Thread: Turkeye Euro

Giladzuc,Turkey has revalued its currency as a way of fighting hyperinflation.Yeni is the Turkish word for 'New'.Therefore 'Yeni Turk Lirasi' means 'New Turkish Lira'.They are not fantasies,they are new coins that you would have seen on Ebay.

Aidan.

Originally Posted by Aidan Work

They are not fantasies,they are new coins that you would have seen on Ebay.

Aidan.

???? I think we are talking about two things. The Turkish euro coins (especially the 3 euro one) are fantasies for sure. Of course, other coins are on ebay, which are validly issued.

Originally Posted by JBK

I think we are talking about two things.

We most certainly are :-) If we limit the discussion to what is mentioned in the subject ("Turkeye Euro"), then the answer is simple - those are fantasy pieces, period. Now the YTL coins are actually circulating of course. Even though the design with the ubiquitous Atatürk leaves much to be desired :-)

Christian

The Turkish Euro pieces are actually private patterns of what the Euro coins from Turkey would look like if Turkey was admitted to both the European Union & the Eurozone.

Aidan.

Originally Posted by Aidan Work

The Turkish Euro pieces are actually private patterns of what the Euro coins from Turkey would look like if Turkey was admitted to both the European Union & the Eurozone.

Aidan.

And...if they happened to choose those designs. (They are not official in any way - just one person's fantasy design).

Originally Posted by JBK

And...if they happened to choose those designs. (They are not official in any way - just one person's fantasy design).

And quite poor (though fun, hehe). The current designs of the common sides were agreed upon by the Council. A single member state could not modify them, so we are unlikely to see country specific elements on that side. (That is what the, surprise, country specific side is for ...)

So the common side of a "Turkish euro" would not have a crescent/star symbol, and you would not find the word "Türkiye" on it. Also, the English/French word "Europe" would certainly not be there. The "map" is odd too; it shows the 15 countries that the EU consisted of before May-2004, plus Turkey.

As for the country specific sides, well, Atatürk is likely :-/ Don't know about the Blue Mosque, but as you wrote before döner kebap will not be on a Turkish coin ...

So yes, these patterns give an impression of what Turkish euros could one day look like. Except that they would look completely different.

Christian

Okay, here's the list for new euro countries and major circualation changes:

Vatican: Sede Vacente coins 2005-full set.

Andorra: 2006

Lithuania, Slovenia, Estonia: 2007

some of the rest: 2008-10

The private Turkish Euro pattern coins are now listed in the new edition of Krause's Unusual World Coins Catalogue.

Aidan.

Originally Posted by Aidan Work

The private Turkish Euro pattern coins are now listed in the new edition of Krause's Unusual World Coins Catalogue.

That Krause catalog seems to apply a highly flexible definition of the word "coins" ...

Christian

Originally Posted by satootoko

When we were in Estonia last month one of our tour guides told us that nearly 1/3 of the population voted against joining the Union, and even more oppose adoption of the Euro for "patriotic" reasons involving the very short time that the country has had its independence and currency. She told us there is a strong movement to join England as a non-Euro member of the Union.

May well be so; what Estonia or the UK do is basically up to them. Currently, however, the Estonian kroon, the Slovenian tolar and a few other currencies are part of the Exchange Rate Mechanism (ERM-II), unlike the £. Also, last week the Estonian government published its currency transition schedule. According to that plan,

* prices have to be in both euro and krooni for one year as from 1 July 2006;
* the euro cash becomes legal tender in Estonia on 1 January 2007, followed by a "dual" euro/kroon phase of two weeks only;
* between mid-January and late June 2007, kroon cash can be exchanged free of charge at commercial banks (after that period, the central bank only provides that free service).

Now of course nobody knows for sure at this time whether that schedule can/will be strictly followed. Formally, Denmark and the UK are the only EU member states that had/have an "opt out" clause. But the Swedish example shows that even without such an option you can stay out ...

Christian