Gibraltar has issued commemorative coinage under British authority since the 1960s, and its small population and tourist economy make these pieces far more likely to end up in collections than tills. UEFA Euro 2020 — delayed to 2021 due to the pandemic — was itself a peculiarity: matches spread across eleven host cities rather than one or two nations, a format UEFA had planned since 2012 to mark the tournament's 60th anniversary. Russia participated before its subsequent suspension from UEFA competition following the 2022 invasion of Ukraine.
Gibraltar has issued commemorative coinage under British authority since the 1960s, and its small population and tourist economy make these pieces far more likely to end up in collections than tills. UEFA Euro 2020 — delayed to 2021 due to the pandemic — was itself a peculiarity: matches spread across eleven host cities rather than one or two nations, a format UEFA had planned since 2012 to mark the tournament's 60th anniversary. Russia participated before its subsequent suspension from UEFA competition following the 2022 invasion of Ukraine.