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The euro came into existence on 1 January 1999. [2] It had been a goal of the European Union (EU) and its predecessors since the 1960s. [2] The Maastricht Treaty entered into force in 1993 with the goal of creating economic and monetary union by 1999 for all EU states except the United Kingdom and Denmark (even though Denmark has a fixed exchange rate policy with the euro).
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.
Spanish euro coins feature three different designs for each of the three series of coins. The minor series of 1, 2, and 5 cent coins were designed by Garcilaso Rollán, the middle series of 10, 20, and 50 cent coins by Begoña Castellanos, and the two major coins feature the portrait of King Felipe VI of Spain .
Luxembourg euro coins dated 2002 were minted in the Netherlands in 2000 and thus bear the mint master mark of E. J. van Schauwenburg, Temporary Director of the Utrecht Mint during the year of coin production. The Coinage Act of Luxembourg stipulates that national coins cannot have a date stamp prior to the year of issue.
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]
According to CoinHub, there’s a high extra leaf on the corn and one of these coins with a mint state of 66 recently sold for $2,530, but Rob Paulsen Coin said most prices range from $95 to $300.
The coins also have a national side showing an image specifically chosen by the country that issued the coin. Euro coins from any member state may be freely used in any nation that has adopted the euro. The coins are issued in denominations of €2, €1, 50c, 20c, 10c, 5c, 2c, and 1c.
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.