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2 Stotinki magnetic

Issuer Bulgarian National Bank
Year 2000-2002
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Value 2 Stotinki
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Edge Smooth
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Mintage 2000 - -
2002 - Proof - 10,000
Additional information

Bulgaria's transition-era coinage was overhauled following the catastrophic hyperinflation and currency collapse of 1996–97, which forced the introduction of a currency board arrangement and the redenomination of the lev at 1,000:1 in July 1999. The steel-core bronze-plated composition replaced the original brass alloy specifically to reduce production costs on low-denomination coins whose face value had become nearly negligible against metal prices.

The magnetic variant runs parallel to the non-magnetic brass issue under the same KM base number, distinguished only by the steel substrate detectable with a magnet.

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