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The Paris Mint and the national postal service said Tuesday that 5-euro and 15-euro coins will be available in silver while the 100-euro coin will be in gold. Interesting enough, a further limited set of gold and silver coins will be issued by 2010, with the highest value a gold 500-euro coin was also recently announce by the French Mint. [2]
Ancient silver coins coveted by collectors include the Denarius and Miliarense, while more recent collectible silver coins include the Morgan Dollar and the Spanish Milled Dollar. Other than collector's silver coins, silver bullion coins are popular among people who desire a "hedge" against currency inflation or store of value.
Bullion coins are government-minted, legal tender coins made of precious metals, such as gold, palladium, platinum, rhodium, and silver. They are kept as a store of value or an investment rather than used in day-to-day commerce. [1]
Bullion coins can have fineness ranging from 91.9% (22 karat) to 99.99% purity (24 karat). For the VAT exemption purposes the United Kingdom defines investment coins more specifically as coins that have been minted after 1800, have a purity of not less than 900 thousandths and are, or have been, legal tender in their country of origin. [ 2 ]
1.50 euro - silver - 150th anniversary of Bordeaux Wines - 2005; 1.50 euro - silver - 60th anniversary of World War II - 2005; 10 euro - gold - Bicentenary of Austerlitz - 2005; 1.50 - silver - Europa - 2005; 1.50 euro - silver - Frédéric Chopin - 2005; 20 euro - silver - Jules Verne/Twenty Thousand Leagues Under the Seas - 2005
) or penny was a medieval coin which takes its name from the Frankish coin first issued in the late seventh century; [1] in English it is sometimes referred to as a silver penny. Its appearance represents the end of gold coinage, which, at the start of Frankish rule, had either been Roman (Byzantine) or "pseudo-imperial" (minted by the Franks ...
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