22

Apr 2012

22

Apr 2012

About the 100 Euro European Monetary Union Gold Coin

By StoneX Bullion

100 Euro European Monetary Union Gold Coins Characteristics

Germany opened the long line of commemorative coins with the 1 Deutsche Mark gold coins in 2001 and immediately the following year, in 2002, issued the 100 Euro European Monetary Union gold coins. As their title suggests, these gold coins were produced in order to celebrate the issuing of coins and banknotes in the new German currency, the Euro. For Germany it was a real motive of celebration since it took three years to issue the new currency, in 1999 the Euro was only virtually accepted. And what better way to remember this special and unique occasion than to issue a coin manufactured from gold? It is the safest way to ensure that future generations will still remember the year in which the Euro was introduced in Germany and that year is 2002, just like it is minted on the 100 Euro European Monetary Union gold coins. The 100 Euro European Monetary Union gold coins come in the standard weight of 1/2 troy ounces of gold or otherwise put, this commemorative gold coin weighs 15.55 grams. These commemorative gold coins come in the high purity of 99.90% pure gold and they have a 28 mm diameter.

100 Euro European Monetary Union Gold Coins Design

The obverse of the 100 Euro European Monetary Union gold coins depicts in the center the Euro logo surrounded in a circle by the European Union 12 stars. A series of images are engraved on the reverse of these German gold coins minted in 2002, representative for the German history. The most notable are the two bridges and other architectural elements which are surrounded by the following inscriptions: UBERGANG ZUR WAHRUNGSUNION, EINFUHRUNG DES EURO. The reverse of the 100 Euro European Monetary Union gold coins illustrates the famous German eagle together with the year of minting 2002 and the 12 European stars. The inscriptions found on the reverse are BUNDESREPUBLIK DEUTSCHLAND and the denomination of these gold coins of 100 EURO. After the letter A which is inscribed in the right side of the coin, near the German eagle, we draw the conclusion that the 100 Euro European Monetary Union gold coins were manufactured by the Berlin mint.

Invest in 100 Euro European Monetary Union Gold Coins

The scarce mintage of the 100 Euro European Monetary Union gold coins estimated at around 500,000 gold coins makes them even more desirable for collectors. To this is added the special occasion commemorated by these gold coins which make them a must have among collectors. The 100 Euro European Monetary Union gold coins were so popular among investors and collectors that the initial planned date to stop the minting in the year 2008 was prolonged for the year 2013. What makes the 100 Euro European Monetary Union gold coins so popular is the high quality of the precious metal used in manufacturing them, their unique beauty brought by German symbols, the special occasion commemorated through the issuing of these coins, their high value and demand on the market, and last but not least the continuous increase in gold prices which transforms these German gold coins minted in 2002 in a wise investment decision.
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