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Sunday, 25 July 2021

1950) "Nutella", Italy: "Italian Excellence Coin Series": A 5 Euro Silver Coin, in three variants - Red, White & Green - issued by the "Istituto Poligrafico e Zecca dello Stato" (IPZS): Year of Coin Release: 2021:

1950) "Nutella", Italy: "Italian Excellence Coin Series": A 5 Euro Silver Coin, in three variants - Red, White & Green - issued by the "Istituto Poligrafico e Zecca dello Stato" (IPZS): Year of Coin Release: 2021:

This is one of the Celebratory Coins of the Numismatic Collection 2021, issued by the Ministry of Economy and Finance and minted by the State Mint. 

The collection consists of 15 subjects inspired by history, art, sport, science, nature and Italian food and wine excellences

Below are the subjects of the new Collection, 15 works which showcase Italian history:

150th Anniversary of the institution of Rome as the Capital of Italy – 2 Euros

World Alpine Ski Cortina – 5 Euros

Italian Excellences Nutella Series – 5 Euros (White, Red and Green)

Emperors series – Constantine – 10 Euros

Prominent writers - Grace Deledda

Italian Artists Series – Ennio Morricone – 2 Bimetallic and Silver variants (5 Euros each)

Health Professions – 2 Euros

Food and Wine Series – Emilia-Romagna, tortellino and lambrusco – 5 Euros

Food and Wine Series – Sicily, cannolo and passito – 5 Euros

700th Anniversary of the death of Dante Alighieri – Inferno – 2 Gold and Silver variants (20 and 5 Euros)

450th Anniversary of the Birth of Caravaggio – 2 gold and silver versions (20 and 5 Euros)

150th Anniversary of the invention of the telephone – Antonio Meucci – 5 Euros

Endangered Animals Series - Polar Bear – 5 Euros

Iconic Coin Series - Lira – 2 versions (20 and 50 Euros)

100th Italian Basketball Federation – 10 Euros

The themes, sketches and artistic techniques of the 2021 Collection have been chosen, as every year, by a Commission composed of representatives of the Ministry, the Mint and Masters of Art.

The Poligrafico e Zecca dello Stato (IPZS) has released new 5 Euro collector coins  in its "Italian Excellence Coin Series" - NUTELLA® of the Ferrero Group - TRIPTYCH:

The Header/Banner shows the three 5 Euro variants - Green, White and Red - against an image of a Nutella jar being loaded by stylised "robotic" helpers

The Obverse and Reverse of the 5 Euro Silver coin seen against a background of the Coin Album holding a Coin Variant

2021 marks the 75th Anniversary of the birth of the Ferrero Company.

Pietro Ferrero owned a bakery in Alba, Piedmont, an Italian town known for the production of hazelnuts. 

In 1946, he sold the initial 300 kilograms (660 lb) batch of Pasta Gianduja, derived from Gianduja. Originally sold as a solid block, Ferrero started to sell a creamy version in 1951 as "Supercrema gianduja".

The result of Michele Ferrero's genius, Nutella® was born from the union of "NUT," (a hazelnut in English), and "ELLA", (an Italian suffix with a sweet and positive sound).  

Derived from Granduja, a mix of chocolate and hazelnut that itself was the result of Napoleon’s blockade of British goods (the main supplier of cocoa), it morphed into Nutella in 1964

In 1963, Ferrero's son Michele Ferrero revamped Supercrema gianduja with the intention of marketing it throughout Europe. Its composition was modified, and it was renamed "Nutella". 

The first jar of Nutella left the factory in Alba on April 20, 1964. The product was an instant success and remains widely popular.

Thus began a page of history of "excellence of Made in ltaly" and a product that has become a symbol of Italianness in the world.

In 2012, French senator Yves Daudigny proposed a tax increase on palm oil from €100 to €400 per tonne. At 20 percent, palm oil is one of Nutella's main ingredients, and the tax was dubbed "the Nutella tax" in the media.

Made by the Ferrero Corporation to this day, it has enabled the company to be the second biggest chocolate and confectionary company in the world today, with sales in excess of $11 billion per annum. 

Still a privately held company, it remains under the Ferrero family, and produces around 365,000 tonnes of Nutella every year.

An Italian icon, Nutella has been commemorated with a set of three coloured coins - Red, Green and White - from the Italian Mint, IPZS, as part of their Italian Excellence range.

The Commemorative Coin:

On the Reverse of the Five Euro Silver Coin,  at the center, is depicted the largest Italian plant of the Ferrero Group: the Alba plant, Cuneo, where the company specialized in confectionery products, and which was founded in the forties. 

On the left, the name of the designer, "A. MASINI"; on the right, the year of issue "2021"; in exergue is inscribed the denominational value "5 EURO" and "R", (mintmark of the Mint of Rome).

On the Obverse of the 5 Euro Silver Coin, on the upper periphery, is the inscription "REPUBBLICA ITALIANA" (name of the issuing country - Italy) placed along the lower edge. 

The Coin has been minted with three coloured variants - Red, Green and White - (depicting the colours of the jars in which Nutella is marketed).

At left of the inscription is the name of the designer "A. MASSINI".

The specifications of this Coin are:

Country of issue: Italy; Coin Series Theme: "Italian Excellence - NUTELLA"; Year: 2021; Denomination/Face Value: € 5.00 (Five Euro); Metal Composition: .925 Fineness Silver (Ag); Weight: 18.0 grams; Diameter/Size: 32.0 mm; Coin Quality: Brilliant Uncirculated (BU) with applied colour; Mintage: 10,000 pieces (of each of the three individual Variants) + 5,000 Sets; Minted by: Istituto Poligrafico e Zecca dello Stato (IPZS);  Designer: A.Massini.

Each coin is encapsulated and presented in a branded IPZS case accompanied by a Certificate Of Authenticity (COA)

The three Coin-set Album - Cover


The Three Coin-Set Album - Inner Pages.














For some other interesting posts from Italy/The Vatican, please visit the following links:











6 comments:

  1. Santosh Khanna has commented:
    "Outstanding! Thanks for sharing."

    ReplyDelete
  2. Ashok Borate has commented:
    "Great, thanx for sharing."

    ReplyDelete
  3. Rajan Trikha has commented:
    "Great story👍👍"

    ReplyDelete