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obverse
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20 Euro – France

Non-circulating coins
Commemoration: The Louis d'Or
France
Context
Year: 2024
Issuer: France Issuer flag
Period:
(since 1958)
Currency:
(since 2002)
Total mintage: 78,000
Material
Diameter: 33 mm
Weight: 16 g
Silver weight: 14.40 g
Shape: Round
Composition: 90% Silver
Magnetic: No
Technique: Milled
Alignment: Medal alignment
Obverse
OBVERSE ↑
flip
Reverse
REVERSE ↑
References
KM: #Click to copy to clipboard3384
Numista: #398552
Value
Exchange value: 20 EUR = $23.57
Bullion value: $40.40
Inflation-adjusted value: 20.82 EUR

Obverse

Description:
Three friezes in a hexagon interpret the French flag, each representing an era of the trilogy. The face value, "RF," and punches complete the design.
Inscription:
R F

20 €
Translation:
Twenty Euros
Script: Latin
Language: Italian

Reverse

Description:
Engraved by Jean Warin, this profile of Louis XIII is based on a coin from the Monnaie de Paris. Flanking the portrait are the king's monograms and royal symbols, while the letter A denotes the Paris mint of the original coin.
Inscription:
LIBERTÉ ÉGALITÉ FRATERNITÉ

2024

L L L L L A

L L L L A

L L L L L L A
Translation:
LIBERTY EQUALITY FRATERNITY

2024

L L L L L A

L L L L A

L L L L L L A
Script: Latin
Language: French

Edge

Plain

Mints

NameMark
Monnaie de Paris

Mintings

YearMint MarkMintageQualityCollection
202475,000
20243,000Proof

Historical background

In 2024, France's currency situation remains firmly anchored within the Eurozone framework, with the euro (€) as its sole legal tender. The primary monetary policy, including interest rates and broader measures to ensure price stability, is set by the European Central Bank (ECB), with the Banque de France playing a key operational role. The dominant focus for the year is the ongoing battle against inflation, which peaked post-pandemic and following the energy shocks of the Ukraine war. While inflation has begun to recede from its highs, the ECB's cautious stance on interest rate cuts aims to sustainably return to the 2% target, directly impacting borrowing costs for French households, businesses, and government debt.

Domestically, the currency discussion is less about the euro's existence and more about its management and economic impact. There is persistent political debate, particularly from the far-left and far-right factions, criticizing the ECB's tight monetary policy for potentially stifling growth and advocating for a regime more supportive of state-led investment. However, mainstream commitment to the euro remains unwavering, seen as essential for France's financial stability and its core position within the European Union. Practical concerns for citizens and businesses center on purchasing power, as stubbornly high prices for energy, food, and services continue to strain budgets despite nominal wage increases.

Looking forward, the French currency landscape in 2024 is also shaped by digital innovation and geopolitical tensions. The ECB's investigation phase for a digital euro continues, prompting discussions about the future of payments and financial sovereignty. Furthermore, the euro's international role and resilience are tested by global volatility, including energy dependency and trade realignments. Ultimately, France's monetary stability is tied to the euro's performance, with national economic policy focused on competitiveness and structural reforms to strengthen the economy within the single currency area, rather than on any unilateral currency changes.

Series: Ors de France

5000 Euro obverse
5000 Euro reverse
5000 Euro
2023
2500 Euro obverse
2500 Euro reverse
2500 Euro
2023
10000 Euro obverse
10000 Euro reverse
10000 Euro
2023
20 Euro obverse
20 Euro reverse
20 Euro
2024
100 Euro obverse
100 Euro reverse
100 Euro
2024
250 Euro obverse
250 Euro reverse
250 Euro
2024
1000 Euro obverse
1000 Euro reverse
1000 Euro
2024
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