10 Diners - Joan Martí i Alanis La Santa María ship

Andorra's coinage authority leaned heavily on commemorative silver issues throughout the 1990s to generate revenue from foreign collectors rather than domestic circulation — the principality had no official currency of its own and relied on French francs and Spanish pesetas for everyday trade. This piece is part of that collector-driven program, which funded a meaningful share of government income during the decade.

The Santa María's 1992 quincentennial had already saturated the market with commemorative issues from dozens of mints worldwide, making the Andorran entry four years later a notably late arrival to that particular theme.