154Prussia. Frederick William IV, 1840–1861.
Gold medal in the weight of 50 ducats
commemorating the publication of the second volume
of Alexander von Humboldt’s *Kosmos*.
NGC MS 65 PL.
From the estate of Emperor William I.
Estimate: 40.000 Euro

166Prussia. Frederick William IV, 1840–1861.
Gold medal in the weight of 50 ducats commemorating
the unveiling of the equestrian statue of
Frederick the Great on Unter den Linden in Berlin in 1851.
NGC MS 63 PL.
From the estate of Emperor William I.
Estimate: 25.000 Euro

191Prussia. William I, 1861–1888.
General’s Medal in the weight of 120 ducats, 1871,
commemorating the victory over France.
A magnificent specimen.
From the estate of Emperor William I.
Estimate: 75.000 Euro

297Russia. Nicholas I, 1825–1855. Family ruble.
1 1/2 rubles (10 zlotys), 1835, St. Petersburg.
NGC MS 64 (Top Pop).
Only 36 examples struck.
A cabinet piece from polished dies.
From the estate of King Frederick William IV.
Estimate: 250.000 Euro

1098Holland. Province.
5 ducats, 1681.
Struck with the dies of a guilder.
NGC PF 64 Cameo.
Proof.
Estimate: 40.000 Euro

1192HRE. Ferdinand II, 1592–1618–1637.
5 ducats, 1634, Vienna.
Extremely rare.
Extremely fine-uncirculated.
Estimate: 10.000 Euro

1266HRE. Vienna.
Salvator Medal in the weight of 12 ducats,
n. d.(around 1840).
NGC PF 61 CAMEO.
Proof.
Estimate: 15.000 Euro

1334City of Regensburg.
5 ducats, n. d. (1708–1710),
with the title of Joseph I. NGC MS 64.
Extremely rare. According to mint records,
only 7 copies struck.
A magnificent piece.
Estimate: 25.000 Euro

1602German New Guinea.
10 New Guinea Marks, 1895 A.
NGC MS 65.
A magnificent piece.
Estimate: 50.000 Euro

2757Saxony.
John Frederick the Magnanimous and
Maurice, 1541–1547.
Trinity Medal, 1544.
A masterpiece of German medal art. Magnificent,
excellent craftsmanship.
Estimate: 75.000 Euro

Archive: People and Markets

Bulgaria Will Adopt the Euro in 2026

The euro area is expanding: On June 4, 2025, the European Central Bank confirmed that Bulgaria meets the requirements for joining the eurozone. This clears the way for the introduction of the euro on January 1, 2026 – provided that preparations can be completed in time.

PMG Now Grading Banknotes Year-round in Munich

The introduction of full-time PMG grading services in Munich, initially available for the Bulk and Modern tiers, marks a new expansion of the company’s services for the paper money collecting community in Europe.

PMG Grading On-site Service at the HKINF

NGC Hong Kong will accept PMG on-site grading submissions and will offer free paper money evaluations at the Hong Kong International Numismatic Fair (HKINF), on December 11-13, 2023.

Die Basilika von Aquileia gehört zum UNESCO Weltkulturerbe Foto: KW

Aquileia: A Centre of the Late Roman Empire

Under the Tetrarchs, Rome lost its position as the main residence of the emperor. Other sites with a more favourable strategic location took over this role. One of them was Aquileia. Those who visit the city today will find traces of Roman civilisation everywhere. Join Ursula Kampmann on her numismatic discovery tour!

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?

Silver for Württemberg

In the early modern period, much of the Black Forest, an idyllic mountain range in southwestern Germany, was a booming industrial center. A major part of the silver used to mint Württemberg coins came from this region. The Heinz-Falk Gaiser Collection, on offer at Künker on 23 September 2024, includes many coins made from Black Forest silver.
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