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Pope's death affects euro market in Europe's smallest countries

The value of euro coins issued in two of the smallest European states - the Vatican and Monaco- has vastly increased since the death of Pope John Paul II and Prince Rainier of Monaco.

A two-euro Vatican coin is currently worth 160 euro on the European coin-collecting market. The price for the set of all eight euro coins, minted in 2004, exceeds 500 euro, according to The Independent.

A one-euro Monaco coin can be worth up to 60 euro.

Both types of coins, plus the ones minted...

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