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San Marino, officially the
Republic of San Marino; Italian: Repubblica di San Marino, also known as
the Most Serene Republic of San Marino[6]), is a country situated on the
eastern side of the Apennine Mountains. It is an enclave surrounded by
Italy. Its size is just over 61 km2 (24 sq mi) with an estimated
population of over 30,000. Its capital is the City of San Marino. San
Marino has the smallest population of all the members of the Council of
Europe.
Although San Marino is not a European
Union member, it is allowed to use the euro as its currency by
arrangement with the Council of the European Union; it is also granted
the right to use its own designs on the national side of the euro coins.
Before the euro, the Sammarinese lira was pegged to, and exchangeable
with, the Italian lira. The small number of Sammarinese euro coins, as
was the case with the lira before it, are primarily of interest to coin
collectors.
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