the liberation against the currency then in use.
Accessed at: https://www.bsi.si/en/banknotes-and-coins/slovenian-tolar/commemorative-editions-republic-of-slovenia/50-years-anniversary-of-the-founding-of-the-monetary-institute-of-slovenia-1994

Interesting fact

One interesting fact about the 5 Tolarjev coin from Slovenia is that it features a unique design that reflects the country's cultural heritage. The obverse side of the coin depicts a stylized image of a traditional Slovenian folk costume, while the reverse side features a motif of a stork, which is a symbol of fertility and prosperity in Slovenian folklore. This design was created by the Slovenian artist, Marjan Pogačnik, and it adds a touch of cultural significance to the coin, making it a valuable collector's item.

Price

Date Mintage VG F VF XF AU UNC
1994  100000 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 5 Tolarjev (Monetary Institute of Slovenia) 1994 coin.