Vatican Euro Coins - Pope Benedict XVI will resign on the 28th February 2013, from that period till a new pope is elected the Vatican will have a "Sede Vacante". The last time this had happened was in 2005 when Pope John Paul II passed away. In the same year the Vatican had issued a Sede Vacante standard euro coin set. However, since then the Euopean Union has change its rule and in order to avoid countries changing their standard coins too often - the new rules say that in case of Sede Vacante, countries are allowed to issue an extra 2 euro commemorative coin to commemorate this. Thus, we expect the Vatican to issue a Sede Vacante 2 euro commemorative coin by mid this year.
26 February 2013 - According to the news website CNS, the Vatican has confirmed that will issue a 2 euro commemorative coin to commemorate the Sede Vacante - besides the 2 euro coin they will also issue a 5 euro coins. According to the same website they will probably be out in May and some of the 2 euro coins will be put in circulation. The "sede vacante" coins will have the denomination on one side and the "sede vacante" symbol on the other.
The coins take long to be issued because Vatican coins are produced by the Italian mint and work is backlogged. Even the plaster mold of the designs still has to be made. The last of the Pope Benedict XVI coins, which bear the portrait of the pope, will be issued end of March.
01 March 2013 - A €2.00 one commemorating the Sede Vacante will be issued. It is the only one that will be circulated seeing that, according to the European convention with the Vatican City State, only one coin is allowed to be issued per year, with an extra one permitted in the case of a Sede Vacante. There will, therefore, be two coins in 2013: one for the Sede Vacante and the other, to be issued in April, with an image of Benedict XVI.
The Sede Vacante coin, 125,000 of which will be minted, bears the emblem of the Cardinal camerlengo with the pavilion of the Apostolic Camera.
There will also be 10,000 silver €5.00 coins minted for the Sede Vacante that will have a dove of the Holy Spirit and the words “Veni Sancte Spiritus” on one side and the emblem of the Cardinal camerlengo with the pavilion of the Apostolic Camera and the phrase “Sede Vacante 2013” on the other. Likewise, 5,000 gold €10.00 coins will be minted. This will be a very small coin (13.85mm in size and 3g in weight) and will have the same images and writing as the silver coin.
The €5.00 and €10.00 coins are collectibles and, theoretically, can only be used within the Vatican. They are not legal tender outside of the Vatican.
08 March 2013 - First image of the coin thanks to Numismatica Visual
(c) VIS News
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