Estimate: 20.000 EuroBrandenburg.
Friedrich Wilhelm, the Great Elector.
Ducat 1686 LCS, Berlin.
Extremely rare.
Attractive piece.
36
Estimate: 50.000 EuroBavaria.
Maximilian II.
Ducat 1855.
Only a few pieces are known.
Extremely fine-uncirculated.
105
Estimate: 125.000 EuroBrunswick-Bevern.
Ferdinand Albrecht I.
Löser in the weight of 4 Reichstalers 1670, Clausthal.
Extremely rare.
Attractive piece.
135
Estimate: 100.000 EuroLippe.
Friedrich Adolf.
5 Ducats 1711, Detmold.
Only known piece.
Extremely fine-uncirculated.
184
Estimate: 50.000 EuroCity of Nuremberg.
10 Ducats 1630.
Extremely rare.
Extremely fine.
198
Estimate: 40.000 EuroCity of Regensburg.
6 Ducats, n. d. (1765-1790), with the title of Joseph II.
NGC MS 62 PL.
Extremely rare.
Attractive piece from polished dies.
Almost uncirculaed.
251
Estimate: 125.000 EuroHolstein-Gottorp.
Johann Adolf, 1590-1616.
Portugalöser (10 ducats) n.d., Eutin.
Extremely rare and of particular
significance in monetary history.
Attractive piece.
295
Estimate: 200.000 EuroRDR.
Leopold I, 1657-1705.
20 Ducats, n. d. (after 1666), Hall,
by M. König.
Extremely rare.
Almost extremely fine.
376
Estimate: 125.000 EuroArchbishopric of Salzburg.
20 Ducats 1687.
NGC AU 58.
Extremely rare.
Extremely fine.
423
Estimate: 40.000 EuroVienna.
Salvator medal in the weight of 24 Ducats,
n. d. (after 1843), by K. Lange.
NGC PF 61.
Extremely rare.
Proof.
431


Archive: People and Markets

Decline in Print Business: MDM Announces Job Cuts

According to a report in the Braunschweiger Zeitung, a German local newspaper, MDM Münzhandelsgesellschaft, a subsidiary of the Borek Group in Brunswick, is about to reduce its workforce. The decision to take this step is based on substantial drops in revenues, which were primarily caused by a shift in customer interest towards online trading and a reduction in the relevance of the print business after the Covid time.

Bad news from Brunswick: MDM is apparently preparing to reduce its workforce. Collage: Canva / Wieschowski.

MDM is apparently preparing to reduce its workforce. Collage: Canva.

A company spokeswoman told the local newspaper that the job cuts were necessary to ensure the sustainability of the MDM Group. Exact figures on the number of redundancies were not published. The company currently has 600 employees.

In its article, the Braunschweiger Zeitung gives a voice to an employee who wishes to remain anonymous and refers to an investment of 27 million euros in a new office building. The employee speaks of problematic changes such as short-term dismissals of company agreements and salary cuts as well as warnings for trivialities. There is a great deal of uncertainty among the employees, who are demanding more clarity about the future of the company.

According to the report, the company is in negotiations with the works council in order to make the job cuts as socially acceptable as possible. A social plan is currently being drawn up to regulate how economic disadvantages for the affected employees can be mitigated. According to the Braunschweiger Zeitung, MDM is also planning to prevent a further downturn by reorganising sales and developing new products.

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