I have only these two small coins from the Vatican. The designs look like old Roman coins. Vatican City 1 Lira 1953 Vatican City 2 Lire 1952
Do Vatican coins actually circulate and if they do, are they accepted widely or just in Vatican City?
Okay, prior to 1870, "the Vatican" was central Italy. There was a monetary union of sorts signed by Pius IX and the King of Piedmont/Sardinia around 1860, and with coins the same denominations, some would circulate outside the Papal State, as it was then called. Then in 1870, Victtorio Emanuele II's army invaded and took Rome. A few Extremely rare coins were minted by the Vatican (which was the only part of the Papal State unoccupied, it's a long story) between then, and 1922, when Pius XI gave up on demanding all it's land back, and signed a treaty with Italy. Part of the treaty was a renewed issuance of Vatican coins, which, yes, were legal tender throughout Italy. In 2002, the Vatican was given the right to issue Euro coins, although, the were only issued in sets and are VERY expensive (although, the price has gone down considerably over the years), and yes you can spend them anywhere in the Eurozone...but WHY would anyone want to?
Thanks for the insight! I would think they would wind up in collections rather than being spent. I have one Victtorio Emanuele coin that's one of my favorites but I don't have any from Vatican City. I'll have to watch for them.
Yes, the Vatican coins do circulate. The early Vatican euro coins were issued by the UFN in sets only; nowadays they can be found in circulation too. (Actually half of the issue volume - but not every denomination.) And yes, the circulation and commemorative (€2) coins are legal tender anywhere in the euro area. The collector coins however (basically the silver and gold issues) are not. That applies to all euro countries. Christian
Neat purchase. I have to admit I have never paid much attention to my Vatican coins. I have a Sede Vacante, (sp?) from the 19th century is all I remember.
Nice pick up Eugene, Looks to be Au or better. How do you house all your coins? You have one heck of a collection.
Papal City of Gubbio (belonged to Popes since 1624). For an appeal in Gubbio that coin was minted. Very rare coin. One baiocco 1789, copper, pope Pius Sextus (1775-1789), Anno XV.