Commemorative issueRepublic of Malta 1974, The coin is the last in a series of five commemorating Maltese constitutional milestones. Malta was declared a republic on 13 December 1974 following constitutional changes which were agreed upon by a great majority in Malta’s Parliament. The design reproduces a marble tablet affixed to the façade of the Presidential Palace in Valletta to mark Malta’s change from a monarchy to a republic. At the top right, in semi-circle, the inscription ‘MALTA — Republic 1974’. At the bottom, the year ‘2015’. The coin’s outer ring bears the 12 stars of the European Union., A map, next to the face value, shows the European continent without borders., Reeded with inscription: six times a "2" and two Maltese crosses, alternately upright and inverted