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ECU EEC Anniversary; Piedfort

Issuer Italy
Year 1992
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Currency ECU (1979-1999)
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Obverse description The obverse features a partial globe in the lower left field, overlaid by a stylized tablet or plaque bearing the names of EEC member states in relief. Above and to the right, the EEC flag bearing a circle of twelve stars is depicted waving on a flagstaff. The legend ITALIA appears to the left of centre, with ECU D'ARGENTO inscribed in large characters to the right, and the date 1992 at the lower right. The design is framed by a beaded border.
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Edge Reeded
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Additional information

The 1992 ECU issues across member states marked the 35th anniversary of the Treaty of Rome, signed in that city in 1957 — making Italy's participation in this series particularly pointed. Piedfort format, struck at twice standard planchet thickness, had been revived in the modern era largely by France's Monnaie de Paris before spreading to other European mints as a prestige collector format in the 1980s.

The timing was deliberate: 1992 was the year the Maastricht Treaty formally established the European Union and set the timetable for a single currency, rendering the ECU's days as a basket unit numbered.

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