Cyprus’ €2 coin wins award

THE CYPRUS €2 coin has been awarded first prize, gaining the title ‘Best Trade Coin’ in an international competition organised in 2009 by Krause Publications, the American publisher of World Coin News, the Central Bank has announced.

The winning coin is the common €2 coin in circulation, which depicts a cross-shaped idol dating back to the chalcolithic period (3000 BC). The idol is an example of Cyprus’ prehistoric art and civilisation.

In the judges’ view, the coin possesses all-around appeal both from the aesthetic and commercial viewpoints and best meets the basic considerations of actual circulation as a monetary unit.

Cyprus coins have received international prizes in the past. The award will be presented on January 30 in a special ceremony at the World Money Fair in Berlin.