Monnaie de Paris to issue circulating silver, gold coins

In the June 23rd Coin World that there was a blurb about the the Monnaie de Paris will be issuing circulating precious metal commemorative coins. There will be 5 and 15 Euro silver coins and a 100 Euro gold coin. They are going to be distributed in the fall via La Poste and be exchanged at face value though there are limits as to how many coins a customer may receive.

This is a really interesting idea and I will be intrigued to see how it turns out. The amount of precious metals in each coin will be less than its face value though I suspect with limits on the numbers a customer may receive and the lower total mintages, we’ll see these quickly gobbled up by collectors. This is even more likely since they are exempt from the VAT.

If you’re going to be in France this fall, I would recommend stopping by a post office to pick up a few of these!