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<p>[QUOTE="chrisild, post: 1513260, member: 39"]Here is some background info about that Latvian Maiden: <a href="http://www.bank.lv/en/money/5-lats-collector-coin" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.bank.lv/en/money/5-lats-collector-coin" rel="nofollow">http://www.bank.lv/en/money/5-lats-collector-coin</a> (This refers to a gold piece issued in 2003 which uses the very same design.)</p><p><br /></p><p>What CoinWeek says about Monaco is outdated, by the way. They write that "Monaco is allowed to issue coins under the French euro quota (1/500th of the coins minted by France)" ... Well, here are the relevant parts of the 2011 Monetary Agreement:</p><p><br /></p><p><i>The conditions for issuing euro coins as from 1 January 2011 are laid down in the following Articles. [...]</i></p><p><i>The annual ceiling (in value terms) for the issuance of euro coins by the Principality of Monaco shall include: </i></p><p><i>- a fixed part, whose initial amount for 2011 is set at EUR 2 340 000; </i></p><p><i>- a variable part, corresponding in value terms to the average per capita coin issuance of the French Republic in the year n-1 multiplied by the number of inhabitants of the Principality of Monaco.</i></p><p><br /></p><p>The agreement also specifies that, quote, <i>at least 80 % of euro coins intended for circulation shall be put into circulation at face value each year by the Principality of Monaco.</i> But of course that does not apply to each single issue. So they could do what the Vatican does - make quite a few pieces of one denomination only, and sell the others in sets only ...</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 1513260, member: 39"]Here is some background info about that Latvian Maiden: [url]http://www.bank.lv/en/money/5-lats-collector-coin[/url] (This refers to a gold piece issued in 2003 which uses the very same design.) What CoinWeek says about Monaco is outdated, by the way. They write that "Monaco is allowed to issue coins under the French euro quota (1/500th of the coins minted by France)" ... Well, here are the relevant parts of the 2011 Monetary Agreement: [i]The conditions for issuing euro coins as from 1 January 2011 are laid down in the following Articles. [...] The annual ceiling (in value terms) for the issuance of euro coins by the Principality of Monaco shall include: - a fixed part, whose initial amount for 2011 is set at EUR 2 340 000; - a variable part, corresponding in value terms to the average per capita coin issuance of the French Republic in the year n-1 multiplied by the number of inhabitants of the Principality of Monaco.[/i] The agreement also specifies that, quote, [i]at least 80 % of euro coins intended for circulation shall be put into circulation at face value each year by the Principality of Monaco.[/i] But of course that does not apply to each single issue. So they could do what the Vatican does - make quite a few pieces of one denomination only, and sell the others in sets only ... Christian[/QUOTE]
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