Archive: People and Markets

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.

New CIT Issue: Reconstruction – Elephant

With the Reconstruction series, CIT presents a new type of coin design, showcasing once again the ingenious way in which B. H. Mayer’s Kunstprägeanstalt transforms the demanding designs of the Liechtenstein innovators into minted objects.

Those are the people honored by being portrayed on the new Japanese banknotes.

These Are Japan’s New Banknotes

In April 2023, the Bank of Japan has presented the first specimens of the new banknotes, which will enter circulation in 2024. The 1,000, 5,000, and 10,000 yen denominations will feature new motifs and new security features.

Coins and banknotes – a relic of the past? Photo: Wieschowski.

Social Organisations and Bundesbank Advocate for Cash

Coins and banknotes continue to hold significant importance in an increasingly digital world – a point that prominent societal figures have recently underscored in a new position paper. They highlight the social functions of cash and its vital role for disadvantaged groups.

Archive: Coins, Medals and more

Die Qual der Wahl: Welche Goldmünzen sind zu gut für die Schmelze? Foto: Wieschowski / „Iron melting furnace“ von „fotosuper“ von Getty Images via Canva Pro.

Gold at Record Highs: Melt Down or Preserve Historic Gold Coins?

Gold is now more expensive than ever. This trend has put many collectors and dealers in a moral dilemma: Which gold coins can be sold or melted down without hesitation, and where do the real treasures lie?

Record! South African Rarity Leaves All Previous Top Prices Far Behind

Recently, a South African coin was auctioned at Heritage for $1.8 million (excluding premium) – exceeding the previously highest known auction results for South African coins by a remarkable $1.5 million. What makes the “Single 9” such a rarity?
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