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Vatican euro coins are issued by the Philatelic and Numismatic Office of the Vatican City State and minted by Istituto Poligrafico e Zecca dello Stato (IPZS), in Rome, Italy. The euro is the official currency of the Vatican City , although Vatican City is not a member of the Eurozone or the European Union .
Since 2002 it has had a special agreement with the EU that allows this microstate to mint a limited number of euro coins. This article is specifically about the euro gold and silver (or other precious metals) commemorative coins of the Vatican City and does not cover the pre-euro commemorative coins. [1] [2] [3] [4]
While Vatican stamps may only be used within the Vatican City State and the quantity of euro coins is limited by treaty with Italy (the total value of all coins minted in 2002 was restricted to €310,400), [2] Vatican coins and stamps serve as an important sign of Vatican sovereignty, and their scarcity and design makes them popular with ...
In Germany, silver €10 commemoratives are available at banks and some retailers at face value, but the coins do not generally circulate. It is uncertain whether the EU Council of Ministers will grant the coins legal tender status outside national boundaries, as San Marino, Monaco and Vatican City also issue these kinds of coins.
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Vatican City issues its own coins and stamps. It has used the euro as its currency since 1 January 1999, owing to a special agreement with the European Union (council decision 1999/98). Euro coins and notes were introduced on 1 January 2002—the Vatican does not issue euro banknotes .
Vatican lire coins were discontinued after the advent of the euro. Vatican City has frequently issued its coins in yearly changing commemorative series, featuring a wide variety of themes. While most of these were sold in the form of uncirculated mint sets, a portion of Vatican coins were released into general circulation.
Euro proof sets are proof sets of the coins of the Euro. ... Vatican. Year Mintage Contents 2002 9,000 1c–€2 + silver medal 2003 13,000