Ireland’s new bronze coin, Republic of the Irish Republic, has been unveiled on Tuesday and features the Republic emblem and the words “freedom trade” written in large, block letters.
It was produced in a ceremony at the Government Buildings in Dublin on Monday and was presented to the public for the first time.
The coin was created by Dublin’s Department of Finance and is valued at €20.2 million.
It is the Republics first coin and the first coin of a new currency.
It has been minted in a single series of 50 coins, each of which features the design of the Republic on one side and the symbol of Ireland on the other.
“It is a symbolic representation of Ireland in a new way,” said the Minister for Finance Paschal Donohoe.
“I am delighted that this new coin has been produced in such a way that it recognises Ireland in its fullness, and we will be very proud to display it in our offices at Government Buildings for the public to enjoy,” he added.
“The Republic of Irish Republic is the symbol and the flag of the people of Ireland.
This coin represents Ireland in all its glory.”
Mr Donohos presentation of the coin was the first in the Republic, which has already produced coins for the European Union and the Commonwealth, as well as coins for members of the US and Australia.
The Republic of Northern Ireland will produce its own coin in the near future, the Minister said.
“We have not yet decided what the coin will be called.
The name that we have chosen is the Northern Ireland Coin,” he said.
The new coin will also be presented to members of a number of other European countries.
It will be presented by Ireland’s Secretary of State for Finance, Catherine Byrne, in Brussels, Belgium on June 10.
It also will be introduced into the official currency of the European Economic Area (EEA), which is currently the euro.