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Posted on 05/26/2026 5:56:53 PM PDT by delta7
The Paris Mint said that it would soon start selling solid-gold coins for investment, the first since it quit making Napoleons and Louis a century ago.
Four versions of the new Marianne coins will go on sale 16 June, ranging from one-tenth of an ounce (3.1 grams) to a full ounce (31.1 grams).
One side will feature the symbolic Marianne face representing the French republic, while the other will show a map of the nation's territories, the Mint said.
They will compete on the global market with South African Krugerrands, Canadian Maple Leafs or American Gold Eagles.
The goal is to "democratise the gold market in France", the Mint's chief Marc Schwartz told journalists ahead of the launch, citing "investor demand" as prices have soared in recent years.
Most investors wanting to buy gold, considered a safe haven compared to other investments, usually opt for market-traded funds that track the metal's price, or buy shares in gold mining firms.
Gold and silver coins currently issued by the Mint are commemorative or collector items made of alloys with lower percentages of the precious metals.
But the new coins will be sold at market prices - currently around $4,600 an ounce after surging more than 65% last year.
For investors who want to avoid the cost of storing and protecting gold in their homes, the Mint will offer a digital "e-Marianne" coin that it will hold until the day the owner wants to sell.
The Paris Mint, headquartered on the Right Bank of the Seine since 1775, did not say how many coins it expected to sell.
Its revenues rose 1.7% last year to reach €197 million.
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Nothing said about purity, 24 Kt.? .9999 fine like the Maples?
“One side will feature the symbolic Marianne face representing the French Republic, while the other will show a map of the nation’s territories, the Monnaie de Paris said. They will compete on the global market with South African Krugerrands, Canadian Maple Leafs or American Gold Eagles...”
No, it’s ugly. Leave it to the French to waste 31.1 grams of pure Gold.
You can by an e-Marianne coin where they store it for you. Much safer than your mother’s basement.
“Au so chic” — chuckle! Must be a FReeper!
They aren’t an investment, but they are a right proper hedge against paper currencies. Silver would be more affordable or attainable for the poor folk.
Sounds Empireshist..
I have wanted one of these, but at least I have a really old rooster somewhere I think
Did I tell you about my ‘Silver’ find at a Thrift Store this past Christmas-time?
They had a box of random Christmas ornaments, and since I like SPARKLY things, I started digging.
In the box was a ‘Baby’s First Christmas’ silver coin, in case, .999 silver, on a cord like it could be an ornament for your tree. It was marked $1.99.
I picked it up, shut my mouth and took it to the register to pay...immediately.
$1.99 is $77.15 as of today.
And, yes. I’m not a total jerk. I donate to the Food Pantry/Thrift store all the time. ;)
In other words, a digital iou.
We did lose over $1 million dollars in gold Krugerrands.
It happens
What’s with all of the plastic?
The real big news is that France still owns territories.
I thought they had long ago surrendered any ownership they used to have in foreign lands. The French formally left Viet Nam shortly after a decisive military defeat at the Battle of Dien Bien Phu in 1954.
it’s ugly. Leave it to the French to waste 31.1 grams of pure Gold.
At least she's not wearing a burqa. Yet.
From the article:
“the Mint will offer a digital “e-Marianne” coin that it will hold until the day the owner wants to sell.”
~~~~~~~
Somehow that does NOT seem to be something equal in either “purity”, OR value, to holding the physical coin for the “owner” until the “owner” wants to sell...
How “pure” is French digital gold?
“In other words, a digital iou.”
No. You can sell it at any time.
Sounds like a Plan...
Thank you. I think they got the guy who designed the Obama Center to try his hand at designing coinage. Why they thought that hideous image was a good idea, I’ll never know
,,, brutalism comes to coinage. The French usually apply a lot of pzazzz to anything they turn out but not this time. Maybe it's a quick to market effort.
Catherine Deneuve.
Looks like Soviet style art.
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