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Euro Coins of Andorra!

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Pillar of the Community

Canada
2476 Posts
 Posted 12/26/2013  8:02 pm Show Profile Bookmark this topic Add nalaberong to your friends list Get a Link to this Message

Andorra is a micro-state of Europe, sandwiched between France and Spain. Population is just 85,000, and the country boasts one of the strangest systems of government in the world. Andorra has two "co-princes": the current Bishop of Urgell, and the French Head of State. In the past, this was the French King, but nowadays, it is the French President: making François Hollande the only democratically elected monarch in the world! Since the Bishop obviously cannot have children, this makes both co-principal positions non-hereditary. Here's Andorra in Europe:


So, the interesting part (to us): Andorra has previously issued coins of a "commemorative currency", the Andorran diner (which had an unofficial exchange rate, but could neither be converted nor spent, making it somewhat similar to Order of Malta coins), but in reality, the French franc and Spanish peseta were both used in the principality until Euro introduction. Andorra is not an E.U. member, but like Monaco, San Marino, and Vatican City, arrangements are being made to allow it to mint its own Euro coins, starting in 2014:


* this image has been updated

However... Euro coins from Monaco, San Marino, and Vatican City are mostly issued in sets, with only small amounts being actually placed in circulation! Coins from these three tiny nations are very rarely found in change, like impaired proofs in the United States. So Andorra is setting itself apart by ensuring that Andorran Euro coins actually circulate, making them accessible to everyone.

How? This article is Spanish, so I'll have to take someone's word for it:
http://www.numismatica-visual.es/20...tica-visual/

Quote:
An announcement of measures to minimize the speculation about the new series of euro coins. In addition to the circulating at least 80% of the coins, the Andorran government has decided to distribute all of these coins in rolls with French and Spanish coins. In doing so, no roll containing only Andorran coins will be available. These coins will be issued the earliest in March.

I think they are doing a service to us collectors by making sure Andorra's currency is actually used within the country, and I hope they stay in circulation for a long time (except for the ones I plan to hunt down next time I am in Europe!)

Pillar of the Community
United Kingdom
837 Posts
 Posted 12/26/2013  8:48 pm  Show Profile Bookmark this reply Add DaytR to your friends list Get a Link to this Reply
This is an interesting development !
"Roll hunting is still fun but an occasional score would sure help morale."-hockingzig
Pillar of the Community
United Kingdom
1161 Posts
 Posted 12/27/2013  05:13 am  Show Profile Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply
Great idea - hope I get some in change next time I'm in southern France!
Pillar of the Community
Germany
1205 Posts
 Posted 12/27/2013  10:40 pm  Show Profile Bookmark this reply Add chrisild to your friends list Get a Link to this Reply

Quote:
So Andorra is setting itself apart by ensuring that Andorran Euro coins actually circulate

Not really - all monetary agreements (since ~2010) have similar conditions, with a somewhat lower "at face" portion for the Vatican.

* Andorra - Article 5 (2): "At least 80 % of euro coins intended for circulation shall be put into circulation at face value."
* Monaco - Article 6 (4): "Without prejudice to the issuance of collector coins, at least 80 % of euro coins intended for circulation shall be put into circulation at face value each year by the Principality of Monaco."
* San Marino - Article 5 (3): "At least 70 % of euro coins intended for circulation shall be put into circulation at face value as of the year following the entry into force of this Agreement."
* Vatican - Article 6 (4): "Without prejudice to the issuance of collector coins, the Vatican City State shall put in circulation at face value at least 51 % of the euro coins issued each year."

Of course that does not mean that all pieces are issued at face. :) The Vatican for example has issued about 8 million 50 cent coins at face since 2010; the other denominations come in sets.

By the way, the designs you show are different from the final designs. The Numismática Visual article in your link has the ones that will be minted. Also, do not expect those pieces to be issued on New Year's Day. After all, Andorra already uses the euro; these coins will probably come some time in the first quarter. Latvia on the other hand will actually switch from the lats to the euro on 1-Jan. You can already get starter kits there ...

Christian
Edited by chrisild
12/27/2013 10:42 pm
Pillar of the Community
United Kingdom
2002 Posts
 Posted 12/28/2013  03:14 am  Show Profile Check Bacchus2's eBay Listings Bookmark this reply Add Bacchus2 to your friends list Get a Link to this Reply

Quote:
it is the French President: making François Hollande the only democratically elected monarch in the world!


Actually that's not true. The pope is technically the monarch of the Vatican city and is also elected. Malaysia also operates an elective monarch system. The ruler of Andorra is only semi elected in a democratic sense as the people there have no say in who becomes the President of France.

It's an interesting little place though.
Pillar of the Community
Austria
1101 Posts
 Posted 12/28/2013  04:20 am  Show Profile Bookmark this reply Add austrokiwi to your friends list Get a Link to this Reply

Quote:
one of the strangest systems of government in the world


That comment needs to be modified with the word "today" The head of the Holy Roman empire was elected, the Doge of Venice was elected. I am sure those with more in-depth history will be able to point out other similarly elected Monarchs
Don't buy the book before the coin as too often the book is wrong. "Buy" the story then the coin
Valued Member
Netherlands
138 Posts
 Posted 12/28/2013  04:51 am  Show Profile Check Collectcoins's eBay Listings Bookmark this reply Add Collectcoins to your friends list Get a Link to this Reply
Andorra won't mint the coins by itself.
France will mint the 2 euro, 10 cent, 20 cent and 50 cent.
Spain will mint the other coins (1, 2, 5 cent, 1 euro).
The first coins will be available in March!
Www.collectcoins.com for all your eurocoins!
Pillar of the Community
Germany
1205 Posts
 Posted 12/28/2013  06:19 am  Show Profile Bookmark this reply Add chrisild to your friends list Get a Link to this Reply

Quote:
The ruler of Andorra is only semi elected in a democratic sense as the people there have no say in who becomes the President of France.

Side note: As in several other European countries, the Andorran head of state is not actually the "ruler". :) Neither of the two co-princes (French president, bishop of Urgell) is elected by the Andorrans. Then again, that is a basically ceremonial job; Andorra has a democratically elected parliament which then elects the head of government.

Christian
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