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Comment by Pabitra Saha on July 27, 2012 at 11:02

I think the Article 4 1(b) now permits Vatican to issue Sede Vacant circulation coins too which they were specifically directed not to issue. Thus, in one of the future years, we may have upto 5 different Vatican 2 Euro coins. These would be 3 circulation coins ( old and new Popes, Sede Vacante ) and 2 Commems.

Admin Comment by euroHOBBY on July 27, 2012 at 9:21

regarding Sede Vacante - now the Vatican is allowed to issue a 2 euro commemorative coin instead of a standard set

Admin Comment by euroHOBBY on July 27, 2012 at 9:18

Pabitra - you are right regarding the 17th Aug - thanks

Comment by Pabitra Saha on July 27, 2012 at 9:09

Why 20th August? It is after 20 days of publication. So with effect from 17th August.
It also approves coin like "cede vacante" of Vatican.
Let us see which is the first country off the block, like great Olympic race.

Admin Comment by euroHOBBY on July 27, 2012 at 0:16

Today it become official that from the 20th August, 2012 each country can mint up to 2 coins of €2 commemorative per year. This notice has just been published in the official journal of the European Union - read here for more details

Comment by Illioplius on July 20, 2012 at 22:53

EuroHobby: I don't know. Is it still collecting – buying just coins worth of 2,50 € or 3 €? OK, it is collecting, but similar to collecting buttons or coins from circulation. Those are just numismatically worthless coins, although they may be nice or a supplement to a collection.

If somebody wants to do numismatics, he has to invest some money to it. I believe it in not wasting a money, since these coins do not in general lose at value. Of course, one mustn't buy very soon or very late, but that's the art of collecting economically.

In other words, buying a coin worth 6 € is not losing these 6 €. It is still 6 €, only in form of a 2 € piece. Once you need the money, you can sell this coin for ~6 €. In some cases you earn something, in some cases you lose, but that's it. In general you are not losing if you aren't stupid or naive or unexperienced. This is more visible in very expensive items like Monégasque sets or Grace Kelly or I don't know... Sede Vacante etc..

What I am trying to say is that ordinary collectors of euro coins don't take this branch of numismatics seriously, I think. Not that classical numismatics are taking it seriously either, but that's their problem. If I want to collect something, I have the right of choice: do I want to collect everything or just something? If I want to collect everything, I will probably have to invest lot of money. If I want just something, I can easily ignore expensive issues like Monégasque coins or even 6 € pieces if somebody finds those unaffordable.

As for me, I would only appreciate if all € 2 CC were limited to cca 700 000 pcs. at maximum. Even mintage of one million makes price around 3 €, so who needs mintages in tens of millions?? I doubt those coins are still "uncommon" as they are supposed to be.
Value of my collection will probably increase as there will be more coins of higher values. It'll make my collection more prestigious and I will be more proud of my collection, because there will be less people who have such a nice collection. And that's the spirit od collecting, I guess.

Comment by Pabitra Saha on July 20, 2012 at 22:31

When the limit was one per year, many countries were too lazy to issue that one too. On the other hand, some countries were regular, with good montage and normal issue method through Central Bank. My country, Belgium, is in that list.
When the limit is raised to two, the lazy countries will remain so. On the other hand, such regular countries will get opportunity to commem different events, rather than simple serial issues like states, death, weddings and birth of kings.

Admin Comment by euroHOBBY on July 20, 2012 at 21:26

@Illioplius

it will be indeed that reason that will kill the hobby for some (if not many)

we will have more coins per year for higher prices (due to lower mintage volumes) - look at Abbe Pierre coin from France this year

so it will be not be affordable for many especially for the youths

Comment by Illioplius on July 20, 2012 at 21:16

On the other hand, if there will be two coins a year, they will probably have lower mintage volume which makes them more valuable.

Admin Comment by Robi from Brussels on July 20, 2012 at 1:01

Yes... it's a bad news! 

I'm afraid this will take away the pleasure and the appeal of collecting 2€CC, simply because they will become too many and too common.... It will be a mess!

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