France - 
Article published the Saturday 09 April 2011 - Latest update : Saturday 09 April 2011

France gets 1,000-euro gold coin

The new 1,000-euro coin will be made of 20 grams of pure gold.
Monnaie de Paris

By RFI

France will issue a new 1,000-euro gold coin this summer. Reservations for the limited-edition coin opened on Friday, with hundreds of collectors queuing outside the Mint in Paris.

Only 10,000 of the coins will be minted. The Mint is also making a 100-euro coin in silver, of which 50,000 will be issued.

The coins are the most valuable ever created by the French Mint.

Both feature the Greek hero Hercules, representing fraternity, and two female figures symbolising equality and liberty.

They can be reserved until 7 May and will be delivered in June. Online reservation was quickly booked up hours after it opened on Friday morning.

The coins will be legal tender, but are more likely to be kept as collection pieces. By Saturday morning, the 1,000-euro coin was already being resold online for 1,200 euros.

tags: Euro - Gold - Paris
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