22

Apr 2012

22

Apr 2012

About 100 Euro Quedlinburg Gold Coin

By StoneX Bullion

100 Euro Quedlinburg Gold Coin Characteristics

When we are referring to the 100 Euro Quedlinburg gold coin we are mainly talking about the first coin that was minted in order to commemorate the towns included on the UNESCO World Heritage Sites list. After this gold coin which celebrates Quedlinburg, followed numerous coins minted in order to commemorate all the German cities included on the UNESCO list. Therefore, the first city chosen to starts this beautiful series was Quedlinburg and this happened in 2003. Even though the 100 Euro Quedlinburg gold coin was minted in 2003 by the German government, this town was included on the UNESCO World Heritage list in 1994. The weight of a 100 Euro Quedlinburg gold coin is of 1/2 troy ounces of pure gold. Therefore, this gold coin weighs 15.55 grams and it is manufactured from gold of 24 carats, having 99.90% fineness.

100 Euro Quedlinburg Gold Coin Design

On the obverse of the 100 Euro Quedlinburg gold coin are illustrated the symbols that made UNESCO choose this town to be included in the World Heritage Sites, the castle build by Henry I and the Collegiate church, which were both built around the year 900. Under these historic designs there are inscribed the names of all the religious buildings found in the area. The inscriptions found on the obverse are UNESCO WELTKULTURERBESTADT QUEDLINBURG. The reverse of the 100 Euro Quedlinburg gold coin features the German eagle accompanied by the year of minting 2003, the face value of the coin 100 EURO, the 12 stars representing the flag of Europe, and BUNDESREPUBLIK DEUTSCHLAND. It is also present the letter J which means that the coin illustrated on our website was produced by the mint located in Hamburg.

100 Euro Quedlinburg Gold Coin Investments

It is estimated that there were minted 400,000 gold coins in 2003 commemorating the town of Quedlinburg. When these coins were minted, they were priced in accordance with the gold price for the day prior to the official issuing. To this price it was added a premium of 25 Euro. Therefore, the total value at which a 100 Euro Quedlinburg gold coin was available to investors in 2003 was of 190 Euro. The difference between the price from 2003 and the current price at which a 100 Euro Quedlinburg gold coin is available to investors demonstrates precisely how profitable can be the investment into these gold coins, when done at the precise moment. Furthermore, if demand for this German gold coin minted in 2003 increases and the gold price increases as well, then the coin will value much more, as it is the case nowadays. The 100 Euro Quedlinburg gold coin also appeals to collectors who maybe want to own all the commemorative coins which celebrate the cities included on the UNESCO list, issued by the German government. It can also be a desired coin by the persons who visited this city and want a souvenir made from the most wanted precious metal. Either way, whether you are an investor or a collector, you can find the 100 Euro Quedlinburg gold coin on our website.
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