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10-krone coin to be withdrawn


roaddevil
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The Norwegian Central Bank has announced that the 10-krone coin showing the profile of King Olav V of Norway will be withdrawn from circulation, effective September 15th.

 

There are still 22 million such coins in circulation, according to the Central Bank. Many will have disappeard over the years, and some will have been picked up by collectors at home and abroad.

 

Coin dealers in Oslo now pay NOK 60 for an unused specimen of this 10-krone coin, Vaart Land writes.

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The Norwegian Central Bank has announced that the 10-krone coin showing the profile of King Olav V of Norway will be withdrawn from circulation, effective September 15th.

Hmm, strange. That coin was last made in the early 1990s (Olaf's successor Harald V became king in 1991). In September 1995 it was withdrawn from circulation, and replaced by new lighter ones showing Harald, but could still be redeemed at the central bank.

 

This year, again in mid-September, the redemption period ended, so now the coin has a value for collectors only. But 60 kr is not bad of course. :ninja:

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