France to issue gold and silver coins
 

Interesting news... wonder when we will see them available in the US secondary market if at all ?

Original article </br> PARIS, Aug. 29 (Xinhua) -- France has decided to issue gold and silver euro coins of high face value, said a communique released by the Post Office of France and the Mint of France Friday.

Local media reported that 2 million silver coins with a face value of five euros each are about to be put up for sale in 1,000 post offices throughout the country as of Sept. 1.

Also as of Sept. 1, subscribers can book gold coins with a 100-euro face value in post offices. According to the communique, 15,000 such coins will be issued.

The communique also said 15-euro silver coins will be rolled out on Sept. 15 as 10-euro and 25-euro silver coins and 250-euro gold coins will be launched in 2009 and 50-euro silver coins and 500-euro gold coins in 2010.

Re: France to issue gold and silver coins
 

Dam...........

What I wouldnt give to be able to walk to my nearest postoffice and buy me some silver.

T

Re: France to issue gold and silver coins
 

the last time you could do that here was in 1964 :D

Re: France to issue gold and silver coins
 

if you want high face value i suggest the gold koalas, has a face value of 200 AUD not far away from spot.

Re: France to issue gold and silver coins
 

what is the metal content?

Re: France to issue gold and silver coins
 

right above 10 grams

Re: France to issue gold and silver coins
 

That's for the 5 Euro silver coin, i.e. the silver coin content is worth about 3 Euro.

Summing up: they are bullion coins, minted in big numbers (2.000.000 for the 5 Euro silver coin, 500.000 for the 15 Euro silver coin and 50.000 for the 100 Euro gold coin), whose face value is roughly in line with the value of the PM content.

Re: France to issue gold and silver coins
 

Having high value gold coins with high face values is brilliant... good for both inflation and deflation hedges... we are lucky here in Australia that we have them.

http://www.pandaamerica.com/upd_imag...200dollars.jpg

Re: France to issue gold and silver coins
 

Having a french heritage, I'll be more than happy to get my hands on a couple of those.

As for the picture, I predict

http://www.futura-sciences.com/uploa...darwin_coq.jpg