Catalog
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| Issuer | Estonia |
|---|---|
| Year | |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | 13 g |
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| Obverse description | Bimetallic coin with a brass center insert set within a copper-nickel outer ring, both elements exhibiting a gold-toned finish. The central disk bears the legend EESTI VABARIIK (Republic of Estonia) in curved lettering along the upper arc, with the large numeral 1 prominently displayed in the field below and the denomination KROON incused beneath. Two small dots flank the numeral at mid-field. The outer ring carries the inscriptions ESTONIA along the upper arc and ESTONIAN KROON along the lower arc, separated by a fine beaded border that delineates the junction between ring and center. |
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| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
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| Reverse lettering | THE OLD EUROPEAN CURRENCY |
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| Additional information |
Estonia reintroduced the kroon in 1992 after fifty years of Soviet occupation had erased it entirely from circulation. The decision to restore the original currency name — rather than adopt a neutral transitional unit — was a deliberate act of institutional continuity with the interwar republic. The kroon was pegged to the Deutsche Mark at 8:1 from the moment of reintroduction, a currency board arrangement that left the Bank of Estonia almost no discretionary monetary policy for nearly two decades.
The bimetallic format was adopted for the 1 kroon specifically to deter counterfeiting at the highest-circulation denomination.