5.0% of the total number of в \2 coins put into circulation by the member state issuing the в \2 commemorative coin.
0.1% of the total number of в \2 coins put into circulation by all members of the eurozone. This limit can exceptionally be increased to up to 2.0 per cent if the coin commemorates a very important and noteworthy event; in this case, the member state issuing this higher number of coins should refrain from putting any commemorative coins into circulation for the following four years.
Further regulations restrict the frequency and number of commemorative coin issues. Each member state shall only issue one commemorative coin per year, and it shall only be denominated as a в \2 coin. The total number of such coins put into circulation per year should not surpass the higher of the following two numbers:
Two restrictions concern the design. Euro coins must still have a common reverse side, so only the national obverse sides may be changed. Also, the standard national obverse sides per se should not be changed before 2008 at the earliest, unless the depicted on some of the coins changes before then. (This clause already came into effect for and the , whose heads of stateвІ and respectivelyвІ died in 2005 and whose national obverse sides were changed for 2006.)
The basis for the commemorative coins is derived from a decision of the , which allowed changing the national sides of euro coins from 1 January 2004 onwards. However, a number of recommendations and restrictions still apply.
[ ] Regulations and restrictions
Only the country sides of the coins may be changed; the common side may not. In 2007, 2009 and 2012, all countries released common commemorative coins, though , and have not released any independently. and are the only countries to have released commemorative coins every year. The number of commemorative coins is limited to one per country per year and to 5 percent of the total output. Limits on the designs are also in place to ensure uniformity.
в \2 commemorative coins are special minted and issued by member states of the since 2004 as in all eurozone member states. A country can issue one such coin per six months. The coins typically the anniversaries of historical events or draw attention to current events of special importance. As of 2012, a hundred and twenty-six variations of в \2 commemorative coins have been вІ six in 2004, eight in 2005, seven in 2006, twenty in 2007 (including the thirteen versions of the common issue), ten in 2008, twenty-five in 2009 (including the sixteen versions of the common issue), twelve in 2010, sixteen in 2011 and twenty-two in 2012 (including the seventeen versions of the common issue). At least five more issues are planned for 2012. The в \2 commemorative coins have become , but are different from , which are officially designated as "collector coins" and usually made of precious metals.
From Wikipedia, the free encyclopedia
в \2 commemorative coins
в \2 commemorative coins - Wikipedia, the free encyclopedia
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