Table of contents:
- Variety of varieties
- Unique features
- Regulations and restrictions in coinage
- Commemoratives cost 2 euros
- Vatican 2 euros
2024 Author: Sierra Becker | [email protected]. Last modified: 2024-02-26 03:45
Everyone knows the uniqueness of rare banknotes. Numismatists are happy to collect and collect rare coins that are of particular value to such people. The cost of commemorative coins often exceeds tens of thousands of dollars. This, of course, only if the given banknote is really rare and has a fairly small issue. Nevertheless, buying a coin that exceeds its face value by a dozen or two times is quite realistic in the world of numismatic values. Today we will consider one of these monetary units - 2 euros commemorative.
Variety of varieties
Actually, there are quite a number of people who like commemorative coins. 2 euros refers to just such attractive collectibles. In fact, this is a commemorative banknote, which is minted and issued by states that are members of the European Union. They have been issuing 2 euro commemorative coins since 2004 as legal tender. They are common in all eurozone states. Commemorative 2 euro coins have more than 124 varieties.
Unique features
Commemorative currency is usually issued almost like regular currency. For example, 10-ruble coins from the series"Ancient Cities of Russia". Nevertheless, such money has become quite a common collectible. In addition, in addition to less valuable commemorative coins, there is a special, narrower subcategory, called precisely collectible. If an ordinary commemorative coin depicts the flora and fauna of the country, some famous personalities of this state or historical events, then the collection commemorative coins of 2 euros are also cast from precious metal.
Regulations and restrictions in coinage
In early 2004, the Council of Europe decided to abolish the ban on changing national sides of coins. Just this was the reason for the release of commemorative 2 euros. Nevertheless, commemorative banknotes had their own distinctive standards and even certain restrictions. One of the key regulations for issuing 2 euros is that only the national side of the coin can have a distinctive image (and this is the obverse), while the reverse is always the same. Also, the country that issued this banknote should be indicated on the obverse.
Among other things, there are also restrictions on the number. They boil down to the following rules:
- Each state that is part of the eurozone is en titled to only one issue of commemorative 2 euros per year.
- The total number of such coins should not exceed 0.1% of the volume issued by all eurozone states that year. If the historic althe event is of special significance, then the number can be increased up to 2%. But in this case, the country that issued 2 euro commemorative coins in increased circulation does not have the right to mint such coins for another four years.
- The total amount of this type of banknotes should also not exceed 5% of the total amount of two-euro coins that the state issued in a given year.
Commemoratives cost 2 euros
2 euro commemorative coins are very popular among novice collectors. The price of these banknotes, as a rule, ranges from three to thirty euros. However, there are exceptions. Coins of San Marino, Monaco, and the Vatican can cost up to hundreds of euros. The record was set at the moment by the monetary unit of Monaco. Its initial cost at issue was 120 euros. And now its market price "floats" around 1500 euros, which is already a significant amount and puts this coin among the rarest, collectible.
At the same time, there is one curious fact. An interesting detail is that in 2007 Monaco issued a commemorative two-euro banknote with an unreasonably high cost. In 2008, this country of the European Community tried to continue issuing commemorative money, but the minting of coins with this denomination was prohibited. This testifies to the careful monitoring of the correct, legal issue of commemorative banknotes in the European Union. Of course, a small country can significantly increase its budget through such fraud, so accurate verification of compliance andrestrictions adopted by the Council of Europe are undoubtedly needed.
I must say that apart from the rest are three series of two-euro coins that were issued at once by all members of the Eurozone. These are "10 years of the Economic and Monetary Union" and the "Treaty of Rome", and besides this "10 years of the euro".
Vatican 2 euros
For an example of how commemorative 2 euros look like, let's take an example of a Vatican coin, which has a pretty good value among other two-euro signs. It was released on December 15, 2004 and had a circulation of 100,000. The coin depicts the schematically sketched borders that make up the walls of the Vatican. In the center is an image of St. Peter's Square and, of course, the cathedral itself, which is located on it.
In addition, there are several inscriptions on this banknote. To the left of the diagram is written 75 ANNO DELLO STATO. It means "75th anniversary of the founding of the state" in Italian. To the right of the diagram, the years are 1929-2004. Then there is the Mark of the Roman Mint, as well as the designer's name, VEROI, in smaller type, plus the engraver's initials, L. D. S. INC. On the outer ring there is also the inscription CITTA DEL VATICANO, which means the name (Vatican City). Finally, the outer circle is decorated with twelve stars of the European Union.
The coin looks very nice and stylish. Undoubtedly, many residents of the Vatican, people of the Catholic faith or simply lovers of this city would want to have such a copy in their collection.
Well, now you have learned about the commemorative 2 Euro commemorative coin!
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