The 2015 Malta 2 euro commemorative coin marks the fortieth anniversary of the proclamation of Malta as a republic in 1974. The national side features a bronze monument located in Republic Square in Valletta, which commemorates this significant constitutional shift. Designed by Ganni Bonnici, the monument symbolises the transition of the nation from a constitutional monarchy to a republic, a pivotal moment in the country’s modern political history. The inscription 'MALTA – Republic 1974' appears at the top, while the year '2015' is positioned at the bottom of the design. This issue was released as a standard circulation coin with a total mintage of 300,000 pieces.