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| 正面铭文 | REPUBBLICA DI SAN MARINO LIBERTAS A. NAPOLIONE |
| 背面描述 | The reverse depicts an architectural scene of Borgo Maggiore, one of the nine castles of San Marino. In the foreground, the ornate public fountain known as the Fontanone is rendered in fine detail, while the arched market loggias of the town square form the backdrop in middle ground. The denomination EURO 20 appears in the lower right field, with the date 2012 and the engraver's signature U. PERNAZZA incorporated into the legend. The circular inscription CASTELLO DI BORGO MAGGIORE runs along the upper periphery, and the Rome Mint mark R is present within the lettering. |
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| 附加信息 |
San Marino's gold euro-denominated issues from this period were struck by the Istituto Poligrafico e Zecca dello Stato in Rome — San Marino has no mint of its own. The Castle of Borgo Maggiore, perched above one of the republic's nine municipalities, dates to the medieval defensive network that allowed San Marino to repel repeated annexation attempts, including pressure from the Papal States during the 18th century. Napoleon notably declined to absorb the republic in 1797, allegedly out of admiration for its governance model.
Struck in a limited collector issue, with mintage figures kept deliberately low across San Marino's gold program throughout the 2010s.