A little thing worth knowing

[prayer]

San Marino and Vatican City, on behalf of the European Community, do have a monetary agreement with Italy. Monaco does have, on behalf of the European Community, a monetary agreement with France. It means. that after negotiations, an agreement was signed that contains the quantity of euro coins they are allowed to issue.

In 2002 en 2003 Vatican City was allowed to issue euro coins for a maximum annual face value of euro 670.000 (commemoratives including)
Besides the annual issue was allowed too the issue of coins of face value:
1. if the Holy See is vacant for totalling euro 300.000
2. in each Holy Jubilee Year for totalling euro 201.000
3. in the year of the opening of an Ecumenical Council for totalling euro 201.000.

From 2004 the agreement has adapted and the annual face value issue has increased till euro 1.000.000.
The other three amounts have changed too. All three have been increased to totalling euro 300.000.
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For San Marino it is a little bit different. As from 1 January 2002 San Marino may issue euro coins for a maximum annual face value of euro 1.944.000 (commemoratives including)
Per year the face value euro coins issue from San Marino will be added to the volume of the coin issues from Italy. The total volume has to be in according to the (annual) approval of the European Central Bank (E.C.B.)
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The smallest of the three mini's, Monaco, has a monetary agreement with France and is allowed an annual face valued issue of euro coins in a quantity of 1/500 of the annual amount of France (commemoratives including).
And, like the situation in Italy, the total volume has to be in according to the annual approval of the E.C.B.
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If you are interesting in reading these agreements you can read them completely here;here and here

[bigmoustache]

here you see the special ? 2? coin from the Vatican with 2 missing stars also the year have missing a "2 "and a "0 "

[common sense]

here you see the special ? 2? coin from the Vatican with 2 missing stars also the year have missing a "2 "and a "0 "

Hi Mic, nice to see you here.? Very welcome, hope you have a good time at the forum? ?
Well.. I would say that's an error coin? caused by a little bit dirty on the die. Did you pay a little less because of the missing stars, the 2 and the 0? ? (Joke.) I find it a wonderful coin, why do these things never miss in my coin sets?

[bigmoustache]

I have send a mail to the Vatican to replace the coin. Two day later they returned my mail with the answer " that I could send it back" . I did not send the coin back, I put it in my album with rare coins.

honest, I tought maybe they will send me a second one 

[chrisild]

In forums, people tend to come and go. Since you dug up a fairly old thread let me update the links in the first post, regarding the monetary agreements between the European Union and these three countries ...

Here is some background info regarding the agreements:
http://europa.eu/scadplus/leg/en/lvb/l25040.htm

Monetary Agreements: Monaco
http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:22002A0531(01):EN:HTML

Monetary Agreements: San Marino
http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:22001A0727(01):EN:HTML

Monetary Agreements: Vatican
http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:22001A1025(01):EN:HTML (original version)
http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:32003D0738:EN:HTML (as amended by the Council in 2003)

Christian