Archive: People and Markets

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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The high relief of the coin brings the motif particularly well.

Exclusive High Relief Coin by Swissmint

In cooperation with CIT Coin Invest, Swissmint offered a special coin with smartminting high relief for the Zurich International Coin Fair.

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The South African Mint: Africa’s Largest Mint

At the end of my trip to South Africa, I have the unique opportunity to visit the South African Mint. I’m taking you along on my visit, and that’s something very special: normally, taking photos inside the South African Mint isn’t permitted!

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Retiring PNG Executive Director Robert Brueggeman got a kiss from long-time PNG member Kevin Lipton after Lipton announced Brueggeman is the 2023 PNG Lifetime Achievement Award winner. Photo credit: Donn Pearlman.

PNG 2023 Lifetime Achievement Award to Robert Brueggeman

Robert Brueggeman has been honored by the Professional Numismatists Guild with the 2023 Harvey G. Stack Lifetime Achievement Award. He was not the only numismatist to be honored with a PNG award.

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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.
Sotheby’s, The One (2nd February 2024), lot 8: The 2nd May 1840 Penny Black Cover. Estimate: $1,500,000 – $2,500,000.

The First Piece of Mail Sent Using a Stamp to Be Offered at Sotheby’s

A Penny Black affixed to a Mulready envelope is among the most valuable items in Philately ever offered at auction. The earliest posted envelope using a prepaid stamp, dating to 1840, will be sold at Sotheby’s with an estimate of $1.5–2.5 million.
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