It was a customs union and a currency union with the aim of strengthening cooperation and integration between the two countries. The union started with a first period of 50 years that was signed on 25 July 1921. Several new protocols were subsequently signed since the start of the BLEU in order to maintain it for a longer period of time. The latest protocol was signed between the two countries on 18 December 2002.
The national side of the coin features the effigy of the Belgian King Philip I and that of Grand Duke Henri of Luxembourg. In addition, both countries are depicted, with the mention of the Economic Union, and the years 1921 and 2021. As the Royal Dutch Mint will strike the coins, the mintmark of Utrecht, a mercury staff is located on the bottom together with the Belgian mint director mintmark, the coat of arms of the municipality Herzele. It also contains the initials LL, referring to the designer of the coin, Mr. Luc Luycx. The coin’s outer ring depicts the 12 stars of the European flag.
Subject of commemoration
The 100th anniversary of the constitution of the Belgium-Luxembourg Economic Union (BLEU)
Date of issue
155 000 coins