Cyprus has announced plans to issue on Nov. 3 a circulating 2017
commemorative €2 coin to celebrate a European city being lauded for
its cultural events.
The town of Paphos has been named the European Capital of Culture
for 2017, an honorary title that rotates among EU-member nations
(prior capital of culture awardees have also issued €2 coins).
Designer abandoned original reverse design late
in the process
Also in our Oct. 30 issue, Mike Diamond presents an interesting
question in his Collectors’ Clearinghouse column: How many errors
can one coin have?
The national side (obverse) of the coin depicts the Paphos Ancient
Odeon, an amphitheater dating back to the second century A.D. The site
is among the most important monuments of Paphos, having been used
during ancient times as the venue of cultural events. Today it is used
for musical and theatrical performances.
The issuing country’s name rendered as ΚΥΠΡΟΣ KIBRIS and the phrase
Πάφος 2017 — Πολιτιστική πρωτεύουσα Ευρώπης (translating to: Paphos
2017 — European capital of Culture) are inscribed on the inner part of
the national side of the coin, which was designed by George Stamatopoulos.
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The ringed-bimetallic coin has a copper-nickel core and
The coin’s outer ring on both sides depicts the 12 stars of the
European flag. The common reverse shows a map of the European Union.
The €2 coin weighs 8.5 grams and measures 25.75 millimeters in diameter.
Each nation may issue up to two different circulating commemorative
designs annually, with designs of their choosing, though few nations
issue the maximum number of designs.
Joint euro programs like the 2015 coins honoring the 30th
anniversary of flag of the European Union do not count toward this limit.
The coin has a mintage limit of 430,000 pieces, with 418,000
available in 25-count rolls. An additional 5,000 Proof and 7,000
Brilliant Uncirculated examples are designated for collector sales at