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2 Euros 1st type, 1st map

Issuer San Marino
Year 2002-2007
Type Standard circulation coin
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Obverse script Latin
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Reverse lettering 2 EURO LL
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Additional information

San Marino's euro adoption in 2002 came not through EU membership — the microstate remains outside the Union — but via a monetary agreement with Italy, which had administered its currency arrangements since the 1897 convention. That agreement grants San Marino an annual minting allocation, a figure so small relative to circulation demand that these coins were hoarded on release and rarely encountered in everyday change across the eurozone.

The "1st map" reverse, used across all eurozone issues through 2006, was replaced after EU enlargement rendered the original geographic depiction outdated — fifteen member states had become twenty-five.

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