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THE CENTRAL BANK of Ireland today launched a silver commemorative coin for the late Luke Kelly.
The coin was officially launched by President Michael D Higgins at Luke Kelly’s former school, St Laurence O’Toole National School in Dublin 1.
It is available to purchase from 2pm and retails at €64.99.
A statement from the Central Bank said the issue is limited to 3,000 coins with a limit of one coin per transaction.
It is the final coin in the Modern Musicians series of silver coins, which have previously featured Rory Gallagher and Phil Lynott.
Central Bank Acting Deputy Governor Mark Cassidy said: “We are delighted to issue this coin to commemorate the late and much-loved Luke Kelly.
“It is especially fitting to be at his former school, St Laurence O’Toole National School, for this launch and we are immensely grateful to the staff and pupils for welcoming us today for this special occasion.”
“Luke’s impact on and musical contributions to Irish culture were seminal and he continues to be held in warm regard by generations of people in Ireland. This coin celebrates his legacy and provides a fitting tribute to his memory.”
It can be purchased here.
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Anyone want to buy a used fiver for €50?
@Kian Griffin: Do yo use Paypal?
@Kian Griffin: the Rory gallagher coin is now worth €600 the phil lynott one is worth €350 now. With the 3 sold as a trilogy I think they will be worth a good few bob
@The number 78: And it’s already sold out on the website. Would have liked to get one. I used to collect coins as a kid and had built up quite a collection of rare and proof limited edition coins, unfortunately in my early 20′s I sold them all in a moment of madness and bought a moterbike with the proceedes. I can only imagine how much they would be worth now if I had kept them all.
@David Corrigan: Paybud.
@Kian Griffin: it’s on ebay now for €650
Sounds like buying a house in Ireland. Pay 5 times it’s actually worth
@Michael: won’t point out the maths on that one
@Colm O’ Shea: 4.333333 to be exact
Surely it should retail at €15.
@Harry Trafford: Nope, collectors item. You won’t see any of them used as tenders
@Johnny Kelly: then why even make it a €15 coin. Surely the nominal value should be what they’re selling it for initially. If its solely meant to be a collector’s item, why put a value on it? As it is, it appears to be two arbitrarily chosen figures.
@Donal O’Brien: this is standard practice across the board, lots of countries do this, but you’re right it does seem daft. It’s sort of like when a company IPOs its shares, they have a nominal value but people will pay ‘x’ amount for them even in pre-sale. Why? It’s the perceived worth it may achieve in the future…. Its kind of a bad example when you think of the dot com bubble but it’s the best I can think of.
@Johnny Kelly: so the Mint want a cut of what they perceive to be a valuable collectors item…. Sums up Ireland…..
@Harry Trafford: Nope, it’s made out of Sterling Silver, so it’s initial price is based on the silver content.
@Alan Byrne: then why put a €15 face value on it.
The digital one is out next week retailing @ €100.
@Pat Barry: does anyone want an NFT of a heavily pixelated Lukes face for 1k?
Only for his name is on the coin I wouldn’t have a clue who it was.
@John: Looks more like Neptune
@John: Eh… That’s why the name is on it!!!!
@Alan Byrne: Poseidon
€76.44 actually. “Shipping and processing costs”
Website shambles as ever
Serious question…. Would this €15 coin be legal tender, if you so chose to use it?
@Mick Woods: Yes, but unless you could convince the vendor to give you €65-worth of goods or services for it, you’d be ripping yourself off.
@Type17: Then it isn’t.
@Pat Barry: nah he’s right I think, I think it could be used as a €15 coin and so legal tender but a €65 bartering token is probably what it would be used as… or just a collectors item. I wouldn’t go to the trouble of buying it for €65 though just to use it as a €65 token. Then again if I was stinkin rich it might be fun to give somebody one as a €15 tip for waiting a table or something….
I bought a counterfeit one for €10
Completely Sold Out!!!!!!!!
@Martin O Connell: Good. That’ll stop my thinking about wasting money on something else I don’t need for the wall of the bar downstairs
Won’t be long now til they vandalise it.
Would Luke Kelly approve?
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