Archive: People and Markets

Will Germany Abolish the 1 and 2 Cent Coins?

We Germans still like to pay with cash, but like in many other countries, the 1 and 2 cent coins are unpopular. The important National Cash Forum has now spoken out in favor of their de facto abolition. Read here how cash transactions would change in practice.

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From August 2023, the Coin of the Year awards will be presented during the World’s Fair of Money in Pittsburgh.

COTY Awards Have an In-Person Ceremony Again

For many years the Coin of the Year Awards have been given in a ceremony during the World Money Fair in Berlin. In 2023, the program will conduct again an in-person awards ceremony after a three-year hiatus due to the pandemic – but in another place.

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Lars Emil Bruun (1852–1923): From the Local Inn to an International Enterprise

The auction of the exceptional Bruun collection, 100 years after the collector’s death, has attracted a great deal of attention. But who was Bruun as a person? What inspired him? On behalf of Stack’s, Ursula Kampmann went in search of Bruun’s personality and compiled a short biography.

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Fiasco – A Cautionary Tale of What’s to Come Once the New EU Import Regulation Comes Into Force

If you want to get an idea of how enforcement might work under the European Union’s new import licensing regulation after June 28, 2025, here is a cautionary tale, shared by Ivan Macquisten.

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Archive: Coins, Medals and more

The contents of a piggy bank from the Deutsche Mark era – a case for the Bundesbank exchange counter? Photo: Wieschowski.

Marks and Pfennigs in Your Inheritance: What Should Heirs Do with Old DM Coins?

When dealing with inheritances, it’s common for heirs to come across coins from the Deutsche Mark era –often, these Pfennigs and Marks can feel overwhelming. However, heading straight to the Bundesbank, where nearly all DM coins can be exchanged indefinitely, isn’t always the best option.

The Gnadenpfennig – An Object Between Decoration, Medal, and Coin

Gnadenpfennigs are an extremely rare category of numismatic objects. Künker is proud to offer nine lots in auction 418 on 29 January 2025 that are, or are likely to be, gnadenpfennigs. We explain the purpose of these issues and when they were created.
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