Archive: People and Markets

Gold bars at the supermarket? A growing success in the U.S. for over a year. Photo credit: Global_Intergold (foreground) via pixabay, Leung Cho Pan (background) via Canva Pro.

A Year of Gold Bars in US Supermarkets: Could the Costco Model Work in Europe?

Since autumn 2023, Americans have been able to invest in gold at the wholesale chain “Costco.” Those who bought then have enjoyed a handsome return – but whether gold will ever be sold at Aldi or Lidl in Europe remains uncertain.

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Der Palazzo del Collegio Romano in Rom ist der Dienstsitz des Italienischen Kulturministeriums. Dessen Rechtsabteilung hat jetzt eine Stellungnahme abgegeben zur Frage, unter welchen Auflagen Münzen nach Italien eingeführt werden dürfen. Foto: Lalupa / CC BY-SA 3.0)

Legal Statement Issued on Italy’s Import Requirements for Coins

Italy requires such extensive documentation for the import of coins that many dealers prefer to avoid the country. But now, the Ministry of Culture in Rome has issued a legal statement that deserves some attention.

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United States Department of State, Washington. Image: AgnosticPreachersKid via Wikimedia Commons / CC BY-SA 3.0.

Your Tax Dollars at Work

Is the State Department funding a crusade against private ownership of cultural goods in the U.S.? Peter Tompa explains how taxpayer money was used to justify cultural property Memorandums of Understanding (MOUs) or “emergency import restrictions.”

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CIT’s Historical Monuments – Taj Mahal

The Taj Mahal is considered the most beautiful testimony to Islamic architecture in India and a symbol of love in stone. CIT chose this wonderful building as the subject of the 2025 issue in the Historical Monuments series.

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Archive: Coins, Medals and more

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.
Gaius Iulius Vindex. Denar, zwischen März und Mai 68, Vienne(?). Äußerst selten. Vorzüglich. Taxe: 1.500 Euro. Aus Auktion Heidelberger Münzhandlung 89 (12. November 2024), Nr. 113. Hintergrund: Büste Neros, im Kapitolnischen Museum in Rom (cjh1452000 - CC BY-SA 3.0) und Büste Galbas im Stockholmer Schloss (Wolfgang Sauber / CC BY-SA 3.0).

The Roman Civil War of 68/9: The Prelude to the Year of the Four Emperors

Heidelberger Münzhandlung will offer a series of coins of impeccable quality struck during the Roman Civil War at its auction on 12 and 13 November 2024. We take advantage of this opportunity to examine the historical background of these issues, going back to a time when counter-emperors did not (yet) dare to put their portrait on coins.
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