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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 .
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 ...
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.
During this period the Vatican City issued this commemorative coin. 60th Anniversary of the End of the Second World War Designer: Orietta Rossi Mint: - Value: €5 Alloy: Ag. 925/1000 Quantity: 13,000 Quality: Proof Issued: 06.12.2005 Diameter: 32 mm Weight: 18 g Issue Price: €50 This was the first commemorative coin to depict pope Benedict XVI.
Italian lira notes and coins were legal tender in the Vatican City, and vice versa. Specific Vatican coins were minted in Rome, and were legal tender also in Italy and San Marino. The Vatican City switched to the euro along with Italy and San Marino. As with old Vatican lira coins, the Vatican City has its own set of euro coins.
With the unification of Italy and the altered status of Rome, the Italian government took over the operation of the Papal mint in September 1870.The mint was used to make Italian coins, and due to the presence of Italian soldiers guarding the mint, a tunnel was constructed beneath the Apostolic Palace to ensure private access to the Vatican gardens.
A souvenir shop on the roof of St. Peter's Basilica An ATM in Vatican City with Latin instructions. The economy of Vatican City is mainly supported financially by the sale of stamps, coins, medals, and tourist mementos as well as fees for admission to museums and publication sales. Vatican City employed 4,822 people in 2016. [1]
The Italian Istituto Poligrafico e Zecca dello Stato (IPZS) (State Mint and Polygraphic Institute), founded in 1928, is situated at the via Salaria 691 in Rome.As well as producing coins, passports, and postage stamps for Italy, it serves the micro-states of the Vatican City, San Marino, and the Sovereign Military Order of Malta.
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