10th anniversary of the euro
P&T and the Banque Centrale du Luxembourg celebrate the 10th anniversary of the euro
On 13 March 2012, P&T issued a stamp to celebrate the 10th anniversary of the introduction of the euro notes and coins. The official presentation of the stamp took place recently at the General Management Offices of P&T, during which the Chairman of the Banque Centrale du Luxembourg, Yves Mersch, was presented with the philatelic frame by Jos Glod, the Assistant Managing Director of P&T.
The euro notes and coins were introduced on 1 January 2002. Euro notes are the same in all eurozone countries, but the coins have a 'European' side and a 'national' side. They bear symbols of the participating countries and represent the unity of the European Union.
The manufacture of euro notes began in July 1999 at 15 printing works in the European Union. By 1 January 2002, an initial stock of 14.9 billion notes had been printed for the 12 countries that made up the eurozone at that time. Approximately 52 billion coins with a total value of € 15.75 billion were also minted at 16 European mints, which required 250 000 tonnes of metal.
The printing procedure for the stamp, the graphics for which were designed by the agency M&V Concept, was complex. Three pantone colours (gold, silver and bronze) were used in addition to the four-colour offset printing, and a metallic silver colour and micro-embossing enabled the notes and coins represented on the stamp to stand out. The combination of these techniques has produced a particularly interesting stamp, both for the general public and for informed philatelists.