The second Estonian kroon currency was introduced in 1992, after Estonia gained independence from the USSR. The kroon was subdivided into 100 cents (senti; singular sent). The one kroon coin was a popular circulating denomination; there was also a banknote with the same value, but the banknote was only issued in 1992 and was rarely used, as opposed to the coin.
Coins of this first type of 1 kroon were made of copper-nickel; however, due to their similarity to the German one mark, it was decided to replace them with a Nordic gold type.
Coins issued in 1992 circulated for six years and were demonetised on 1 June 1998.
The second Estonian kroon currency was introduced in 1992, after Estonia gained independence from the USSR. The kroon was subdivided into 100 cents (senti; singular sent). The one kroon coin was a popular circulating denomination; there was also a banknote with the same value, but the banknote was only issued in 1992 and was rarely used, as opposed to the coin.
Coins of this first type of 1 kroon were made of copper-nickel; however, due to their similarity to the German one mark, it was decided to replace them with a Nordic gold type.
The 1992 kroon was only struck for mint sets. No 1992-dated 1 kroon coins were issued into circulation. |