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Porta San Francesco

Issuer San Marino
Year 2025
Type Local banknote
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Obverse description Central vignette of Porta San Francesco, the historic arched entrance gate to the City of San Marino, rendered in detailed intaglio-style illustration. The national coat of arms of San Marino appears alongside the gate motif, with the denomination 500 SCUDI and the word LIBERTAS inscribed within the design. Lettering includes references to EUROPA and SAN MARINO framing the composition.
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Reverse lettering 500 SCUDI QUESTA BANCONOTA NON HA CORSO LEGALE MA È UN OGGETTO DA COLLEZIONE UFFICIALE E UN TRIBUTO ALLA PIÙ ANTICA REPUBBLICA DEL MUNDO, SAN MARINO. Libertas EUROPA
(Translation: 500 SCUDI THIS BANKNOTE IS NOT LEGAL TENDER BUT IS AN OFFICIAL COLLECTOR'S ITEM AND A TRIBUTE TO THE WORLD'S OLDEST REPUBLIC, SAN MARINO. FREEDOM EUROPE)
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Comments

San Marino has no central bank of issue and no domestic currency — the republic uses the euro under a monetary agreement with the EU, and issues no circulating banknotes of its own. A "paper" note attributed to San Marino in 2025 almost certainly belongs to the fantasy or novelty note category, produced for the souvenir and collector market rather than any monetary authority. Such items carry no legal tender status anywhere.

The Porta San Francesco is one of the medieval gates in the third defensive wall of San Marino's capital. Its appearance on souvenir notes is common; its appearance on anything with genuine numismatic standing is not.