50 Euros - Felipe VI 50th Birth Anniversary

Felipe VI was born on January 30, 1968, and this issue marks his fiftieth birthday — struck three years into a reign that began under considerable constitutional strain, following Juan Carlos I's abdication in June 2014, the first voluntary abdication by a Spanish monarch in nearly two centuries. Large-format silver commemoratives of this diameter sit at the outer edge of what standard coining presses can strike cleanly, and the Royal Mint's production runs for these pieces are typically very small.