1 Ban

Brief Description

The coin features the Romanian coat of arms on the obverse, with the country name 'ROMANIA' above it and the year '2005' below. The reverse side, although not clearly visible, typically shows the denomination '1 BAN' and a design element.

Historical Significance

The 1 Ban coin was introduced as part of the redenomination of the Romanian Leu (RON) in 2005. This redenomination involved replacing 10,000 old lei (ROL) with 1 new leu (RON). The new series of coins and banknotes aimed to simplify financial transactions and align Romania's currency system with international standards as the country prepared for its entry into the European Union.

Estimated Value

Very low, typically less than $0.01 USD. These coins are common and generally only hold face value, unless they are in uncirculated condition or possess rare minting errors.

Care Instructions

To preserve its condition, handle the coin by its edges to avoid fingerprints. Store it in a cool, dry place, preferably in a non-PVC coin holder or album. Avoid cleaning the coin unless absolutely necessary, as improper cleaning can damage its surface and significantly reduce its value to collectors.

Created At: 2025-09-06T11:38:42.406442