Commemorative coin for 100th anniversary of Nobel Peace Prize
In August 2001, Norges Bank will issue a silver coin to commemorate the 100th anniversary of the Nobel Peace Prize. The coin will be produced by Den Kongelige Mynt A/S (the Royal Norwegian Mint) at Kongsberg, which also produces the gold medals that are presented to prize-winners. The obverse features the heraldic lion, modelled by Øyvind Hansen, a former coin engraver at the Royal Mint. The reverse of the coin bears the same motif as the prize-winners' medals - Norwegian sculptor Gustav Vigeland's portrait of Alfred Nobel.
The coin is of silver (925/1000) and has a nominal value of NOK 100. A maximum of 50 000 will be struck in proof quality and priced at NOK 395. Any surplus from the sale of the coin will be transferred by Norges Bank to the Ministry of Finance, which will use the proceeds for the benefit of the general public.
The Peace Prize was awarded for the first time to Henry Dunant, founder of the Red Cross, in 1901.
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