Why has Germany given up issuing 1 Euro coins for circulation?

Can anyone tell me why Germany isn't issuing 1 Euro coins for circulation any more?  

You would have thought that the largest economy in Europe could afford to add it's own coinage into the circulating mix in general use, especially a coin that is so widely used.  Why should they be allowed to leave the production of essential pocket cash (the 1 euro is likely to be the most used coin of all) to countries who have less developed economies?  Are there so many 1 euro coins in circulation that the German mint masters feel they need to take a bit of a holiday?

LDC63

Can anyone tell me why Germany isn't issuing 1 Euro coins for circulation any more?  

Germany continues to issue German 1 Euro coins. 

However, the Bundesbank overestimated the need for this denomination early in the introduction of the Euro coins. There have been huge numbers of 1 Euro coins in storage for many years. Last year, I received brand new €1 coins (dated 2004, mintmark ‘’F'') in change.

Side note: The year on German Euro coins (except for the 2002 dated ones) indicates the year in which the coins were ordered. NOT when they were minted. For example: It is known that 2003-dated 10 cent coins were minted in 2008.

That would be news to me (can you link sources for that). The date on German coins usually represents the supposed circulation date, so coins are usually made in advance. In contrast to France were the production date has to be on the coin (the reason why there are 1999 French coins but no German ones).

Also the production capacities are very large so a 2008 coin with a 2003 date sounds more like a die issue to me.

Idolenz

The date on German coins usually represents the supposed circulation date, so coins are usually made in advance.

This is only true for the 2002-dated circulation coins of the 1c, 2c, 5c, 10c, 20c, 50c, €1 and €2 denominations and the NCLT commemorative coins (2002 to present).

Starting with 2003, the date, year resp., on the circulation denominations (excluding the €2 commemorative coins) shows the year they were ordered by the Bundesbank. 

This has been established by documents of the Bundesbank and very extensive and thorough work of two very dedicated (one in particular) members of a German coin collector forum who began their research shortly after the introduction of the Euro coins.

And yes, coins ordered in 2003 and 2004 were indeed minted up to 2008 according to demand.

So for denominations in high demand the coins with the dates they were ordered are minted and then circulated much more quicker than other denominations with less overall demand because I've seen German €2 coins as recent as 2020 10 Cents a few from 2020 and 2021 from the same mint so I assume they release new coins from one mint until all the stocks from one mint are used up before moving to the next one. 

I think the Bundesbank used the 2002 date for some unknown reasons becuase it is highly likely most of the 2002 dated coins were minted prior to 2002 probably as early as 1999 like what Ireland, Portugal among other countries that didnt put the acual year of minting.

Worldwide collection

 so I assume they release new coins from one mint until all the stocks from one mint are used up before moving to the next one. 

 

No, that is not how this is done. Various mints release new coins (almost) at the same time. It's about demand. More importantly, it's a regional thing. For example. It's more likely to find new coins from the Berlin mint (mintmark ‘’A'') in the eastern parts of Germany; coins from Munich mint in the south-east, and coins from Stuttgart (''F'') and Karlsruhe (''G'') in the western and middle parts of Germany. However, this is a generalisation. So, yes, I have found new coins with mintmark ‘’D'' or ‘’J'' where I live (western part of Germany). 

This is Germany which means it's “complicated.”

I think the Bundesbank used the 2002 date for some unknown reasons becuase it is highly likely most of the 2002 dated coins were minted prior to 2002 probably as early as 1999 like what Ireland, Portugal among other countries that didnt put the acual year of minting.

The Bundesbank used the date “2002” because it was the year the Euro coins and banknotes were issued. Of course, minting of these coins began in 1999. So, yes,  Bundesbank did what Italy, Ireland and Portgual and others did in contrast to France, Finland, Netherlands, Belgium, Spain where the year of minting is on the coins.

redlock

Worldwide collection

 so I assume they release new coins from one mint until all the stocks from one mint are used up before moving to the next one. 

 

No, that is not how this is done. Various mints release new coins (almost) at the same time. It's about demand. More importantly, it's a regional thing. For example. It's more likely to find new coins from the Berlin mint (mintmark ‘’A'') in the eastern parts of Germany; coins from Munich mint in the south-east, and coins from Stuttgart (''F'') and Karlsruhe (''G'') in the western and middle parts of Germany. However, this is a generalisation. So, yes, I have found new coins with mintmark ‘’D'' or ‘’J'' where I live (western part of Germany). 

This is Germany which means it's “complicated.”

 

 

I think the Bundesbank used the 2002 date for some unknown reasons becuase it is highly likely most of the 2002 dated coins were minted prior to 2002 probably as early as 1999 like what Ireland, Portugal among other countries that didnt put the acual year of minting.

The Bundesbank used the date “2002” because it was the year the Euro coins and banknotes were issued. Of course, minting of these coins began in 1999. So, yes,  Bundesbank did what Italy, Ireland and Portgual and others did in contrast to France, Finland, Netherlands, Belgium, Spain where the year of minting is on the coins.

My assumption was just hypothetical.

I think the happens elsewhere banks having a large stock of earlier struck coins because when I was in France last week in a museum I saw a cashier opening a roll of new French 5 cents dated 2009 this was also backed up when I was in a service station a few days later and all my family received in change brand new 2020 50 cents with a mixture of 2019 and 2021 10 cent and 20 cent coins.