Silver Ounce (1 oz), Coin Type from Malta - detailed information

Malta has been using the Euro as its currency since 2008. Apart from the regular circulation coinage, the country has also authorised some mints to issue non circulating and bullion coins under its jurisdiction. The one troy ounce of silver (1oz) format is internationally popular, and is formally denominated as €10 (Ten Euro) in face value. According to Eurozone convention, the denomination is legal tender in Malta only, and not in the whole Eurozone.