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Central bank to released 1916 coin

Central bank to released 1916 coin

The Central Bank is set to release a commemorative €2 coin to mark the centenary of the 1916 Easter Rising.

Paul Molumby, director of currency and facilities management at the bank, said: "It's a significant achievement for us to mint and issue our own circulating commemorative coin.

"The design reflects back to the GPO and its association with the Easter Rising and the reading of the Proclamation."

The coin features a depiction of the statue of Hibernia, the historic personification of Ireland, on the roof of the General Post Office (GPO) in Dublin.

The designer of the coin, Emmet Mullins, said the statue of Hibernia "witnessed the events of 1916 and watched the growth of a nation since the Rising".

This will be the first time that Ireland has issued its own commemorative €2 coin.

Previous commemorative €2 coins issued by Ireland were part of a European Union initiative.

This €2 coin will be available to purchase in a proof set, and an annual mint set, in January.

The Central Bank announced news of the new €2 coin on its official Twitter account. It said €4.5m worth of the coins will be released into circulation in January.

It added that it will also release silver and gold proof commemorative coins to mark the 100th anniversary of the Proclamation of the Irish Republic.