Collectors Snap Up Vatican Euro

VATICAN CITY, MARCH 6, 2002 (Zenit.org).- The Vatican euro was such a hot item with collectors that the city-state ran out of the first sets of the papal coins in five days.

The 65,000 sets of eight coins each — complete with the image of John Paul II — went into circulation Friday and were sold out Tuesday. The sets cost 12 euros (about $10.40).

According to a monetary agreement, Vatican City´s currency is aligned with Italy´s. When Italy joined the single European currency, the Vatican followed suit, as did other small countries, such as the Republic of San Marino and the Principality of Monaco.

Italy´s mint has coined 640,000 euro coins with John Paul II´s image. His name does not appear, however.

For more information on the Vatican euro, contact [email protected]. For now, the coins can be viewed at http://www.vatican.va/vatican_city_state/services/stamps_coins/documents/n200201mo_it.htm.

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