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150th anniversary of the birth of Michal Bosák

€10 silver collector coin

Banknotes and coins, 150th anniversary of the birth of Michal Bosák
Banknotes and coins, 150th anniversary of the birth of Michal Bosák

Michal Bosák (10 December 1869 – 18 February 1937) was a US banker born in the Šariš region of what is now Slovakia and was one of the most significant figures in the Slovak-American community. After arriving in the United States, he engaged in various business activities that enabled him to found the Michael Bosak Private Bank in Olyphant, Pennsylvania. He also supported the establishment of other banks and institutions in Pennsylvania. Alongside his business activities, Bosák was involved in supporting the American-Slovak community and was a signatory of the Pittsburgh Agreement. After the end of the First World War and the establishment of Czechoslovakia, Bosák made several visits to the nationally emancipated Slovakia and gave financial support to several projects. In 1920 he founded the American-Slovak Bank in Bratislava, which gradually expanded to include a total of 12 branches across Czechoslovakia, including one in Prague. In Prešov, he had a showpiece office built for the bank and the building is today known as Bosák’s Bank.

  • Description of the coin

    The coin’s obverse design depicts a 10 dollar banknote bearing the signature of Michal Bosák. The upper part of the design shows a detail of the ori-ginal Pittsburgh Agreement, of which Bosák was a signatory, and a detail of ‘Bosák’s House’ in Prešov. At the top of the design is the Slovak coat of arms, and in the lower left are the name of the issuing country ‘SLOVENSKO’ and the year of issuance ‘2019’, one above the other. Situated at the right side are the currency denomination ‘10’ and the currency name ‘euro’, one above the other. Below the year of issuance is the mint mark of the Kremnica Mint (Mincovňa Kremnica), consisting of the letters ‘MK’ placed between two dies. Next to the mint mark are the stylised letters ‘RL’ referring to the obverse designer, Roman Lugár.

    On the reverse there is a portrait of Michal Bosák and, to the right, a depiction of the building of the Bosák State Bank in Scranton and the bank’s logo. In the lower part of the design is the name ‘MICHAL BOSÁK’ and below that are the dates of his birth and death ‘1869 – 1937’.

  • Coin details
    Designer:Roman Lugár
    Composition:.900 silver, .100 copper
    Weight:18 g
    Diameter:34 mm
    (Slovak-American banker)
    Producer:Kremnica Mint
    Engraver:Dalibor Schmidt
    Issuing volume:3,000 coins in brilliant uncirculated quality
    6,150 coins in proof quality
    Issuing date:10 October 2019