startpaket (12. 090)

Two weeks ahead of the introduction of the new currency, the mints of the Economic and Monetary Union of the European Union began on this day in 2001 to distribute starter kits of coinage in Greece, Portugal and Germany in order to familiarise citizens and cashiers in advance of their upcoming €-Day (see previously, see also). With a face value of 10,23 or 20 DM, five thousand drachma or two thousand escudo, around fifty-four million sealed plastic sachets were given out through local banks. Having moved to Germany just after the transition that took place on New Year’s 2002, I remember it being a strange time with the sentiment that prices had doubled overnight—or one’s worth suddenly halved—and many retail outlets were still in the process of changing over, accepting both Mark and US dollars at parity.