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15.65 krooni
Estonia 15.65 kroon 1999
General information

Flag of Estonia Estonia


15.65 krooni



Measurements and composition

1.73 g


13.92 mm








Coat of arms of Estonia, state title, year


Muhu mänd, stars, value

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The 15.65 kroon coin is a commemorative piece that was issued by the Republic of Estonia in 1999 to celebrate the introduction of the euro and the 80th anniversary of the Bank of Estonia, which was founded in 1919. It was distributed by the Bank of Estonia and sold via the bank's museum from May 3, 1999, to mid-2004 for a price of 600.00 krooni. Commissioned to strike the coin was the Austrian Mint in Vienna. The piece had a legal tender face value equivalent to 15.65 krooni prior to its demonetization. This unusual non-integer value was selected because at the time of the coin's introduction, it was the approximate amount of krooni equal to one euro.

The coin is composed of .900 fine gold and has a mass of 1.73 grams and a diameter of 13.92 millimeters. It has medallic alignment and is round in shape. Both sides of the piece were designed by Estonian sculptor Tiiu Kirsipuu (1957–), whose submissions to a closed 1998 coin design competition were accepted over those of five other individuals. Featured in the middle of the obverse is the coat of arms of Estonia – which consists of a central escutcheon bearing three lions passant guardant, above a wreath consisting of two oak branches intersecting at the ends. Inscribed in a clockwise direction along the upper rim of the piece, above the arms, is the Estonian state title of the Republic of Estonia – "EESTI VABARIIK" – and written counterclockwise along the bottom periphery, below the heraldic depiction in the coin's center, is the date "1999". Featured in the middle of the reverse is the Muhu mänd, a cross-like symbol used in Estonia since ancient times. It superimposes a spiral that symbolizes development and movement. Arched along the upper and right rims of the reverse are eleven five-pointed stars representing the states that were joining the third stage of the European Monetary Union: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain. Between the end of the spiral and the eleventh star is the number "15,65", and curved around the bottom periphery in small print is the accompanying word "KROONI".

As many as 5,000 examples of the coin were produced, all with a proof finish.


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Small coat of arms of Estonia Estonian kroon
Banknotes 1 kr2 kr5 kr10 kr20 kr25 kr50 kr100 kr500 kr
Coins 1 s2 s5 s10 s20 s50 s1 kr2 kr5 kr10 kr15.65 kr25 kr50 kr100 kr500 kr
Miscellaneous Bank of EstoniaEstonian euro coinsSoviet ruble