The Central Bank of Cyprus (CBC) on Wednesday announced the issue of a silver collector coin with a nominal value of €5 in proof condition and a mint year of 2025.

The coin commemorates the 70th anniversary of the start of the Eoka struggle against British colonial rule.

It will be limited to 2,000 coins. The coin will be delivered in a case and has a selling price of €55, including VAT.

The coin was minted at the Printing Works Department of the Bank of Greece.

Its alloy consists of silver at 92.5 per cent and copper at 7.5 per cent. It is round, with a diameter of 38.61 mm, a weight of 28.28 g, and a plain edge.

The reverse side features a composition depicting Eoka fighter Grigoris Afxentiou surrounded by laurel branches.

“Grigoris Afxentiou gave his life for the freedom of Cyprus on March 3, 1957, in a battle that went down in history as a symbol of bravery and self-sacrifice,” the CBC said in its announcement.

The phrase “The death of the brave is not death” (in Greek) is inscribed on the top of the coin, and the phrase “EOKA 1955-59” is inscribed on the bottom.

The coin’s nominal value of €5 is also depicted.

The obverse side displays the emblem of the Central Bank of Cyprus, along with the ‘Cyprus‘ in Greek, English and Turkish, as well as the year ‘2025’.

Sales of the coin are divided into two consecutive time periods, Phase A and Phase B.

Phase A will run from November 19, 2025, until January 7, 2026.

Professional coin dealers and non-profitable numismatic companies have an application period from November 19, 2025, until November 26, 2025.

The CBC will respond to these applications between December 1, 2025, and December 5, 2025, reserving the right to reject any application either wholly or partially.

A discount of 10 per cent will be offered on the total quantity of the initial purchase for quantities of at least 20 coins, and on any subsequent purchases in either Phase A or Phase B by the same customer, with the discount calculated on the selling price excluding VAT.

Applications must be made electronically via a specific link, with submissions by any other method rejected.

First-time professional dealers must register on the CBC’s list of numismatic dealers by emailing their company’s VAT number and an official document stating that their main activities include the trade of numismatic items.

Sales to the public and collectors of numismatic items will commence on December 8, 2025, and will continue until January 7, 2026, provided there is available stock.

Sales will be made on a first-come, first-served basis at the CBC counters and electronically.

Each person will have the right to purchase up to two coins in total, either at the counters or electronically.

Electronic applicants will be informed of their application status via email within five working days.

Purchases over the counter can be paid by cash or by Visa or Mastercard, while electronic purchases require payment only by Visa or Mastercard.

Phase B will begin on January 8, 2026, and continue until stocks last.

Upon the conclusion of Phase A, if coins are still available, Phase B will commence, and all restrictions applying in Phase A will be withdrawn.

All interested parties will then be able to visit the CBC’s counters or contact the CBC via email, attaching the relevant order form posted on the CBC website, with requests satisfied on a first-come, first-served basis.