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<p>[QUOTE=&quot;chrisild, post: 703417, member: 39&quot;]Today&#039;s coins from the Vatican looks like this:</p><p><br /></p><p>* The &quot;circulation&quot; coins</p><p><a href="http://ec.europa.eu/economy_finance/the_euro/coins8691_en.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://ec.europa.eu/economy_finance/the_euro/coins8691_en.htm" rel="nofollow">http://ec.europa.eu/economy_finance/the_euro/coins8691_en.htm</a></p><p><br /></p><p>* The commemorative coins</p><p><a href="http://ec.europa.eu/economy_finance/the_euro/coins8729_en.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://ec.europa.eu/economy_finance/the_euro/coins8729_en.htm" rel="nofollow">http://ec.europa.eu/economy_finance/the_euro/coins8729_en.htm</a></p><p><br /></p><p>Note that &quot;circulation&quot; is in inverted commas. The Vatican does not issue any coins for circulation. On one hand that makes sense since, like anybody else in Euroland, they can use all euro and cent circulation coins. On the hand one might ask why they &quot;need&quot; to issue coins at all then.</p><p><br /></p><p>That is why the European Commission recently suggested modifying the monetary agreements with MC, SM and VA. The new rules, if approved by the Council, would allow them to issue more coins per year, but only part of the volume could then be sold at higher prices.</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>

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