|Coin||One Euro Cent 2003 (mint sets only)|
The One Euro Cent coin (€0.01) has a value of one hundredth of a Euro and is composed of copper-covered steel. It is the lowest-value coin in the Eurozone. Like all other common circulation coins (from 1 cent to €2), the denomination is issued by the separate countries in the Eurozone and is legal tender in all of them, irrespective of which country has issued it. The coins have a common reverse (designed by Luc Luycx in 199), and each country has its own national obverse; the German obverse was designed by Rolf Lederbogen.
The denomination was introduced in 2002, when Germany retired the German Mark currency and introduced the Euro. The one-cent coin was not redesigned in 2007 as was the case with the higher-value coins.
German Euro Cents feature an oak twig on the obverse - an image carried over from the previous pfennig denomination. The year and mint mark are shown at the bottom. Germany has five mints striking circulation coins, which have an arrangement whereby each mint strikes a specific proportion of the circulation coins every year.
German Euro Cents issued in 2003 have now been in circulation for 19 years.
At centre, the obverse of the coin features an oak twig with two acorns. Around, the twelve stars of the European Union - symbolising the original twelve states.
Around below right in the inner circle, next to the stem of the oak twig, the date of issue: 2003.
Below left, a small letter represents the mint mark of the issuing mint.
The reverse of the coin shows the globe below right, showing Europe in relation to Africa and Asia. The design of the 1- to 5-cent coins is intended to show the European Union's (EU) place in the world, as opposed to the one- and two-euro coins showing the 15 states as one and the 10- to 50-cent coins showing separate EU states.
Behind the globe, six diagonal lines connect the twelve stars of Europe - six around below left, and six around above right.
The designer's monogram LL (for Luc Luycx) is on the right.
Above left, the numeral value: 1; on two lines above, the denomination EURO CENT.
||1 EURO CENT
Given the large number of circulation coins issued the previous year, all the mints only made coins for collectors in 2003 - 180,000 Brilliant Uncirculated in "circulating coin" sets, and 120,000 proofs each.