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20 Euro Cents 1st type, 1st map

Issuer San Marino Mint
Year 2002-2007
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Value 20 Euro Cents
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Obverse description Full-length figure of Saint Marinus, the founder and patron saint of San Marino, depicted in flowing robes and raising his right hand in a gesture of blessing, while his left arm supports a model of the Three Towers of San Marino (Guaita, Cesta, and Montale). The figure is rendered in high relief in a classical sculptural style. The legend SAN MARINO arcs along the left field, and the mint year appears to the right; the mint mark R (Rome) and the engravers' initials ELF INC. appear in the lower field. Twelve five-pointed stars of the European Union form an inner border around the entire design.
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Obverse lettering SAN MARINO 2005 R ELF INC.
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Additional information

San Marino's euro-era coinage presented an unusual legal arrangement from the start: the microstate has no central bank and is not an EU member, yet gained the right to issue euro coinage under a monetary agreement with Italy negotiated in 2000. Annual mintage figures were strictly capped under that agreement, keeping production volumes far below those of any eurozone member state — which is why San Marino's circulation issues from this period, despite being genuine legal tender across the eurozone, almost never entered everyday commerce.

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