Euro coins 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 different designs in circulation at once. Four European microstates which use the euro as their currency also have the right to mint coins with their own designs on the obverse side. The coins, and various commemorative coins,
Token coin for smaller denominations. Tokens are being phased out by many casinos in favor of coinless machines which accept banknotes and print receipts for payout. (These receipts - often nicknamed "TITOs" for Ticket-in, ticket-out, can also be inserted into the machines.) In video arcades, they are also being phased out in favor of magnetic cards, which can also count how many tickets one has, allowing arcades to also do away with paper tickets. Staff tokens were issued to staff of businesses in lieu of coins. In the 19th century the argument supporting payment to staff was the shortage of coin in