Dáil Éireann Debate, Tuesday - 16 January 2018
222. Deputy Pearse Doherty asked the Minister for Finance if it is only the Central Bank that produces coins officially recognised by the State to mark historic events; if his or the Central Bank's attention has been drawn to private companies implying that they are selling officially sanctioned commemorative coins; and if he will make a statement on the matter. [1087/18]
View answerThe Central Bank of Ireland acts as agent for the Minister for Finance in issuing all legal Irish coin, both circulating coins and commemorative coins. The Central Bank is the sole body with the statutory authority to issue coin as legal tender in Ireland. The Central Bank is aware that there are private companies within the market that offer coin-like objects and medals for sale and has expressed its concern to some of these companies about how they represent some of their products. I am informed by the Central Bank that it intends to contact both the Advertising Standards Authority for Ireland and the Competition and Consumer Protection Commission in relation to the concerns it holds.
