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1 ban
Coins of Romania 1 Ban 2005
Coin from 2005
General information
Country

Flag of Romania (1965-1989) Communist Romania
Flag of Romania Kingdom of Romania
Flag of Romania Romania
Flag of the United Principalities of Romania (1862 - 1866) United Principalities

Value

0.01 lei

Years
Measurements and composition
Mass
Diameter
Thickness

1.6 mm (2005–present)[7][8][9]

Composition
Appearance
Obverse
Reverse
  • Value (1867; 1952–1954; 2005–present)[1][4][7][8][9]
  • Coat of arms of Romania, year, value (1900)[2][3]
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The 1 ban coin is a coin that was first issued by the United Principalities in 1867 and then in 1900 by the Kingdom of Romania. With the introduction of Communist Romania in 1947, another new 1 ban coin was issued. Finally, after the demonetization of the third leu and the end of Communist Romania, the current 1 ban coin was issued in 2005, and is likely to remain in circulation until Romania's expected adoption of the euro in 2014.

History

First coin

Romania 1 banu 1867

The 1 banu coin from 1867.

This coin, which was denominated as 1 banu, was first issued by the United Principalities in 1867. The coin was composed of bronze, being composed of 95% copper, 4% tin, and 1% zinc. It had a mass of 1 gram and a diameter of 15 millimeters. These coins were minted by two mints: Heaton and Watt & Co., both of which were located in Birmingham. The obverse of the coins featured the coat of arms of Romania, along with the inscription, "Romania", while the reverse displayed the coin's value and year of minting surrounded by an oak and laurel wreath.[1]

In 2007, the Monetǎria Statului minted a gold replica of this coin.

1900 coin

Romania 1 ban 1900

The 1 ban coin from 1900.

During 1900, after the establishment of the Kingdom of Romania, a new 1 ban coin was issued. These coins were struck in Hamburg (often confused with Bucharest), and engraved by Friedrich Wilhelm Kullrich. These coins were composed of 95% copper, 4% tin, and 1% zinc. They had similar dimensions and mass of the former 1 banu coin, being 1 gram in mass and 15.2 millimeters in diameter. The obverse of the coin featured the King of Romania at the time, Carol I, along with the legend, "CAROL I REGE AL ROMANIEI" ("King Carol I of Romania"). The reverse featured the coat of arms of Romania, with the title, "Romania", the value, and year of minting.[2][3]

Communist Romania coin

Communist Romania 1 ban

The 1 ban coin of Communist Romania.

After the downfall of the Kingdom of Romania in 1947, the Socialist Republic of Romania, better known as Communist Romania, issued a new 1 ban coin in 1952. These coins were struck at the Moscow Mint of the Soviet Union in 1952 and the Bucharest Mint in 1953 and 1954. They retained the original mass of 1 gram, but increased the diameter to 16 millimeters. The coins were composed of copper-nickel-zinc. Displayed on the obverse was the coat of arms of Communist Romania, while the reverse displayed the value and year of minting. These coins were minted until 1954, and were eventually demonetized.[4][5][6]

Current coin

The currently issued coin was introduced in 2005 after the introduction of the fourth leu. These have been minted every year since then, and are expected to remain in circulation until 2014. The coin is composed of brass plated steel. It has a mass of 2.4 grams, a diameter of 16.8 millimeters, and a thickness of 1.6 millimeters. The edge is smooth. The coin's obverse displays the coin's value, while the reverse features the coat of arms of Romania along with the title "Romania", all surrounded by eight four-pointed stars.[7][8][9]

Currently, this coin is rare and not in demand by either banks or retailers. Usually, retailers round to the nearest 5 bani.[8]

Replica coin

1st 1 ban replica

The gold replica of the first 1 ban coin.

On April 25, 2007, Monetǎria Statului issued gold replicas of the first coins of the Romanian leu, which were originally issued in 1867. Only 250 of these replica coins were issued. The coin was 1.75 grams in mass and 15 millimeters in diameter. The edge was milled. Just like the original, the obverse of the coin featured the coat of arms of Romania, with the inscription, "Romania". The reverse displays the value and the date "1867" surrounded by wreaths. However, despite being replicas, the coins are not composed of the same metal and are not the same weight as the originals. The coins were minted for the 140th anniversary of "Lege pentru înfiinţarea unui nou sistem monetar şi pentru fabricarea monetelor naţionale".[1][10]

See also

References


 v · d · e
Romanian leu
Banknotes 10 b25 b50 b1 L2 L5 L10 L25 L50 L100 L200 L500 L1000 L2000 L5000 L10,000 L50,000 L100,000 L500,000 L1,000,000 L5,000,000 L
Coins 1 b2 b3 b5 b10 b15 b20 b25 b50 b1 L2 L3 L 5 L10 L20 L50 L100 L200 L250 L500 L1000 L2000 L5,000 L10,000 L25,000 L100,000 L
Miscellaneous National Bank of RomaniaMonetăria StatuluiRomania and the euro
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