Euro coins also raised about Poongsan's presence on the vetted list of coin blank suppliers of the European Commission's Mint Directors Working Group. However, the Commission claimed responsibility on this issue lies with the member states of the Union. Euro coins There are eight euro coin denominations, ranging from one cent to two euros (the euro is divided into a hundred cents). The coins first came into use in 2002. They have a common reverse, portraying a map of Europe, but each country in the eurozone has its own design on the obverse, which means that each coin has a variety of
1 euro coin 1 euro coin The 1-euro coin (€1) is a euro coin with a value of one euro (€1). It is made of two alloys: the inner part of cupronickel, the outer part of nickel brass. All coins have a common reverse side and country-specific national sides. The coin has been used since 2002, with the present common side design dating from 2007. As of July 2015, there were approximately 6.7 billion one-euro coins in circulation, constituting 26.4% of all circulated euro coins by value and 5.9% by quantity. The coin dates from 2002, when euro coins and banknotes were introduced