San Marino's early 1970s aluminum coinage was produced under the terms of the monetary convention with Italy, which has governed the microstate's currency rights since 1897. The 1972 issues came just before San Marino began leveraging its mint program aggressively for collector revenue — a strategy that would define its numismatic output for the following decades.
San Marino's early 1970s aluminum coinage was produced under the terms of the monetary convention with Italy, which has governed the microstate's currency rights since 1897. The 1972 issues came just before San Marino began leveraging its mint program aggressively for collector revenue — a strategy that would define its numismatic output for the following decades.