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There are eight euro coin denominations, ranging from one cent to two euro [1] (the euro is divided into a hundred cents). The coins first came into use in 2002. They have a common reverse, portraying a map of Europe, but each country in the eurozone has its own design on the obverse, which means that each coin has a variety of different designs in circulation at once.
The silver 1 lempira coins ceased production in 1937, with the other silver coins (20 & 50 centavos) replaced by cupro-nickel in 1967. The 1 and 2 centavos coins were last minted in 1998 and 1974, respectively. Coins of the following denominations are currently legal tender. [4] However as of 2024 coins are only very rarely used for payments.
The Monnaie de Paris in Pessac is the exclusive producer of French euro coins. [16] It also mints Monégasque euro coins [17] and alternates with the Spanish Royal Mint for the production of Andorran euro coins. [18] It has also minted Greek euro coins, [12] Luxembourg euro coins, [13] and Maltese euro coins. [19] [20]
The 1 euro coin (€1) is a euro coin with a value of one euro. It is made of two alloys: the inner part of cupronickel, the outer part of nickel brass. All coins have a common reverse side and country-specific national sides. The coin has been used since 2002, with the present common side design dating from 2007.
Greek euro coins dated 2002 without these mint marks were produced in Athens, Greece. All Greek euro coins bear the standard Greek mint mark symbol of the Athens mint. Greece (2002–present) Athens Stylised acanthus leaf: Italy: Rome R: Letter: Lithuania: Vilnius Lietuvos monetų kalykla (Lithuanian Mint House, LMK) logo: Luxembourg (2002–2004)
Denmark is the only EU member state which has been granted an exemption from using the euro. [1] Czechia, Hungary, Poland, Romania and Sweden have not adopted the Euro either, although unlike Denmark, they have not formally opted out; instead, they fail to meet the ERM II (Exchange Rate Mechanism) which results in the non-use of the Euro.
The 20 euro cent coin (€0.20) has a value of one-fifth of a euro and is composed of an alloy called Nordic Gold in the Spanish flower shape. All euro coins have a common reverse side and country-specific national sides. The coin has been used since 2002, with the present common side design dating from 2007.
Euro proof sets are proof sets of the coins of the Euro. Proof coins were originally coins minted to test the dies used in the coin minting process and to archive sets of coins minted every year. Modern proof sets are minted in higher numbers and are sold to the public and numismatists for collecting.