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

New Issues From Croatia: Halubje Bell Ringers to Chase Away the Winter

They are an eerie people, the Halubajski zvončari – the Halubje bell ringers, who parade through the snow-covered landscape wearing animal masks, sheepskins and heavy bells. With lascivious movements of the pelvis, they ring the bell tied around their waist to scare away the evil spirits of winter and bring the fertility of spring to fields, pastures and herds. Similar customs exist in many of Europe’s inaccessible mountain regions. Be it Perchten, Tschäggättä or Clausen – they are all rooted in ancient rites that mark the transition from barren to fertile times. Magical rituals are performed to ensure that the snow will melt and make way for fresh green. But while these customs have degenerated into a mere tourist attraction in many countries, the Halubje bell ringers and the inhabitants of the villages they visit usually keep to themselves. UNESCO has recognised the Halubje bell ringers by declaring their living tradition an intangible cultural heritage.

Content

Impression of the Halubajski Zvončari gold coin.

Impression of the Halubajski Zvončari gold coin.

From the Feast of St. Anthony to Shrove Tuesday

The traditional performance of the zvončari begins on 17 January. On the evening of St. Anthony’s Day, they blow their horns to announce the start of the carnival. By Shrove Tuesday, they will have covered many dozens of kilometres on lonely paths with their bells, which weigh about six kilos, as they move from village to village. Wherever they go, the zvončari are treated to plenty of presnac (a cake baked during the carnival season), kobasica (a local sausage), and schnaps, of course. In return, they put on an impressive performance, ending with a big bell circle. During this spectacle, the zvončari come closer and closer as they ring their bells together. Their performances end on Shrove Tuesday with the traditional burning of the “Pust” in Viškovo. The Pust is a straw puppet dressed in jacket, hat and flowery necktie. As a kind of scapegoat, the Pust takes on all the evils of the past year when it goes up in flames. Once it is reduced to ashes, the new year can begin without the burdens of the old.

 1-oz Halubajski Zvončari gold coin with colour application and a face value of 100 euros.

1-oz Halubajski Zvončari gold coin with colour application and a face value of 100 euros.

 5-oz Halubajski Zvončari silver coin with colour application and a face value of 8 euros.

5-oz Halubajski Zvončari silver coin with colour application and a face value of 8 euros.

1-oz Halubajski Zvončari silver coin with face value of 4 euros.

1-oz Halubajski Zvončari silver coin with face value of 4 euros.

The Design

The design of the commemorative coins in honour of the zvončari was created by the internationally renowned designer Chiara Principe and was devised in cooperation with the Zvončari Association. The obverse depicts the zvončari procession from the perspective of one of its members. Through the mouth of the mask, we can see those walking in front in their traditional costumes, waving a knotted stick or another weapon in their left hand. The circumscription reads HALUBAJSKI ZVONČARI 2025. The reverse shows the bell circle of the zvončari gathered around their flag. The circumscription reads REPUBLIKA – HRVATSKA with the respective face value. The gold version and the 8-euro silver version depict the reverse design in colour.

100 euros

2025

Halubje Bell Ringer

31.103 g

– 1 ounce

32 mm

Gold .9999

BU

200

colour application

8 euros

2025

Halubje Bell Ringer

155.518 g – 5 ounces

60 mm

Silver .9999

BU

500

colour application

4 euros

2025

Halubje Bell Ringer

31.103 g

– 1 ounce

38.61 mm

Silver .9999

BU

2000

Issue Date and Price

As of 18 February 2025, the coins can be purchased directly from the shop of the Croatian Mint. Their price is adjusted on a daily basis, depending on the current gold price. Added to this is the VAT of the country the buyer has the coin shipped to.

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