Silver Ounce 2023 Maltese Cross, Coin from Malta - detailed information

Silver Ounce 2023 Maltese Cross, Coin from Malta
CoinSilver Ounce 2023 Maltese Cross

Malta has been using the Euro as its currency since 2008. Apart from the regular circulation coinage, the country has also authorised some mints to issue non circulating and bullion coins under its jurisdiction. The silver ounce is an internationally popular format, and is usually denominated as €5 (Five Euro). According to Eurozone convention, the denomination is legal tender in Malta only, and not in the whole Eurozone.

This coin is the first release of a euro-denominated bullion coin featuring the Maltese Cross, and is struck by the Pressburg Mint under the authority of the Central Bank of Malta.

MintPressburg Mint Mint MarkNo mint mark Total Mintageunknown
Obverse
Malta / Silver Ounce 2023 Maltese Cross - obverse photo

The obverse of the coin shows at its centre the Coat of Arms of the Central Bank of Malta. At centre, a shield divided in three parts; in the top part, a horizontal key as a symbol of economic progress and security; the lower parts have "heraldic hatching" indicating a white background on the left, and a red background on the right - the colours of the flag of Malta; in the left part, the George Cross, awarded to Malta for bravery in April 1942 by King George VI. Above the shield, a crest surrounded by laurel and palm branches, symbols of honour and peace respectively, supporting a mural crown on top - symbolic of Malta's historic role as a fortress.

On the sides, the shield is supported by two armoured and helmeted Knights of Malta holding large swords, representing confidence and strength, the two virtues incorporated in the Bank's motto. These symbolise some of the greatest pages in Malta's long military history, which, for more than two-and-a-half centuries, was ruled by the Order of the Knights of St John of Jerusalem. The plumed helmet of a knight which surmounts the shield also has a special connection to Malta as it was modelled on one found on a monument in the 16th century Co-Cathedral of St John in Valletta, built by the Knights.

On a ribbon below, the motto in Latin: FIDUCIA FORTIS ("In Confidence Strength"), and the date the bank was founded, 1968.

Around above, the name of the issuing authority: CENTRAL BANK OF MALTA.

On the sides of the Coat of Arms, two small Maltese crosses. Below, the face value 5 EURO.

The background is textured with thin straight lines.

Obverse Inscription CENTRAL BANK OF MALTA + 5 EURO +
Reverse
Malta / Silver Ounce 2023 Maltese Cross - reverse photo

The reverse design shows at its centre a large Maltese Cross, consisting of four "V" or arrowhead shaped concave quadrilaterals converging at a central vertex at right angles. At its centre, the George Cross with a tiny St George and dragon scene in the middle.

Around above, the name of the country: MALTA. On a small ribbon below that, the date of issue 2023.

On the left and on the right (twice), the purity of the metal: 9999. Around below, 1 OZ FINE SILVER (i.e., one troy ounce of 99.99% silver).

The background is textured with thin straight lines, with a floral motif around the cross in the centre.

Reverse Inscription MALTA 2023 9999 1 OZ FINE SILVER
EdgeMilledEdge InscriptionNone
Notes

Silver content (Troy oz.): 1.000
Finish: bullion (Brilliant Uncirculated).
Release date: 15 March 2023.
Release price: 31.10 €

See also

Coins in the Maltese Cross range include:
- 1 oz Silver, Maltese Cross 2023
- 1 oz Gold, Maltese Cross 2024
- 1/10 oz Gold, Maltese Cross 2024
- 1 oz Silver, Maltese Cross 2024

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Silver Ounce 2023 Maltese Cross: Details
CountryMalta
CurrencyEuro, Malta
Coin TypeSilver Ounce (1 oz), Bullion
Issued2023
EffigyCoat of Arms of the Central Bank of Malta
ReverseMaltese Cross
Face Value5 (x Euro, Malta)
Mintageunknown
CurrentYes
Material0.9999 Silver
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size38.0000 mm
Thickness2.800 mm
Mass31.3100 g
OCC IDLGVB-OLDC-ZWNY-OMPX
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Silver Ounce 2023 Maltese Cross: Photos
ImageDetails
Silver Ounce 2023 Maltese Cross: Photo Maltese Cross 2023 | 1oz Silver 9999 | Bullion / thumbnail Maltese Cross 2023 | 1oz Silver 9999 | Bullion
Copyright: Pressburg Mint
Source
Silver Ounce 2023 Maltese Cross: Photo Maltese Cross 2023 | 1oz Silver 9999 | Bullion / thumbnail Maltese Cross 2023 | 1oz Silver 9999 | Bullion
Copyright: Pressburg Mint
Source