Press Release 24 November 2003
Behind the fortified walls of Reginald’s Tower, the Central Bank & Financial Services Authority of Ireland, in association with the Department of Environment, Heritage and Local Government, today launched the 2004 Euro Coin Set in Waterford. The set will be on sale to the public from next Monday, 1 December. The Central Bank has produced 40,000 of the 2004 uncirculated coin set.
The Central Bank presented the first set of 2004 coins to the Minister for the Environment, Heritage and Local Government, Martin Cullen, TD at the launch.
This is the second in a series of coin sets produced by the Central Bank in collaboration with the Department of Environment, Heritage and Local Government, which is responsible for many of Ireland’s national monuments, parks, gardens and nature reserves. The 2004 uncirculated set features Reginald’s Tower, Waterford’s oldest landmark. In the past the Tower has served as a fortress, a prison, home to the High Constable of Waterford City and even as a mint. In 1463, the Irish Parliament, then meeting in the city, decreed that coins were to be minted at Reginald’s Tower, with the words Civitas Waterford struck on one side.
Speaking at the launch the Minister said: "Given the history of Reginald's Tower it is most fitting and appropriate that a Set of Euro coins is being launched here today and there is a real sense of the wheel of history having come full circle."
Hugh O’Donnell of the Central Bank said that the Bank was delighted to continue with the coin sets featuring Ireland’s heritage sites. “The 2003 set, featuring the Casino in Marino, sold out within a few months. Today we are launching the 2004 set and we expect a similar success”.
The Central Bank plans to produce 700 million coins for general issue in 2004 in Ireland. The total number of euro coins issued by the Central Bank of Ireland to date is in the region of 2.1 billion – one of the highest concentration of euro coin issue in the euro area. The total value of all euro currency issued by the Central Bank since 1 January 2002 is about €7.2 billion.
An official order form for the 2004 uncirculated coin set can be received from the Central Bank & Financial Services Authority of Ireland by phoning 1890 307 607. The set costs €20.