Description: Stefan Banic (23 November 1870 2 January 1941) was a Slovak designer and inventor. In 1907 he emigrated to the United States, where in Pennsylvania he worked first as a miner and then at a quarry. It was only after joining an engineering works that he demonstrated his innovative talent. In 1912 he witnessed a fatal plane crash, which prompted him to explore ways of improving pilot safety. He came up with a novel parachute design, a kind of umbrella attached to the body. After Banic had demonstrated the parachute, the Patent Office in Washington DC granted him a patent for the design on 25 August 1914, thus giving him the right to produce, use and sell the invention in the United States. The US Army bought the patent, but never actually used this type of parachute. In recognition of his invention, Banic was made an honorary member of the US Air Force. It is claimed that Banics parachute was used in the First World War by pilots of the La Fayette Escadrille, a US unit under French command. Banic eventually returned to Czechoslovakia, where he worked at a quarry as a blasting engineer. He also developed his interests in fruit-growing and caving, and in 1930 he was part of the team that made the first exploration of Driny Cave in western Slovakia. He did not continue his inventing career. Description of the coinObverse:On the collector coins obverse there is a depiction of Banics parachute, based on the design that appears on the respective patent document. At the left of the design is the Slovak coat of arms. The year of issuance 2020 appears at the lower left edge and the name of the issuing country SLOVENSKO along the lower right edge. Below the parachute design are the mint mark of the Kremnica Mint (Mincovna Kremnica), consisting of the letters MK placed between two dies, and the stylised letters V referring to the coins designer Peter Valach.Reverse:The reverse shows a portrait of Stefan Banic. To the right of it are the coins denomination 10 nd currency EURO, one above the other. The name STEFAN BANIC appears along the right edge of the design, while along the opposite edge are the years of the inventors birth and death 1870 and 1941, separated by a dot.Coin detailsDesigner:Mgr. art. Peter ValachComposition:.900 silver, .100 copperWeight:18 gDiameter:34 mmEdge:STEFAN BANIC VYNÁLEZCA PADÁKA(Stefan Banic parachute inventor)Producer:Kremnica MintEngraver:Dalibor SchmidtIssuing volume:2,750 coins in brilliant uncirculated quality6,450 coins in proof qualityIssuing date:13 October 2020 I do combined shipping.Shipment: registered letter, 1st class from Slovakia, EUFeel free to contact me.
Price: 49.99 USD
Location: Slovakia , EU
End Time: 2024-08-25T11:29:00.000Z
Shipping Cost: 13 USD
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Item Specifics
Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 14 Days
Refund will be given as: Money Back
Denomination: 10Euro
Circulated/Uncirculated: PROOF
Composition: Silver
Year: 2020
Fineness: 0.9
Country/Region of Manufacture: Slovakia
Certification: Certificate from State Mint