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2 euro commemorative coin - special euro coins minted and issued by the members of the Eurozone since 2004, as well as a legal tender in all member countries of the Euro Zone.
The coins primarily commemorate historical or particularly important current events. By June 2009 70 types of commemorative 2-euro coins were minted - six in 2004, eight in 2005, seven in 2006, twenty in 2007 (including 13 versions of common issuance of coins on the occasion of the 50th anniversary of the signing of the Treaties of Rome) , ten in 2008 and 19 till June 2009 (including 16 joint issue coins for the 10th year of the euro zone).
The commemorative 2 euro coin became a collectible. The Commemorative 2 euro coins should not be confused with commemorative coins (whose nominal value greater than 2 euro) officially recognized as a "collector coins" and usually made of precious metals.
Regulations and restrictions
The basis for the commemorative coins is derived from a decision of the European Council, which allowed changing the national obverse sides of euro coins from 1 January 2004 onwards.[2] However, a number of recommendations and restrictions still apply.
Two restrictions concern the design. Euro coins must still have a common reverse side, so only the national obverse sides may be varied. Also, the standard national obverse sides per se should not be changed before 2008 at the earliest, unless the head of state depicted on some of the coins changes before then. (This clause already came into effect for Monaco and the Vatican City, whose heads of state—Rainier III and Pope John Paul II respectively—died in 2005 and whose national obverse sides were changed for 2006.)
Further regulations restrict the frequency and number of commemorative coin issues. Each member state shall only issue one commemorative coin per year, and it shall only be denominated as a €2 coin. The total number of such coins put into circulation per year should not surpass the higher of the following two numbers:[3]
- 0.1% of the total number of €2 coins put into circulation by all members of the eurozone. This limit can exceptionally be increased to up to 2.0 per cent if the coin commemorates a very important and noteworthy event; in this case, the member state issuing this higher number of coins should refrain from putting any commemorative coins into circulation for the following four years.
- 5.0% of the total number of €2 coins put into circulation by the member state issuing the €2 commemorative coin.
Another decision added two more guidelines regarding the design of the coins. The state issuing a coin should in some way clearly be identified on the obverse side, either by stating the full name or a clearly identifiable abbreviation of it; and neither name nor the denomination of the coin should be repeated on the obverse, as it is already featured on the common reverse side.[4]
These restrictions do not apply retroactively; only new designs—the national obverse sides for regular issues of states newly joining the euro or of eurozone states which change their design, and €2 commemorative coins issued from 2006 onwards—are subject to them. However, the five countries whose designs violated the first update to the rules (Austria, Belgium, Finland, Germany and Greece) initially were assumed to have to change their design in the future, which Finland did for 2007[5] and Belgium for 2008.
Source: wikipedia.org
Circulating euro coins, collectibles, from all euro zone countries, RBM, rollers, 2 euro, other denominations, silver coins.
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