• The changes affect the national face of the 1 and 2 euro coins that are put into circulation today

Today the distribution of the first coins for circulation of 1 and 2 euros with the image of Felipe VI has begun after his proclamation as King of Spain in June last year. The Ministry of Economy and Competitiveness, through the Secretary of the Treasury and Financial Policy, authorized the change in the national face of these coins last October and their minting began on January 1. Four million coins of each type are expected to be issued annually in the first years of manufacture.

The 1 and 2 euro coins issued previously maintain their legal tender. The changes introduced only affect the national side of the coins, which will gradually replace the old ones as their demand increases.

At the end of last year, two coins commemorating the proclamation of Philip VI were also issued and minted: one of 30 euros for collection and one of 2 euros for commemoration.

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