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20 Euro Centenary gold coinage San Marino

Issuer San Marino
Year 2025
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Diameter 22 mm
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Reverse description The reverse features two principal design elements inspired by the sketches of the first San Marino gold coins of 1925: at left, the Three Towers of San Marino (Guaita, Cesta, and Montale) depicted with their characteristic crenellated walls and fortifications; at right, the patron saint Marinus is shown holding stonemason's tools, referencing his legendary craft. The upper legend reads AUREA LIBERTAS, while the centennial dates 1925 and 2025 appear at lower left, and the denomination 20 EURO is inscribed in the centre.
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Reverse lettering AUREA LIBERTAS 1925 2025 20 EURO
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Additional information

San Marino has issued commemorative gold coinage under a long-standing agreement with Italy, which has administered the republic's monetary relationship since the lira era and continues under the euro framework through a specific convention with the EU — one San Marino negotiated independently, despite not being an EU member state. Annual allocations are tightly capped, keeping mintages well below those of any eurozone sovereign.

The .999 fineness here is notably purer than the .900 gold standard common to most 20th-century European gold coinage.

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