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500 Liras The New Currency
| Issuer | Sovereign Military Order of Malta |
|---|---|
| Year | 2003 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Reference(s) | X#202 |
| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | A raised relief map of Europe occupies the upper portion of the field, surrounded by a ring of twelve five-pointed stars arranged along the periphery, evoking the European Union motif. In the lower left, a circular medallion-style device encloses a map of Malta with the legend THE NEW CURRENCY around its border. In the lower right, a large stylised euro symbol (€) is depicted within a dotted circular border, with the inscription MALTA across its centre. |
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| Additional information |
The Sovereign Military Order of Malta occupies a peculiar position in numismatics — a sovereign entity without territory, issuing coins with no practical circulation and legal tender status recognized by fewer states than its diplomats would prefer. This 2003 piece was part of a broader rebranding of the Order's currency system, which had previously denominated issues in scudi. The shift to liras reflected an internal administrative reorganization rather than any external monetary pressure.
The X# prefix in the Standard Catalog places it firmly in the "Unofficial Issues" classification — collector-targeted, not circulated.