50 Euros San Marino

San Marino's gold issues of this period were struck under a longstanding agreement with Italy, which has handled the microstate's coin production at the Istituto Poligrafico e Zecca dello Stato in Rome since San Marino lacks its own mint infrastructure. Annual mintage ceilings are set by treaty, keeping authorized numbers low and collector-oriented from the outset.

The 2010 program marked the 2010 FIFA World Cup year, though San Marino's national team — ranked consistently among the weakest in UEFA — had no qualifying presence whatsoever.