Vatican Euro Coins - The news website euronews is reporting that the Pope will resign on the 28th February 2013 because he no longer has the strength to fulfill the duties of his office. This will be the first time since the early 15th century that a Pope has retired. Conclave to elect the new pope will be held in March.
Once a new pope is elected, the Vatican will issue a new standard coin set (4th Series) featuring the new pope. Pope Benedict was elected in April 2005 but the new standard set was issued 1 year after - April 2006, thus, it is very likely that the new 4th series will be issued next year. However, since this time the Vatican will not issue a Sede Vacante standard coin set, it might issue the new standard coins this year.
During last Sede Vacante, the Vatican has issued a new series of standard coins, however, this won't happen this time as the EU has changed the rules - now the Vatican is allowed to issue another 2 euro commemorative coin to commemorate the Sede Vacante - thus this year we expect two €2 commemorative coins from the Vatican.
Source
(C) Euronews
(C) Image Source
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Comment by Pabitra Saha on February 12, 2013 at 22:13
Comment by Igor on February 12, 2013 at 22:08 I believe the new coin set with a new Pope will be issued in 2014. Traditionally, in a country where a head of state dies or abdicates, the new coin set is released the following year. I do not remember a case when coin sets with both old and new heads of state would have been minted the same year.

the timelines are very similar to those of 2005 - and we all know that the new pope set was out a year after
however last time, in the same year the pope died they had issued a sede vacante standard set and maybe that is why the new set with the pope was out the year after
this year there wont be a sede vacante standard coin set so this makes the scenario different

Comment by Pabitra Saha on February 12, 2013 at 20:22
Comment by Illioplius on February 12, 2013 at 20:20 I think there will not be any 2013 set with new pope. But who knows...

Comment by Pabitra Saha on February 12, 2013 at 18:24 
Comment by John Rasmussen on February 12, 2013 at 15:36 What is happening? Collectors are going crazy. Yesterday evening a standard euro-coinset Vatican 2013 in presale was sold for 421 euro!!! I can´t see why the abdication announcement should make the prices go skyhigh. The mintage is still the same, and 2 days ago the presale price was around 50 euro!!!!

Comment by Pabitra Saha on February 12, 2013 at 9:25
Comment by Mirko Ivanda on February 12, 2013 at 2:09 I wonder if there is a ritual linked to resignation - if yes we didnt see this for several centuries
It seems it's such a rare event that there probably isn't anything fixed, so there will be just some ad hoc parts attached to a mass I guess
Comment by Fedone70 on February 11, 2013 at 13:51 Mint Roma a lot of work coinage San marino, Vaticano, Italy,
hopefully not report delays throughout the year.
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