Archive: People and Markets

Following the indictment of Richard Beale, Italo Vecchi has now also been charged by the Manhattan District Attorney in a case relating to the forged provenance of what used to be the world’s most expensive ancient coin, an EID MAR aureus.

Coin Dealer Italo Vecchi Charged with Grand Larceny

Coin dealer Italo Vecchi has been indicted in Manhattan for first-degree grand larceny as well as other felonies. The charges are related to the trial against Richard Beale and the forged provenance of what used to be the world’s most expensive ancient coin.

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Decline in demand: The high gold price means that only a few investors are buying physical gold coins. Collage: Canva.

Gold at Record High, Demand for Bullion Coins Collapses

While the gold price has reached new all-time highs several sessions in recent weeks and gained around 20 per cent in value in a short period of time in a steep upward trend, several mints are reporting a drastic decline in sales in the precious metal sector.

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Every Thursday, an automated entry in the Numista forum lists new CoinsWeekly articles.

CoinsWeekly and Numista

Would you like to discuss our latest articles with like-minded people? You can now easily do so in the Numista forum!

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New Swiss Silver Coin “Switzerland”

On 12 September 2024, the Federal Mint Swissmint will launch the 20-franc silver coin entitled “Switzerland” in honour of the country becoming a federal state in 1848. The limited-edition special coin will go on sale on Switzerland’s unofficial birthday.

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Archive: Coins, Medals and more

The Birth of the Krugerrand

The South African Krugerrand is the world’s oldest bullion coin. When it was first minted in 1967, the concept of producing a coin that matched the weight of an investment unit – one ounce – was both new and innovative. Learn more about the economic background and the meaning of its design here.
Euro coins from Croatia. Photo: Angela Graff

The First Error Coins from Croatia

Croatian euro coins are still quite new: the popular tourist destination introduced the currency as recently as in January 2023. By now, the first Croatian coins have long found their way into Central European wallets – and there are also some error coins among them!
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