Collectors Snap Up Vatican Euro

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VATICAN CITY, MARCH 6, 2002 ( The Vatican euro was such a hot item with collectors that the city-state ran out of the first sets of the papal coins in five days.

The 65,000 sets of eight coins each -- complete with the image of John Paul II -- went into circulation Friday and were sold out Tuesday. The sets cost 12 euros (about $10.40).

According to a monetary agreement, Vatican City´s currency is aligned with Italy´s. When Italy joined the single European currency, the Vatican followed suit, as did other small countries, such as the Republic of San Marino and the Principality of Monaco.

Italy´s mint has coined 640,000 euro coins with John Paul II´s image. His name does not appear, however.

For more information on the Vatican euro, contact For now, the coins can be viewed at