Coins of the Cypriot pound

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The coins of the Cypriot pound are part of the physical form of current Cypriot currency, the Cypriot pound. They have been issued since coming under British rule in 1878, until Cyprus' adoption of euro in 2008.

Contents

[edit] Predecimal series

Before 1955, 1 pound was divided into 20 shillings (σελίνι / σελίνια, şilin), and each shilling was divided into 9 piastres (γρόσι / γρόσια, kuruş).

[edit] Decimal - mils

In 1955, Cyprus decimalized with 1000 mils (μιλς, mil) to the pound.

[edit] Coins of Queen Elizabeth II (1955–57)

In 1955, the coins of the King George VI issues were withdrawn from circulation. These were replaced by coins with Queen Elizabeth II, denominated in mils. The coins that were issued are the following:

3 mils, 5 mils (also issued in 1956), 25 mils, 50 mils, 100 mils (also issued in 1957).

The 50 mils coin became known as a 'shilling', because it was the same size as the 1 shilling and 9 piastres coins. The 100 mils coin became known as '2 shillings', because it was the same size as the 2 shillings and 18 piastres coins. The 5 mils coin and 100 mils coin of 1956 are very sought after by collectors of Commonwealth coins. The 100 mils is very rare.

[edit] Coins of the Republic of Cyprus (1963–82)

In 1960, when Cyprus became independent under the terms of the 1959 Independence Agreement, the Queen Elizabeth II coinage was allowed to stay in circulation.

In 1963, the Republic of Cyprus began to issue its first coins. These were struck at the Royal Mint in London. The coins in the 1963 issue consisted of the following: 1 mil, 5 mils, 25 mils, 50 mils, 100 mils.

From 1970, the issue of 500 mils coins began to be issued. The 1970 500 mils coin was issued to commemorate the F.A.O. and the 25th Anniversary of the United Nations. Other 500 mils coins were issued.

In 1976, a 1 pound coin was issued to commemorate refugees of the 1974 Turkish invasion.

In 1977, a gold 50 pounds was struck as a commemorative at the Royal Mint, Llantrisant. This coin commemorates Archbishop Makarios III, who remained in office as President of Cyprus until his death.

In 1981 and 1982, 5 mils coins were struck with the name 'Cyprus' trilingually inscribed—'Kypros' in Greek, 'Cyprus' in English and 'Kıbrıs' in Turkish.

[edit] Archbishop Makarios III Medal-Coins

There were two issues of these pieces. The first issue was struck in 1966 and the second issue was struck in 1974. The obverse of these medal-coins depict the portrait of President-Archbishop Makarios III.

The reverses of these pieces depict the Palaeologus Byzantine double-headed eagle. These coins are listed in the 2005 edition of the Krause Unusual World Coins catalogue. Cypriots may be aware of these pieces.

[edit] Decimal - cents

The subdivision was changed to 100 cents (σεντ, sent) to the pound in 1983. Coins were introduced for ½, 1, 2, 5, 10 and 20 cents, with the ½ cent the same size and composition as the earlier 5 mil coins. The other coins were struck in nickel-brass. The ½ cent was only struck in 1983. In 1991, cupronickel, curved-equilateral-heptagonal 50 cents coins were introduced.

Decimal cent series [1]
Image Value € equiv. Technical parameters Description Date of Colloquial name
Diameter Thickness Mass Composition Obverse Reverse first minting withdrawal lapse
[2] ½ cent 0.85 cent Aluminium "CYPRUS·ΚΥΠΡΟΣ·KIBRIS", Coat of arms, year of minting Cyclamen 1983 1 October 1992[1] 1 December 2001[1]
1 cent 1.71 cent 16.5 mm 1.35 mm 2 g Copper, zinc, nickel "CYPRUS·ΚΥΠΡΟΣ·KIBRIS", Coat of arms, year of minting Value, stylised bird in front of a tree branch from a jug of bichrome ware of the Cyproarchaic period 1983 31 January 2008[2] 31 December 2009[2] μονόσεντο
2 cents 3.42 cent 19 mm 1.25 mm 2.5 g Value, two heraldically arranged goats from a shallow bowl with two handles of the middle of 13th century B.C. δίσεντο
5 cents 8.54 cent 22 mm 1.4 mm 3.75 g Value, head of a bull from a silver bowl (phiale) with a wish-boned handle of the 14th century B.C. πεντάρα, σελίνι
10 cents 17.09 cent 24.5 mm 1.7 mm 5.5 g Value, modern clay vase of Phini depicting flowers and birds δεκάρα, διπλοσέλινο, τσιφτές
20 cents 34.17 cent 27.25 mm 1.8 mm 7.75 g ? εικοσάρα, τετρασέλινο
[3] "ΖΗΝΩΝ Ο ΚΙΤΙΕΥΣ", Zeno of Citium 1989
[4] 50 cents 85.43 cent 26 mm 1.8 mm 7 g Cupronickel "CYPRUS·ΚΥΠΡΟΣ·KIBRIS", Coat of arms, year of minting A composition based on a 4th century B.C Cypriot coin of the Kingdom of Marion depicting the abduction of Europa by Zeus transfigurated into a bull, the inscription "King Timocharis" in Cyprosyllabic 1991 31 January 2008[2] 31 December 2009[2] πενηντάρα, δεκασέλινο
These images are to scale at 2.5 pixels per millimetre, a Wikipedia standard for world coins. For table standards, see the coin specification table.

The 20 cent coin currently minted has a different reverse side than the one shown above. Specifically, it shows the head of Cypriot philosopher Zeno of Citium.

When brand new, the first five coins (1, 2, 5, 10, and 20 cent) have exactly the same bright golden colour and they do not differ as shown on the table above. The 50 cent coin has a rounded heptagonal shape and has a bright silver colour.

[edit] Private pattern euro coins

Private pattern euro coins are known to have been struck to show what the Cypriot euro coins could look like.

[edit] See also

[edit] References

  1. ^ a b Central Bank of Cyprus. Demonetised Banknotes and Coins. Retrieved on 2007-12-31.
  2. ^ a b c d European Central Bank. The euro cash changeover in Cyprus. Retrieved on 2007-12-31.