1 kroon coin (1934) of only 16 mm and on the front the inscription "Eesti" instead of "Eesti Vabariik". These coins are both made of gold as well as silver. Another re-issued version of the coin is about its original size, but the quality of the parts is much worse. In 2012, the 1934 one-kroon coin was voted "the prettiest coin ever to be in circulation in Estonia". 1 kroon coin (1934) The 1 kroon coin was put in circulation from 1 August 1934 to 25 March 1941, during the first independence period of Estonia. The exact number of coins minted is not known,
European Monetary Institute creation of the ECB and the European System of Central Banks (ESCB) which took over its expanded responsibilities as the euro was launched. The EMI was the key monetary institution of the second phase of the Economic and Monetary Union of the European Union. The EMU encouraged cooperation between the national banks of the member states of the European Union (EU) and laid the foundation for the euro. It had less than 250 staff, mostly seconded from national central banks, and was based in the Eurotower, Frankfurt (Germany), where the ECB is now based. European Monetary Institute The European Monetary