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In Monaco the euro was introduced in 2002. However, the first sets of coins were minted, as preparation, in 2001. Hence the first euro coins of Monaco have minted the year 2001 instead of 2002.
The coat of arms of Monaco with the country name and the twelve stars of Europe written across the top and the year across the bottom of the outer circle with the mint and master's marks.
A globe, next to the facial value, shows Europe in relation to Africa and Asia.