One Kroon 1992 (mint sets only), Coin from Estonia - detailed information

One Kroon 1992 (mint sets only), Coin from Estonia (demonetised 1998)
CoinOne Kroon 1992 (mint sets only)

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.

MintJuveel Mint MarkNo mint mark Total Mintage20,000, Rarity: C (Common)
Obverse
Estonia / One Kroon 1992 (mint sets only) - obverse photo

The obverse depicts the Coat of Arms of Estonia, consisting of three lions passant gardant (walking to left, facing the observer) on a shield. The date 1992 is divided by the shield.

There is a tiny inverted letter M above the right (upper) front paw of the lower lion.

Obverse Inscription 1992
Reverse
Estonia / One Kroon 1992 (mint sets only) - reverse photo

At centre, the numeral value 1, below that the denomination KROON. Around above, · EESTI VABARIIK · (Republic of Estonia).

Reverse Inscription 1 KROON · EESTI VABARIIK ·
EdgePlainEdge InscriptionNone
Notes

These coins were only issued in brilliant uncirculated grade in mint sets called Estonian Coinset 1992 containing the five circulating denominations, issued by Eesti Pank (Bank of Estonia), in numbered folders, with mintage of 20,000.

There is controversy about the tiny letter M on the obverse. It is not a mint mark; it was originally present on coins minted by Juveel, but Juveel never had a mint mark for coins (it has markings on its other production); also, the letter is present on coins made later at other mints. The general opinion seems to be that the letter M is a privy mark of Rein Mikli, who was director of Juveel at the time the original dies were made.

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One Kroon 1992 (mint sets only): Details
CountryEstonia
CurrencyKroon (Second Kroon, 1992 - 2011)
Coin TypeOne Kroon, CuproNickel
Issued1992
SymbolCoat of Arms of Estonia
Face Value1 (x Kroon)
Total Mintage20,000, Rarity: C (Common)
CurrentNo; demonetised 1998
MaterialCuproNickel
DesignerAnts Raud, Arseni Mölder
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size23.350 mm
Thickness1.700 mm
Mass5.440 g
OCC IDAPVZ-OYRC-XBDW-ELMD
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One Kroon 1992 (mint sets only): Photos
ImageDetails
1 kroon
Copyright: Eesti Pank
Source
1 kroon
Copyright: Eesti Pank
Source
One Kroon 1992 (mint sets only): Catalogue Reference IDs
SourceReference ID
Krause, Standard Catalog of World CoinsEstonia KM# 28
Schön, WeltmünzkatalogEstland Schön# 26