The Fábrica Nacional de Moneda y Timbre-Real Casa de la Moneda (FNMT) has announced the issuance of a commemorative coin valued at 40 euros, honoring the XCVII Training Cruise of the Juan Sebastián de Elcano School Ship. This significant event comes as Princess Leonor participates in her military training aboard this historic vessel, continuing a tradition upheld by her father, King Felipe VI, and grandfather, King Juan Carlos I.
According to a ministerial order published on March 25, 2025, in the Boletín Oficial del Estado (BOE), the FNMT plans to distribute this collectible coin during the second quarter of 2025, with a maximum mintage of one million copies. The coin will be crafted from 925 thousandths silver, weighing 18 grams and measuring 33 millimeters in diameter.
On the obverse of the coin, a portrait of Princess Leonor dressed in her guardiamarina uniform will be prominently displayed. Above her image, the inscription "FELIPE VI REY DE ESPAÑA" will appear alongside the year of minting, 2025. Below her portrait, the words "PRINCESA LEONOR" will be inscribed, adding a personal touch to the piece. The reverse of the coin will depict the Juan Sebastián de Elcano navigating the seas, accompanied by the face value of the coin and various maritime elements, all bordered with ornamental pearls.
Princess Leonor's naval training commenced in January 2025, marking a pivotal period in her preparation as a future head of the Spanish Armed Forces. Throughout her time on the Juan Sebastián de Elcano, she is undergoing comprehensive training that encompasses military, maritime, social, and human aspects. The cruise includes stops in numerous countries, such as Brazil, Chile, Colombia, and the United States, where she represents Spain at various ceremonial duties.
The issuance of this coin is not only a tribute to Princess Leonor's current journey but also a recognition of the legacy of the Juan Sebastián de Elcano. Since its commissioning in 1928, this vessel has served as a training ground for generations of naval officers, making it a symbol of the Spanish Navy. With a length of 113 meters, this four-masted barquentine has become one of the largest school ships globally.
During her six-month training cruise, which typically covers thousands of nautical miles, Princess Leonor engages in a variety of hands-on activities alongside her fellow cadets. These include drills, theoretical classes, and practical exercises to prepare them for their future military careers.
The ministerial order signed by the Ministry of Economy, Trade, and Enterprises states, "The issuance, minting, and putting into circulation of these coins will be carried out by the Bank of Spain, credit institutions, and the Fábrica Nacional de Moneda y Timbre." This collaborative effort aims to ensure that the coin reaches collectors and the public alike, allowing enthusiasts an opportunity to own a piece of this historical moment.
The commemorative coin also carries symbolic weight, representing Princess Leonor’s commitment to her duties as a future leader of Spain. The coin's features directly relate to her training and serve as a tangible reminder of this critical phase in her development.
Moreover, this release follows a trend of commemorative coinage dedicated to significant events in the royal family's history. In 2023, the FNMT issued a coin to celebrate Princess Leonor's 18th birthday, reflecting her position as a beloved figure in Spain's monarchy. Fans of numismatics and those following the royal family eagerly anticipate this new release, which adds another layer to their collections.
As for distribution, the FNMT coin is set to be available through multiple channels, including the Bank of Spain and authorized credit institutions. The total mintage of one million coins is expected to be a substantial number; however, given the interest surrounding Princess Leonor and the historical significance of the Juan Sebastián de Elcano, it is likely that these coins will be snapped up quickly.
By issuing this coin, the FNMT reinforces the cultural and historical importance of the royal family's connection to the Spanish Naval tradition. As elaborated by various numismatic experts, the coin is not merely a piece of currency; it is a collector's item that signifies an extraordinary milestone in the life of Princess Leonor and the enduring legacy of the Juan Sebastián de Elcano.
As Princess Leonor continues her training, her experience is expected to enhance her understanding of various cultures and realities worldwide, as she will engage with international counterparts throughout her voyage. This training will foster her growth not just as a military leader but as a figure representing Spain on global stages.
Expectations for Princess Leonor's contributions to her country are indeed high, and this new coin serves as a hallmark of her ongoing journey in the military. As events unfold leading up to her future as a royal and military leader, there may be additional opportunities for further numismatic commemorations that keep the public and collectors engaged with her development.
The commemorative coin dedicated to Princess Leonor symbolizes a confluence of history, tradition, and personal achievement, solidifying her role in Spain's future. This piece will undoubtedly hold significant value both materially and sentimentally, celebrating a moment in time that will influence her trajectory as she steps into the responsibilities awaiting her as the future queen.
