||1 ban 1952||
15 mm diameter, 1 g, 95% copper, 5% aluminum, grained edge |
denomination "1 BAN" and year 1952
|Romanian coat of arms (1948 model - no star)|
Mintage: 67.400.000 coins
These coins were struck in the Soviet Union, at Moscow Mint. The bronze used for these coins contains a small amount of aluminum (or zinc, according to MBR).
The series in 1952 is composed of 1 ban, 3, 5, 10 and 25 bani and entered circulation as result of the monetary reform of January 28th 1952. The stabilization was aimed at toning up the role of monetary circulation in economy development. After the reform one leu was worth 79.346 milligrams of fine gold (as oposed to 6.6 milligrams of 90% fineness gold for the former leu). Money exchange has been accomplished at variable ratios, differentiated for the population (20:1), bussiness and state enterprises.
On the 1st of February 1954 the gold content of the leu was raised to 148.112 milligrams of fine gold, although the prices and salaries did not change.
The coin pictures above are present on Romanian coins through the kind permission of an anonymous donor.