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CZECHOSLOVAKIA (Federal Republic) (1990-1992) - Czechoslovak koruna [CSK]

1 koruna = 100 haleru

Czechoslovakia became formally a federation already on January 1, 1969, but it was rather an empty gesture for Slovaks, who demanded greater freedom within Czechoslovakia. Apart from creation of the Czech and Slovak Socialist Republics the decision making process practically did not change and still the Czechs were the privileged nation within the republic. Thirty years later, in the result of the bloodless Velvet Revolution of November 1989 the Czechoslovak communists gradually began to give away the power. New members of parliament started works on amendments to the constitution that led to situation that the state finally began to function as a federation. Apart from minor conflict about the formal name for the new country the Czechs and the Slovaks have adopted a new emblem of the state, which appeared immediately to coins obverses. In addition, the five-pointed star was removed from the reverses. An excess of work in the Kremnica Mint forced Czechoslovaks to order two- and five-crown coins in the United Kingdom. All these coins were in federation circulation barely for two years, because on January 1, 1993 Czechoslovakia ceased to exist, and on its place two states appeared: the Czech Republic and Slovakia. Czechoslovak koruna [CSK] was replaced with Czech koruna [CZK] and Slovak koruna [SKK].

Czechoslovak coins are mostly decorated with the theme of a lime (Tilia) tree (leaves, branches or whole wreaths), because lime is regarded as the national plant of the Czechs and Slovaks.

last update: 28 X 2012

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