The central part of the piece reproduces on the right a portrait of Alexander Lamfalussy, the first president of the IME. The name of the latter is below the portrait. At the left centre are the ‘EMI’ acronym and the year 1994, which refers to the Institute’s creation date and the designation of Lamfalussy as the first president. Under the "EMI" acronym, several pieces are represented falling on each other and containing, from top to bottom, the inscriptions "€", "ECU" and "BEF". To the extent that this piece is issued by Belgium, we chose "BEF", the eagle of our former national currency. The aim of this representation is to symbolize the transition of national currencies to a single European currency: the euro. The main objective of the IME was the establishment of the European System of Central Banks, including the ECB, and the new currency. On the upper left part of the piece is the inscription “European Monetary Institute”.
Since the Dutch royal currency will strike the coins, the workshop mark of Utrecht, a caducée de Mercure, appears on the left, accompanied by the coat of arms of the commune of Herzele, the workshop mark of the director of the Belgian currency. The country code "BE" and the 2019 vintage are at the bottom. The initials "LL" by Luc Luycx, who designed the drawing of the piece, appear on the right.
Tirage 155,000 copies