The Central Bank of Cyprus (CBC) announces the launching by the European Commission of a competition for the selection of a design for a commemorative coin of nominal value €2 that will be issued in 2022 to mark the 35th anniversary of the Erasmus programme (now called Erasmus+).
Erasmus is the European Union’s programme to support education, training, youth and sport in Europe and offers European citizens the opportunity to study, train and gain experience abroad.
Entries to the competition must be of a professional standard and be submitted electronically to the following email address: ComCoin2022@centralbank.cy. The entry deadline will be Friday 6 November 2020 at 1:00 p.m..
Entries and related designs must comply with the terms of the competition and the technical specifications of the coin set out in “Annex I - Specifications”. In addition, each contestant must complete and sign a Declaration on Copyright, as per “Annex II - Declaration”, which must be submitted electronically with each entry. In this declaration, the contestant must also indicate whether or not he accepts the granting of access by the European institutions to his/her design and the correspondence related thereto, in the event of a request from third parties.
Design proposals submitted in a timely manner and which meet the conditions of the competition and the technical specifications of the coin will be sent by the CBC to the European Commission for evaluation.
The pre-selection of the best five designs will be made by a jury, most likely to be composed of two professional designers not having submitted an entry to the competition, representatives from the Economic and Financial Affairs Directorate-General of the European Commission and probably other competent people. The selection of the final design will most likely be made by people who have participated in an Erasmus programme, through web vote to be organised by the European Commission. The final selection is expected in the spring of 2021.
For clarifications you may contact the Currency Management Department of the CBC, telephone numbers 22714222 or 22714537.