News

Meeting with AD€ at LA MONNAIE DE PARIS - December 2011

Several points were discussed during the meeting at which the AD€ was represented by Serge WIOTTE, author of the report (thank you to him) and Bruno Ramos:

Parts of the series "Hercules":

The range of Hercules 2012 Euros will consist of a well-Silver € 100 (April), a gold  € 1000  (April) and a gold € 5000. This gold € 5,000 coin (999/1000 of gold) weighing 75.00 grams and a diameter of 45 mm, will be struck in 2,000 copies. (Subscription in November and delivery before the holiday season).

A proof € 10 Silver coin will be issued at the same time with the same characteristics, with 10,000 copies hit the prices ranging from € 35/45.

On this matter,  Mr. C. BEAUX points out that in general the Paris Mint strives to ensure a ratio Face value / weight of fine metal of 70 to 75% for Gold Coins and 50 to 60% for Silver.

1/8th of an ounce gold coin:

A reflection on the possibility of striking gold coins UNC, with a weight of 4 g and a diameter of 20 mm (like  the € 200 gold coin "regions") and 12 reproduce the annual themes of the Paris Mint. At this stage it is still a reflection.

Currency Rates of Monnaie de Paris:

La Monnaie de Paris is continuing its efforts to modernize and is able to announce a drop in future prices.

- 10% cuts on silver coins, with inevitable adjustments to fall on good deals.

- 5.5% cuts on gold coins.

The cuts doen't concern of course circulation coins, sold at face value.

M. C. BEAUX said, and hopes that the evolution of prices of precious metals will be progressive over time. For the comfort of Collectors. For the evolution we have experienced in recent months is good for anyone.

At this point the questions given on the dates of upcoming releases, including:

- The Euro Regions:

€ 10 Silver subscription on 22/06/2012. Each region will be shown in two parts, the portrait of a character and the illustration of his work, except one region which has two characters. No characters were represented in his lifetime, the choice of these historical figures was also dictated by the need for compliance with the parity. All will be unveiled in Berlin.

- € 200 gold coin:

The subscription will be launched in September 2012.

Note that given the success of the Mint with "Hercules" coins, it is possible that this coin will be issued again in 2013.