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5 Euros Independence, Tolerance, Liberty

Issuer San Marino
Year 2003
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Weight 18 g
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Obverse lettering REPUBBLICA DI SAN MARINO LIBERTAS E.L.FRAPICCINI
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Mintage 2003 R - In sets only - 70,000
Additional information

San Marino issued this piece in 2003 as part of its ongoing commemorative program, which the republic has used aggressively since the early euro-era transition to maintain a numismatic revenue stream — the country itself adopted the euro in 2002 under a monetary agreement with Italy, never having been an EU member. Collector-targeted issues like this one were legal tender but saw essentially zero circulation, making worn examples a genuine oddity.

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