What are the coins of the Paris Mint ? worth?
PIECES INTENDED FOR TRAFFIC
As early as 2004, Europe authorized member states to create so-called circulating commemorative coins. Thus, each year, the various currency-creating infrastructures produce 2 euro coins that are unique and representative of the country's history. The obverse of the coins then changes to reveal the new motif. This is how we find the Paris Olympic Games, Asterix or French natural heritage.
Until 2012, European Union countries could only circulate one coin per year. Member States now have the option of issuing up to two 2 euro coins.
The market for this type of piece is uneven. The number of copies must be taken into account. The more the piece has been produced, the more its value decreases. This is the case with the 2020 Charles de Gaulle coin. Conversely, the Monaco coin dedicated to Grace Kelly only had 20,001 copies and can sell for more than 1,500 euros each.
ARE PARIS COINS INCREASING IN VALUE ?
La Monnaie de Paris uses various metals (copper, nickel, gold and silver) to design its coins. The value of the coins often corresponds to the face value because the metal used, which is non-precious, does not confer any intrinsic value to the product. These coins do not gain any value over time.
The gold and silver coins manufactured by the Paris Mint are, for their part, melted with precious metals. This characteristic gives the coin a fluctuating value. The intrinsic value corresponds to the price of gold or silver, compared to the weight contained in the product. This price changes daily and may increase or decrease depending on international geopolitical events. It should be noted that gold remains a safe haven and stable over time. The risk of capital loss is low. In this case, the face value is no longer in line with the intrinsic value. The price of these parts on the markets fluctuates according to:
- The day-to-day quotation of gold or silver;
- Supply and demand for coins from the Paris Mint.
HOW TO STORE COINS FROM THE PARIS MINT ?
The coins of the Mint of Paris, like any collector's item, require optimal storage conditions:
- A closed place, protected from light: drawers and dedicated furniture are perfect for conservation;
- For better security, opt for a safe at home or in a specialized establishment;
- You must place the pieces flat without them touching each other;
- Avoid handling: finger sweat, objects or falls alter the appearance of collector's items.
Otherwise, you can choose storage folders. They have small notches to slide the pieces into. They are protected and easily accessible. This is ideal for viewing them without causing them any damage.
WHERE TO RESELL COINS FROM THE PARIS MINT ?
The collectible coins of the Monnaie de Paris are sought after by international collectors. You can therefore sell them through:
- Specialized sites: photographs and condition of the part are mandatory;
- Numismatists: some coins are minted in very few copies: the Hercules worth 5,000 euros in gold for example;
- Auctions;
- Businesses specializing in the repurchase of gold coins: these structures repurchase your coin according to the gold price and not according to the face value.
Like any investment, the purchase of a collector’s item appreciates over time. It’s also an opportunity to treat yourself and acquire a commemorative coin, a souvenir of French history. You can look at all the coins minted by the Paris Mint in the dedicated catalogs, including the Euro Leuchtturm.
Gold Union agencies welcome you all year round to estimate the coins and bars you wish to sell. You can also contact our advisors via our e-commerce site. Buying and selling gold and silver products can be done remotely. Gold Union guarantees all shipments. So, trust Gold Union and resell your items at the best price!