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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 .
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.
The Vatican lira (pl.: lire) was the official unit of the Vatican City State. It was at par with the Italian lira under the terms on the concordat with Italy. 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.
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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 ...
The remaining coins show the EU before its enlargement in May 2004 if minted before 1 January 2007, a map of Europe if minted after. [12] Coins from Austria, Italy, San Marino, Portugal and the Vatican City show the map if minted in 2008 or later. [12] The common side was designed by Luc Luycx of the Royal Belgian Mint. [17]
One-euro coins have been produced every year in Belgium, Finland, France, the Netherlands and Spain. In Austria, Germany, Greece, Ireland, Luxembourg, Portugal, San Marino and the Vatican City no €1 coins were minted dated 1999, 2000 and 2001. In Monaco, no €1 coins were minted in 1999, 2000, 2005, 2008 and 2010. Malta did not issue €1 ...
Several European microstates outside the EU have adopted the euro as their currency. For EU sanctioning of this adoption, a monetary agreement must be concluded. Prior to the launch of the euro, agreements were reached with Monaco, San Marino, and Vatican City by EU member states (Italy in the case of San Marino and Vatican City, and France in the case of Monaco) allowing them to use the euro ...