25 Øre (Denmark)

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The 25-Øre piece ( Danish: 25-øresmønt ) was the lowest circulation coin in the Danish krone between 1991 and October 1, 2008 . Since 1991 it has been a copper coin that was equivalent to around 3.5 euro cents.

coin

The last version of the 25 Øre coin was first put into circulation on January 29, 1991, withdrawn from circulation on October 1, 2008 and is no longer in use as a means of payment, but could be used by banks and savings banks until October 1, 2011 and the National Bank. Both Norway and Sweden had previously abolished their respective 25-Øre pieces (in Sweden with the spelling “Öre”). The smallest coin units have since been 50 Øre each. The reason for the abolition of the 25 Øre coin is the cost of production, which exceeds the face value .

The last Danish 25 Øre coin was made of bronze , which was 97% copper , 2.5% zinc and 0.5% tin . It was 17.5 mm in diameter, weighed 2.8 g and was 1.55 mm thick. Its edge was smooth.

history

The first 25-Øre piece was introduced in 1875 and was made of 60% silver. Pieces made from 1920 onwards consisted of silver-colored cupronickel (75% copper , 25% nickel ) because silver was becoming too expensive. From 1924, the 25 Øre coins were made as perforated coins , which among other things served the visually impaired for easier identification.

At the end of the Second World War , there was also a material shortage in Denmark, which is why the 25 Øre pieces were made of zinc . Corrosion quickly made these coins unsightly. From 1948 onwards, copper nickel was used again, but the hole that was only reintroduced in 1967 was dispensed with.

In 1991 the 5 and 10 Øre coins were abolished, so that the 25 Øre copper coin became the smallest means of payment in Denmark.

With effect from October 1, 2008, the 25 ore piece was also abolished because here too the purchasing power was too low and the production costs too high. Until October 1, 2011, 25 ore coins could be exchanged in banks. As a consequence of the abolition, new rounding rules were applied. Amounts from 0.25 kroner to 0.74 kroner are rounded to 50 ore and the other amounts are rounded to the next larger or smaller full crown amount. However, the new rounding rules are only used for cash payments. In cashless payment transactions , exact sums are still posted without any rounding.

  • 25 Øre 1874 front and back

  • 25 Øre 1911 front page

  • 25 Øre 1911 back

  • 25 Øre 1915 front and back

  • 25 Øre 1926 front and back

  • 25 Øre 1941 front page

  • 25 Øre 1941 back

  • 25 Øre 1967 front page

  • 25 Øre 1967 back

  • 25 Øre 1997 front page

  • 25 Øre 1997 back

literature

  • Jørgen Steen Jensen: " Danske mønter and sedler - crown and øre from 1875 to the day ", 2001, Aschehoug Forlag A / S, ISBN 87-11-16248-1
  • “Den danske 25-øre bliver historie”. In: Alt om Historie No. 7/2008 (p. 9) ISSN  1604-9640

Web links

Individual evidence

  1. ^ Danmarks Nationalbank: Nationalbanken - Denmark's coin series ( Memento of March 25, 2010 in the Internet Archive ) (as of September 15, 2011), accessed on April 26, 2010