Numismatics

Augustusburg and Falkenlust Castles: New 100-euro commemorative coins in gold come in 2018

The popular gold coins series of the Federal Republic of Germany will continue in 2018. The Federal Ministry of Finance now announced that the theme for the new 100-euro gold coin with the year 2018 is fixed. On the gold coin the castles Augustusburg and Falkenlust in Brühl will be displayed. As of October 2018, the coin will be sold.

The series of 100 euro gold coins of the Federal Republic of Germany in honor of UNESCO World Heritage Sites (since 2006 only shortened “World Heritage”) is very popular with collectors and investors. The series was established in the year with the gold coin in honor of Quedlinburg, Bamberg followed in 2003. After a break because of the soccer world championship gold coin, the series continued with Weimar (2006), Lübeck and the old town of Goslar with the Rammelsberg Mine (2008) . this year, the new coinage in honor of the Luther memorials Eisleben and Wittenberg will be published on 2 October 2017. Responsible  is the Federal Office for central services and Unresolved Property issues (BADV), distribution is handled by the sales agency for collector coins of the Federal Republic of Germanyin Weiden.

According to the Federal Ministry of Finance, the Augustusburg and Falkenlust castles were  already incorporated in the list of World Heritage Sites by UNESCO in 1984 “as an outstanding example of palace architecture of the 18th century”(full press release here). These are early examples of the Rococo style in Germany, the castles had served as a model for numerous German princely courts over half a century.

Since their introduction the gold coins from Germany have also been regarded as an alternative to traditional bullion coins  by precious metal investors. However, the minting premium in was raised from 25 to 50 euros per coin in 2012 so that the new editions are somewhat stronger traded above pure gold. Unchanged  since 2003have been the fineness of 999.9 parts and the gold weight of 15.5 grams. The German gold coins are produced equally by the five German mints. The material comes from the holdings of the Deutsche Bundesbank.

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Sebastian Wieschowski

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