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2 Cents Decimalization

Issuer Central Bank of Malta
Year 1982
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Reference(s) KM#58
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Obverse script Latin
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Reverse description The reverse features a large, bold numeral '2' prominently displayed at center in the field, serving as the principal denomination indicator. The inscription '10th ANNIVERSARY OF DECIMALIZATION' curves along the upper periphery, while 'CENTS' arcs across the lower portion of the coin, flanked by decorative stops. The design is clean and typographic in character, with all lettering in raised relief against a smooth field, enclosed within a beaded border.
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Additional information

Malta decimalized its currency in 1972, replacing the pound-shilling-pence system with the Maltese lira divided into 100 cents. The Central Bank issued this denomination continuously through the 1970s and '80s, with the 1982 striking falling within a period of relative political turbulence under Dom Mintoff's Labour government, which was simultaneously pursuing a policy of strict non-alignment and distancing Malta from its NATO-era economic ties.

KM#58 saw modest annual mintages and circulated heavily in everyday transactions until the lira's replacement by the euro in 2008.

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