Euro Gold And Silver Commemorative Coins (Greece)
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Euro Gold And Silver Commemorative Coins (Greece)
Euro gold and silver commemorative coins are special euro coins minted and issued by member states of the Eurozone. They are mainly produced using gold and silver, although other precious metals are used in rare occasions. Greece was one of the first twelve countries in the Eurozone that introduced the euro (€) on 1 January 2002. Since 2003, the Mint of Greece have been minting both normal issues of Greek euro coins, which are intended for circulation, and commemorative euro coins in gold and silver. These special coins have a legal tender only in Greece, unlike the normal issues of the Greek euro coins, which have a legal tender in every country of the Eurozone. This means that the commemorative coins made of gold and silver cannot be used as money in other countries. Furthermore, as their bullion value generally vastly exceeds their face value, these coins are not intended to be used as means of payment at all—although it remains possible. For this reason, they are usua ...
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Euro Coins
There are eight euro coin denominations, ranging from one cent to two euro (the euro is divided into a hundred cents). The coins first came into use in 2002. They have a common Obverse and reverse, reverse, portraying a map of Europe, but each country in the eurozone has its own design on the Obverse and reverse, obverse, which means that each coin has a variety of different designs in circulation at once. Four European microstates that are not members of the European Union (Andorra, Monaco, San Marino, and Vatican City) use the euro as their currency and also have the right to mint coins with their own designs on the obverse side. The coins, and various €2 commemorative coins, commemorative coins, are minted at numerous national mints across the eurozone to strict national quotas. Not every eurozone member state has its own mint. Obverse designs are chosen nationally, while the reverse and the currency as a whole is managed by the European Central Bank (ECB). History The e ...
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