Rare 2-Euro Coins: Hard to Find, but Easy to Get Rich

Every country in the Eurozone has the right to mint two such coins each year, and they can also mint an additional coin as part of a shared European series, so these rare 2 Euro coins are often made in limited numbers.

But each currency has its own nuances that are worth knowing about, for example, how membership in the European Union is related to euro tokens. But for erudition in the field of numismatics, it is useful to know the general situation with other world currencies, not just dollars.

obverse and reverse of the 2 Euro Monaco 2007 Grace Kelly
CountryYearTheme MintageApproximate Price
Monaco200725 Years Since Grace Kelly’s Death20,001$3,500 – $4,500
Monaco2015800 Years of the Fortress 10,000$1,500 – $2,000
Monaco201810 Years as a UNESCO Member15,000$500 – $700
Vatican200475 Years Since the Vatican State Was Founded85,000$150 – $300
Vatican200520th World Youth Day100,000$100 – $200
San Marino2004Bartolomeo Borghesi 110,000$80 – $150
Germany2008Old Map ErrorUnknown$100 – $300
Finland2004EU Expansion 1,000,000$30 – $60

Record-Breaking Coins: Monaco and Its Royals

Monaco 2007: Grace Kelly

  • Number Made: 20,001 pieces, and about 10,000 of them were sold in official packs
  • Design: A picture of Princess Grace.

Coins checked by PCGS and given MS-68 or MS-69 can easily go past $5,000, but ones taken out of the plastic or showing very small signs of use drop in price to $1,500 to $2,500.

Monaco 2015: 800 Years of the Fortress

The 2015 coin marks 800 years since the first fortress was built on the rock of Monaco — now the Prince’s Palace.

  • Number Made: 10,000 pieces.

Its price in perfect condition and in the original packaging, moves between $1,500 and $2,000.

Monaco 2019: 90 Years of Princess Grace

  • Number Made: 15,000 pieces.

In the market, it is usually priced at $500 to $800.

Vatican and San Marino

Vatican 2004: 75th Anniversary of the Vatican State

  • Number Made: 85,000 pieces

In perfect condition, it is priced at $150 to $300.

San Marino 2004: Bartolomeo Borghesi

  • Number Made: 110,000 pieces.

Because it is the first issue, the price in perfect condition is around $80 to $150.

San Marino 2021: 550 Years Since Dürer’s Birth

This coin is made for the artist Albrecht Dürer.

  • Number Made: 54,000 pieces.

It is a newer coin, but because of the small mintage, the price stays at about $50 to $70.

obverse and reverse of the 2 Euro San Marino 2021: 550 Years Since Dürer’s Birth

Rare Production Mistakes in the Eurozone

Germany 2008: Old Map Error

In 2007, euro coins got a new design showing the bigger EU, but some mints in Germany and Austria wrongly used the old coin dies to make some of the 2007 and 2008 coins.

A 2008 coin with this mistake found in perfect condition can cost $100 to $300, and the price depends on the mint mark (A, D, F, G, J).

Belgium 2007: Minting Mistakes (Proof/BU Errors)

Small groups of coins with flaws like die cracks or uneven striking were found in early Belgian sets.

  • Price in Dollars: These coins can be priced from $50 to $150, depending on how big the mistake is.

The Role of Slab

The certificate says the coin is real and gives an objective grade like MS-67, and this gives the buyer a guarantee. 

A slabbed coin always costs more because it removes the risk of a fake coin and stops arguments about the condition, so the extra cost for slabbing is about $50 to $150 at the sale, but it can increase the final price by $200 to $500 compared to a coin without a certificate.

Market Changes and Interest

Coins connected to European royal families like Monaco or Luxembourg, or famous people like Grace Kelly, always show higher and more stable interest than ones about regional places, for example.

Collectors are often willing to pay more money for a token that is the last piece they need to finish an entire set from a country, for example, a full set from the Vatican or San Marino.

Many pieces from small countries like Andorra or Monaco that are released recently are sold at prices based on guessing in the first few months, and these prices can be 30 to 50% higher than their long-term steady price, so experienced collectors wait for the market to calm down.

Other Valuable Coins: Andorra and Malta

Andorra 2014: First Issue

  • Number Made: 85,000 pieces, which is considered low for a first issue.

The 2014 tokens in perfect condition sell for $50 to $80.

Malta 2016: Public Debt

  • Number Made: 350,000 pieces, including 30,000 in special BU sets.

Ones from the BU sets can reach $30 to $40.

Things That Decide Rarity and Cost

Low Production Mintage

Countries that are not full members of the European Union but can still make euros often make coins in numbers that are fewer than 10,000 to 20,000 pieces. 

Germany, for example, can make 30 million coins for one series, but Monaco only makes 15,000, so these small numbers make them almost impossible to find in general circulation.

Mistakes in Production

The most famous mistake is called the Old Map Error, where some coins made between 2007 and 2009 were wrongly struck using the old map of the Eurozone before more countries joined in 2007.

Questions to Ask in Order to Identify Scammers

Ask The History Of The Coin

Good sellers always know where the coin came from and who it belonged to before you, so you should request the full history of the coin to verify its true origin.

Ask Them to Take Very Clear Pictures 

You need high-resolution photos of the surface of the coin, its edges and small details, because good pictures will help you easily and clearly see small scratches or fake marks.

Check the Certificate Number

If the coin is in a plastic package, you should request the certificate number and then immediately check this number on the appraisal company’s website to make sure that the certificate is real and not fake.

You also should ask the seller about the exact rules for sending the coin back and receiving your money, because honest and trustworthy sellers always offer a clear refund deadline so that you have enough time to check the coin yourself.

Coin Condition

For new coins, the best is Uncirculated condition — it was never used and shows no signs of wear, and as for the Proof condition with a mirror-like surface and a dull image, coins made specifically for collectors are the most costly. 

So, such different and rare coins are always united by one fact — a tribute to respect. Some of the images on the tokens reflect a difficult era, some of the favorites of the public and people who have done a lot for the country. 

But in any case, if you want to feel like a professional in numismatics, study the history of different countries and how this affected the currency, then you can easily at least recognize a fraudster by saying that you know at what time there was a shortage of silver in the country and it is unlikely that you have a silver token in front of you.