The Czech Republic is having a great event at the moment. Coins that have great potential to increase in value are entering circulation. This is always a buying opportunity for small savers looking to sell these pieces at a significant level in a few years.
A very attractive coin
The Czech National Bank has issued a new commercial coin in the form of a Czech ducat with the motif of St. Wenceslas. “The coin is struck from an alloy containing 9861/9 golden parts and 138/9 copper parts and is supplied in a standard version. The edge of the coin is distressed,” says the CNB alone website the fact that movements of 0.1 mm in diameter and 0.15 mm in thickness are allowed during immersion.
On the edge of the coin you will find the embossed Czech Republic text and on the other side of the coin is the Czech lion emblem. On the lower edge of the coin is the year in which it was struck, ie 2024. On the reverse, St. Wenceslas is depicted with a helmet, around the edge of which is the inscription “Saint Wenceslas, do not let us and those of the future die. “.
It continues a long tradition that was established in 1923 at the request of the Minister of Finance at the time Alois Rašín. He had a vision of producing a Czech gold coin. And that happened too. In this year, the ducat of St. Wenceslas sent out for the first time. Now this tradition is being renewed.
After more than 100 years, he returns
“Tomorrow I will present the new ducat of St. Wenceslas in Stará Boleslav, again after more than 100 years. The ducat will be part of the reserve and the public will also be able to buy it,” said the Governor of the Czech National Bank, Aleš Michl.
Great public interest is expected in this medal. The Czech Republic has a very strong field in collecting and also investing in gold. In the form of the ducat of St. Wenceslas, you can combine both well.
You are basically buying gold, but over time the coin will also have great collector value. After all, old St. ducats are in high demand among collectors. Wenceslas, and when they appear, they are immediately sought after.
Photo: Shutterstock
2024-09-27 12:03:02
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