The Philatelic and Numismatics Division of San Marino has launched a new bullion-related product of one-ounce silver coins as the smallest republic in Europe seeks to enter the numismatic bullion market. As the third smallest country in Europe after Vatican City and Monaco, the fifth-smallest country in the world has developed an impressive catalogue of collector and circulation coins since their first national coinage was produced and released in 1864. As part of an agreement between Italy and San Marino, Sammarinese coinage was produced in denominations and specifications as Italian coinage and was denominated as the Sammarinese lire. Both currencies were interchangeable at an equal value and as denominations in Italy were removed from circulation and new values added, these coins were also replicated in San Marino. With the entry of Italy into the eurozone in 2002, coins of San Marino were also denominated in euros, although the country is not a member-state of the eurozone. The choice to dedicate the first coin in this new annual series to the peregrine falcon is to be found in the elegance of these native birds of prey that nest in niches in the cliffs near San Marion’s First Tower on the summit of Mount Titano.
The silver coins are produced by the Austrian Mint at their facilities in Vienna on behalf of the State Treasury — Banca Centrale della Repubblica di San Marino. The reverse side of the coin is created by the artist Anna Schlindner, who has depicted a peregrine falcon in flight. The inscription PEREGRINE FALCON is shown along the upper left rim with the additional text SAN MARINO and the year 2024 is placed along the top rim. The coins’ specifications and denomination 1 OZ · Ag 999 · 5 EURO are shown along the lower rim. The reverse side depicts the image of the official coat of arms of the Republic of San Marino, designed by Antonella Napolione. The crest, which illustrates three towers topped with feathers on a mountain within a crowned shield, is believed to have been first used in the 14th century and is featured on the national flag. The text REPUBBLICA DI SAN MARINO encircles the crest.
For additional information about this coin and other numismatic releases offered by the Philatelic and Numismatics Division of San Marino, please visit their website.