Estimate: 20.000 EuroBrandenburg.
Friedrich Wilhelm, the Great Elector.
Ducat 1686 LCS, Berlin.
Extremely rare.
Attractive piece.
36
Estimate: 50.000 EuroBavaria.
Maximilian II.
Ducat 1855.
Only a few pieces are known.
Extremely fine-uncirculated.
105
Estimate: 125.000 EuroBrunswick-Bevern.
Ferdinand Albrecht I.
Löser in the weight of 4 Reichstalers 1670, Clausthal.
Extremely rare.
Attractive piece.
135
Estimate: 100.000 EuroLippe.
Friedrich Adolf.
5 Ducats 1711, Detmold.
Only known piece.
Extremely fine-uncirculated.
184
Estimate: 50.000 EuroCity of Nuremberg.
10 Ducats 1630.
Extremely rare.
Extremely fine.
198
Estimate: 40.000 EuroCity of Regensburg.
6 Ducats, n. d. (1765-1790), with the title of Joseph II.
NGC MS 62 PL.
Extremely rare.
Attractive piece from polished dies.
Almost uncirculaed.
251
Estimate: 125.000 EuroHolstein-Gottorp.
Johann Adolf, 1590-1616.
Portugalöser (10 ducats) n.d., Eutin.
Extremely rare and of particular
significance in monetary history.
Attractive piece.
295
Estimate: 200.000 EuroRDR.
Leopold I, 1657-1705.
20 Ducats, n. d. (after 1666), Hall,
by M. König.
Extremely rare.
Almost extremely fine.
376
Estimate: 125.000 EuroArchbishopric of Salzburg.
20 Ducats 1687.
NGC AU 58.
Extremely rare.
Extremely fine.
423
Estimate: 40.000 EuroVienna.
Salvator medal in the weight of 24 Ducats,
n. d. (after 1843), by K. Lange.
NGC PF 61.
Extremely rare.
Proof.
431
Archive: People and Markets

Croatia’s New “Lace-Making in Croatia” Gold Coins

On 17 October 2023, the Croatian National Bank issued three new collector coins in collaboration with the Croatian Mint. The three gold coins depict the same motif and come in three different denominations: €100, €25 and €10. They commemorate an Intangible Cultural Heritage of Croatia, lace-making in Pag, Lepoglava, and Hvar.

Content

Top-Notch: Croatian lace and the coin issued in its honour. Image: © Branimir Kralj / Croatian Mint.

Top-Notch: Croatian lace and the coin issued in its honour. Image: © Branimir Kralj / Croatian Mint.

Three Centres of Croatian Lace-Making

The tradition of Pag lace dates back to the 15th century when Benedictine nuns traded their products on the markets of Venice and Vienna. At the time, lace was an essential accessory for the clothes of Europe’s nobility. To give the women of the often impoverished fishermen from the island of Pag an opportunity to earn extra income, the nuns trained them in the art of making this lucrative garment embellishment.

The tradition was resumed in 1906, with the mayor of Pag founding a lace-making school. Around the same period, Lepoglava on the Croatian mainland established itself as a centre for lace manufacture. Whereas Pag lace is still created using needles today, the women of Lepoglava utilise bobbins. The products from both communities were showcased at various international expos and received numerous accolades, including the gold medal of the 1937 Paris exposition.

The third centre of Croatian lace-making is the Benedictine convent of Hvar. These nuns also use needles to produce lace. But instead of yarn, they use very fine threads taken from fresh agave leaves.

All three cities ensure that the art of lace-making is passed down from one generation to the next. In 2009, UNESCO recognised lace-making in Croatia as part of the Intangible Cultural Heritage of Humanity. And even today, tourists from all over the world like to take these delicate works of art home with them.

100-euro “Lace-making in Croatia” gold coin. Image: © Branimir Kralj / Croatian Mint.

100-euro “Lace-making in Croatia” gold coin. Image: © Branimir Kralj / Croatian Mint.

25-euro “Lace-making in Croatia” gold coin. Image: © Branimir Kralj / Croatian Mint.

25-euro “Lace-making in Croatia” gold coin. Image: © Branimir Kralj / Croatian Mint.

10-euro “Lace-making in Croatia” gold coin. Image: © Branimir Kralj / Croatian Mint.

10-euro “Lace-making in Croatia” gold coin. Image: © Branimir Kralj / Croatian Mint.

The Design

All three commemorative coins feature the same design. The obverse shows a small piece of lace that combines and fuses the traditional patterns of the three lace-making centres. The circumscription reads čIPKARSTVO O HRVATSKOJ (= Lace from Croatia).

The reverse depicts curved lace and an inscription with the name of the issuing country, the Republic of Croatia, the denomination and the year of issue, 2023.

The design was created by Stjepan Divković.

The commemorative coin in its case. Image: © Branimir Kralj / Croatian Mint.

The commemorative coin in its case. Image: © Branimir Kralj / Croatian Mint.

100 euros 2023 Lace-making in Croatia 31.103 g – 1 ounce 32 mm Gold .9999 BU 1000
25 euros 2023 Lace-making in Croatia 7.78 g – 1/4 ounce 22 mm Gold .9999 BU 1000
10 euros 2023 Lace-making in Croatia 1.94 g – 1/16 ounce 15 mm Gold .9999 BU 3000

Issue Date and Price

As of 17 October 2023, 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.

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