Sell Euro to the Best Buyer in Las Vegas & Henderson, NV 

The Euro is the official currency of 19 out of the European Union’s 27-member states. The Eurozone, sometimes known as the euro region, is a group of countries with around 343 million residents. Also, after the United States dollar, the Euro is the world’s second-largest reserve currency and the second-most traded currency. 

Brief History

The Euro ushered in a new era in European history when 11 states adopted it as a unified form of currency. Its introduction dramatically affected the global economy and was a watershed moment in the continent’s history. Right now, it is the official currency of 19 members of the European Union and the states of Kosovo and Montenegro.

In the 1970s, European politicians began discussing the creation of a common currency. Then, the Maastricht Treaty of 1992 officialized the proposal, establishing the European Union and setting the path for forming a single European currency. On December 31, 1998, 11 countries “locked in” their currency rates against the Euro and each other. Then, their currencies formally vanished at midnight. The “legacy currencies” remained banknotes for the next three years, but electronic transfers and other non-physical monetary transactions began to use euros. Between its original introduction and the currency’s physical debut, Greece would join the Eurozone.

To ensure that there would be enough euros available on January 1, 2002, European mints printed 7.4 billion notes and minted 38.2 billion coins in preparation for this historic milestone in European monetary history. Consequently, designated coin designers finalized the designs for the new banknotes and coins in the mid-to-late 1990s. The production took around three and a half years before the physical money was scheduled to be released. 

Euro in the 2000s

Beginning in December 2001, banks distributed “starter packs” containing tiny euros to help consumers become acquainted with the new currency. Finally, a year later, the Euro became legal tender worldwide. The first formal purchase took place on the far-flung French island of Réunion, where a man used euros to purchase a pound of lychees.

To give citizens time to acclimate, member nations had two currencies for the following two months. After that, businesses began posting prices in euros and legacy currencies. Allegedly, some would also raise prices due to the move. The process of generating a new currency for a population of over 300 million people, on the other hand, went reasonably easily.

Popular Euro Banknotes

The banknotes fall under two series. There are seven denominations in the first series: €5, €10, €20, €50, €100, €200, and €500. The second series, known as the Europa series, included six denominations and was completed on May 28, 2019, with the release of the €100 and €200 notes. The €500 banknote was not included in the Europa series and is no longer in circulation as of April 27, 2019. The Europa series is gradually replacing the first series of notes, which were first printed in 2002. All of the notes are legal money in the Eurozone. 

Significantly, Europa, a figure from Greek mythology whose picture can be seen in both the watermark and the hologram stripe of the new euro banknotes, is the name of the second series of euro banknotes. The Europa series retained the first series of euro banknotes’ basic graphic features and color scheme. However, the “Ages and styles” concept depicting architectural styles from various times in Europe’s cultural past has been slightly updated. The security measures on the new and upgraded series of euro banknotes have been updated to make them even more counterfeit-proof.

Best Buyer of Euro

Nevada Coin Mart is the best buyer of Euro in Las Vegas and Henderson. People have come from all around Nevada to acquire quick cash for their euros. Our crew conforms to quality control requirements in testing and analyzing your items using highly effective and efficient equipment and facilities. Feel free to bring your rare euros to our shop for a free quote. We are open from 9 AM to 6 PM every day of the year. Visit us at Nevada Coin Mart®, 4065 S. Jones Blvd, Las Vegas, NV 89103, or call us at 702-998-4000 for more information.