Author Topic: San Marino coins for the first time minted outside Italy  (Read 774 times)

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Offline eurocoin

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San Marino coins for the first time minted outside Italy
« on: April 06, 2018, 11:39:26 AM »
For the first time San Marino will later this year issue coins minted outside of Italy. The 2 collectors coins with denominations of 5 and 10 euros will be minted in Austria. It is a break with a long tradition. The country which by default is supposed to let mint its coins at IPZS, had to obtain special permission of a joint committee of the EU to let mint its coins in Austria.

Offline FosseWay

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Re: San Marino coins for the first time minted outside Italy
« Reply #1 on: April 06, 2018, 01:24:03 PM »
Presumably they will not carry the R mintmark. Will they have some other mark?

Offline chrisild

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Re: San Marino coins for the first time minted outside Italy
« Reply #2 on: April 06, 2018, 08:14:29 PM »
Interesting news indeed. As for the mintmark, the R would indeed make no sense, and Austria usually does not use one. The mint in Vienna stopped doing that about 150 years ago. ;)  The only exception were the Vienna made 1976 Olympics pieces (which had the city's CoA), but that was done because the mint in Hall also made some.

Christian

Offline redlock

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Re: San Marino coins for the first time minted outside Italy
« Reply #3 on: April 07, 2018, 09:09:03 AM »
and Austria usually does not use one. The mint in Vienna stopped doing that about 150 years ago. ;)  The only exception were the Vienna made 1976 Olympics pieces (which had the city's CoA), but that was done because the mint in Hall also made some.

Christian

You forgot the time between 1938-1944.  ;)

Offline Figleaf

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Re: San Marino coins for the first time minted outside Italy
« Reply #4 on: April 07, 2018, 10:40:01 AM »
That's a semantic problem only. The careful use of "usually" was - probably inadvertently - negated by the word "only". Fortunately, there is an escape hatch: at that time, the Vienna mint was not Austrian. :)

Peter
An unidentified coin is a piece of metal. An identified coin is a piece of history.

Offline Bimat

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San Marino coins for the first time minted outside Italy
« Reply #5 on: April 08, 2018, 09:00:00 AM »
Interesting news indeed. What was the reason for this change? If it was only financial, then they would have probably asked the Austrian mint to mint all their coins and not just two?

Aditya
You don't need a parachute to skydive. You need a parachute to skydive twice.

Offline chrisild

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Re: San Marino coins for the first time minted outside Italy
« Reply #6 on: April 08, 2018, 11:03:17 AM »
Because of the monetary agreement that San Marino has with the European Union. From article 5:

"1. Euro coins issued by the Republic of San Marino shall be minted by the Istituto Poligrafico e Zecca dello Stato of the Italian Republic.
2. By derogation to paragraph 1, San Marino may have its coins minted by an EU mint striking euro coins other than the one mentioned in paragraph 1, with the agreement of the Joint Committee."

This committee consists of representatives from San Marino, Italy, the European Commission and the European Central Bank. My guess is that it was easier to obtain such a one-time OK. ;)

Christian

Offline Kopper Ken

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Re: San Marino coins for the first time minted outside Italy
« Reply #7 on: April 09, 2018, 03:10:59 AM »
If that's the only place they will be minted, do they really need a mint mark?

KK

Offline FosseWay

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Re: San Marino coins for the first time minted outside Italy
« Reply #8 on: April 09, 2018, 12:05:39 PM »
If that's the only place they will be minted, do they really need a mint mark?

KK

Well, the same could be said of Italian and Vatican coins in general, and San Marino so far - they have all been minted at Rome for many years and have the R mark. Same with France and the Netherlands, where all coins have been minted only at the respective national mints for decades and carry those mints' marks (cornucopia and caduceus respectively), and Norway where all coins carry the Kongsberg crossed hammers.

Offline Pabitra

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Re: San Marino coins for the first time minted outside Italy
« Reply #9 on: April 09, 2018, 01:42:16 PM »
Mint marks are modern tools for marketing the services by the mint. They are used to make general customers aware of the brand. A very simple but effective marketing method.

Offline eMouse

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Re: San Marino coins for the first time minted outside Italy
« Reply #10 on: April 14, 2018, 07:48:16 AM »
The theme of coins known? Metal?

Offline eurocoin

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Re: San Marino coins for the first time minted outside Italy
« Reply #11 on: April 14, 2018, 08:10:22 AM »
The theme of coins known? Metal?

I do not know the theme(s) of the coins but do know that they will be made out of silver.

Offline eMouse

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Re: San Marino coins for the first time minted outside Italy
« Reply #12 on: April 14, 2018, 01:03:35 PM »
Thank you, I wanted niobium  ;)

Offline chrisild

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Re: San Marino coins for the first time minted outside Italy
« Reply #13 on: April 18, 2018, 11:09:31 AM »
If those will be silver pieces, then the themes should be:
€5 (Canaletto - died 250 years ago)
€10 (Cultural Heritage Year)

There will also be bimetallic coins (Zodiac: Aries, Taurus) but, as usual, those are not silver-niobium.

Christian

Offline chrisild

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Re: San Marino coins for the first time minted outside Italy
« Reply #14 on: May 16, 2018, 10:32:16 PM »
Here are the designs. Both coins were indeed minted in Vienna (Münze Österreich) but as far as I can tell, they have no mintmark. The obverse designs, by Antonella Napolione, are identical.

The €5 coin, designed by Herbert Wähner (reverse), shows Venice as Canaletto depicted it in the "Bacino di San Marco" painting. Proof only, Ag 925, mintage max. 3400, price 35 euro.

The €10 piece was designed by Helmut Andexlinger (reverse). It features a detail from Caravaggio's "Supper at Emmaus". Proof only, Ag 925, mintage max. 3400, price 38 euro.

Christian