500 Tolarjev (Monetary Institute of Slovenia) 1994 front 500 Tolarjev (Monetary Institute of Slovenia) 1994 back
500 Tolarjev (Monetary Institute of Slovenia) 1994 photo
© Coinsberg

500 Tolarjev Monetary Institute of Slovenia

1994 year
Silver (.925) 15 g 32 mm
Description
Issuer
Slovenia
Period
Republic (1991-date)
Type
Non-circulating coin
Year
1994
Value
500 Tolarjev (500&nbspSIT)
Currency
Tolar (1991-2006)
Composition
Silver (.925)
Weight
15 g
Diameter
32 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
15 January 2007
Updated
2024-10-07
References
Numista
N#24823
Rarity index
79%

Reverse

Leaf and dates

Script: Latin

Lettering:
DENARNI ZAVOD SLOVENIJE
1944
1994

Designers: Gorazd Učakar, Matjaž Učakar

Edge

200 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 Non-circulating coin 500 Tolarjev (Monetary Institute of Slovenia) 1994 from Slovenia made of Silver (.925) weighing 15 g is that it features a unique design that represents the country's cultural heritage. The coin's obverse side features a depiction of the Slovenian coat of arms, while the reverse side features a stylized image of a traditional Slovenian folk instrument, the "tolarjev," which is a type of panpipe. This design was chosen to highlight Slovenia's rich cultural traditions and to promote the country's national identity.

Price

Date Mintage VG F VF XF AU UNC
1994  2000 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 500 Tolarjev (Monetary Institute of Slovenia) 1994 coin.