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<p>[QUOTE="chrisild, post: 1513935, member: 39"]Hehe ... actually I am lousy when it comes to maths (or chemistry or physics) but this I don't find very complicated. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> Until 2011, Monaco had 1/500 of the annual French volume. Easy to calculate, but bad when/if the French government decides that, in Year X, only very few new coins are needed.</p><p><br /></p><p>Now - since 2011 - they can issue coins worth €2.34m (fixed), plus a couple more - and only that second (considerably smaller) part depends on the French volume. In 2011 for example the total volume was €2.427m. All four monetary agreements (Monaco, Vatican, Andorra, San Marino) have such combinations of fixed and variable issue volumes now.</p><p><br /></p><p>And while this won't really matter from an American point of view, I suppose, using such outdated info does look a little odd in such a context. Heck, we all make mistakes, and it sure is not easy to always be up to date, but the 2010/2011 monetary agreements were made also because of issues such the ones mentioned in that article. Whether the world will now be a better one, as far as Monegasque coins are concerned, remains to be seen. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Now the Latvian Maiden - yes, that is a design which not only many in Latvia like. Currently she does not show up on circulation coins, but you see her on the <a href="http://www.bank.lv/images/stories/images/img_lb/naudas/images/500Ls/2008_500_ls_balts_380.jpg" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.bank.lv/images/stories/images/img_lb/naudas/images/500Ls/2008_500_ls_balts_380.jpg" rel="nofollow">500 latu note</a>. That one may be a little costly; the face value is about €720 or $880. But in case Latvia introduces the euro, and it seems they still plan to do that, she would be on the somewhat more affordable €1 and €2 coins.</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 1513935, member: 39"]Hehe ... actually I am lousy when it comes to maths (or chemistry or physics) but this I don't find very complicated. :) Until 2011, Monaco had 1/500 of the annual French volume. Easy to calculate, but bad when/if the French government decides that, in Year X, only very few new coins are needed. Now - since 2011 - they can issue coins worth €2.34m (fixed), plus a couple more - and only that second (considerably smaller) part depends on the French volume. In 2011 for example the total volume was €2.427m. All four monetary agreements (Monaco, Vatican, Andorra, San Marino) have such combinations of fixed and variable issue volumes now. And while this won't really matter from an American point of view, I suppose, using such outdated info does look a little odd in such a context. Heck, we all make mistakes, and it sure is not easy to always be up to date, but the 2010/2011 monetary agreements were made also because of issues such the ones mentioned in that article. Whether the world will now be a better one, as far as Monegasque coins are concerned, remains to be seen. ;) Now the Latvian Maiden - yes, that is a design which not only many in Latvia like. Currently she does not show up on circulation coins, but you see her on the [url=http://www.bank.lv/images/stories/images/img_lb/naudas/images/500Ls/2008_500_ls_balts_380.jpg]500 latu note[/url]. That one may be a little costly; the face value is about €720 or $880. But in case Latvia introduces the euro, and it seems they still plan to do that, she would be on the somewhat more affordable €1 and €2 coins. Christian[/QUOTE]
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