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| NUMISBRIEF (COIN COVER) ISSUED TO CELEBRATE THE FOUNDATION OF THE EUROPEAN CENTRAL BANK (ECB) IN FRANKFURT AM MAIN. |
| KEY DETAILS |
| OCCASION: IT MARKS THE ESTABLISHMENT OF THE ECB, WHICH OFFICIALLY TOOK PLACE ON JUNE 1, 1998, AS THE CUSTODIAN OF THE EURO. |
| POSTMARK: THE ENVELOPE FEATURES SPECIAL PICTORIAL CANCELLATIONS DATED JULY 18, 1998, FROM FRANKFURT AM MAIN, THE CITY WHERE THE BANK IS HEADQUARTERED. |
| CONTENTS: |
| COINS: THE COVER CONTAINS A SET OF CIRCULATION COINS FROM VARIOUS EUROPEAN NATIONS THAT WERE PREPARING FOR THE TRANSITION TO THE EURO. |
| STAMP: IT INCLUDES A COMMEMORATIVE GERMAN POSTAGE STAMP ISSUED IN 1998 SPECIFICALLY FOR THE BANK'S FOUNDATION. |
| SYMBOLISM: THE CENTRAL GRAPHIC DEPICTS THE "EURO-SYMBOL" AND THE BANK'S ABBREVIATION IN MULTIPLE LANGUAGES (EZB, ECB, ETC.) ALONGSIDE A HOUSE-LIKE STRUCTURE FILLED WITH EARLY EURO BANKNOTE DESIGNS. |
| HISTORICAL SIGNIFICANCE |
| IN 1998, ELEVEN MEMBER STATES MET THE CRITERIA FOR THE SINGLE CURRENCY, LEADING TO THE OFFICIAL LAUNCH OF THE EURO AS A "BOOK" CURRENCY ON JANUARY 1, 1999. THE PHYSICAL BANKNOTES AND COINS SEEN IN THIS SET WERE REPLACED BY PHYSICAL EUROS IN 2002. |