Spain has updated the design of the Spanish national face of the 1 and 2 euro coins to be produced from 2015 in order to illustrate the change in the position of the Head of State. 1 and 2 euro coins from previous years featuring the old Spanish national face will remain valid. The designs on the other denominations remain unchanged.

Date of issue : January 2015

Description of the designs : The design on the Spanish 1 and 2 euro coins feature the effigy of the new Head of State, His Majesty King Felipe VI, in profile to the left. At the left of the effigy, in circular sense and with capital letters, the name of the issuing country and the year of issuance‘ESPAÑA 2015’and at the right the mint mark.

source

http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:JOC_2014_...