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While there may be many prominent European countries which produce quality gold, there are also some more obscure European countries and territories which produces outstanding quality gold.
Gibraltarian Gold Coins
Gibraltar is an overseas British territory that is just south of Spain, on the narrow strait between Spain and Morocco. Most Gibraltar gold coins are minted by the Pobjoy Mint, a United Kingdom based mint that produces coins for U.K. territories.
The Pobjoy Mint strikes both circulating and commemorative coins for Gibraltar. The coins feature a portrait of Queen Elizabeth II on the reverse. The obverse also includes her name “Elizabeth II,” etched into the left side of the coin and “Gibraltar” plus the year etched into the right side of the coin.
Popular Gold Coins of Gibraltar
Popular Gibraltar coins include: the gold dogs series, the gold angels, and the 160th Anniversary of the Uniform Penny Post coins. The gold dog series ran from 1991 until 1997, with each year depicting a different dog on the reverse. The dog series was replaced by the angels in 1998. The gold angel series spanned from 1998 to 2003 and each year had a different design of cherubs on the obverse. The 160th Anniversary of the Uniform Penny Post coins feature a depiction of the two pence stamp.
Danish Gold Coins
The Danish Royal Mint became an independent establishment in 1739. Over the past 150 years, the mint has been in several locations in Denmark. However, today, the Royal Danish Mint is in collaboration with the Danish National Bank.
Like other European countries, Denmark was once on the gold standard. Gold coins issued during the Danish gold standard include the Denmark 10 Kroner Gold Coin and the Denmark 20 Kroner Gold coin. The 10 kroner Gold Coin contains .1296 troy ounces of gold. The 20 kroner Gold Coin contains .2593 troy ounces of gold. Both the 10 kroner and 20 kroner gold coin are .900 fine.
Hungarian Gold Coins
The Republic of Hungary has had a raucous past, most recently starting with World War II, and its coinage history reflects it.
After the end of World War II, the Hungarian government worried that much of its coins would be hoarded or their value untrusted. The government believed this would happen because of the rocky economic situation of European countries just after World War II. Many feared that the economy would fall and the money that was issued would be severely devalued. In order to stay on the safe side, the government issued valued silver coinage instead of gold coins. The fear of hoarding coins remained, so in subsequent years, the weight of pure silver in the coinage was reduced slightly.
Pre-World War II Hungarian Gold Coins
However, pre-twentieth-century Hungary was more prone to producing gold coins. Before World War II, Hungary was a part of the Austro-Hungarian empire. The coins minted for Austria-Hungary were minted in Vienna and are quality gold and silver coins, composed of .900 fine gold and silver.
The most common Hungarian gold coin is the Gold Korona which was minted from 1892 to 1916. The Gold Korona is .900 fine, and was minted in a variety of increments including 10, 20, and 100 Korona denominations. The Hungarian 20 Korona gold coin is the most prevalent and contains 0.1960 troy ounces of gold.
From 1870 to 1892, Hungary issued a dual-denomination 20 Francs/8 Forints gold coin. The 20 Franc/8 Forint coin was also .900 fine and contained .1867 troy ounces of gold. The design featured Franz Joseph I on the obverse and a crowned shield dividing the denominations on the reverse.
German Gold Coins
One of the more popular gold German coins is the 20 Mark. The German 20 Mark gold coin was minted between 1875 and 1913, with a short stint of non-production between 1889 to 1893. The 20 mark depicted a helmeted coat of arms supported by two lions on its obverse. The reverse depicted a type II crowned imperial eagle between 1875 and 1889 while, between 1893 and 1913, it depicted a type III imperial eagle. The 20 mark coin is .900 fine and contains 0.2304 troy ounces of gold.
The 10 and 20 mark coins have undergone many transformations, but the more notable ones are the 1875-1913 coins as they are one of few to not depict a person’s visage on their obverse.
Russian Gold Coins
The history of Russia can be broadly separated into several distinct periods, each with its own currency standard. Different Russian gold coins were minted during Czarist Russia, the Socialist Federal Soviet Republic, the U.S.S.R, and the Commonwealth of Independent States (CIS). Perhaps the most prevalent Russian gold coins were those issued between 1977 and 1980 for the 22nd Olympic games, when Russia was still known as the Union of Soviet Socialist Republics. Gold coins from Czarist Russia are also popular with collectors and investors. These include the .900 fine 10 Roubles Gold Coin, which contains .2489 troy ounces of gold, and the .900 fine 5 Roubles Gold Coin, which contains .1245 troy ounces of gold.
Isle of Man Gold Coins
Isle of Man Gold Coins are minted by the Pobjoy Mint and include a dizzying array of designs and themes. Gold coins from the Pobjoy Mint are mostly 24 karats or .9999 pure and can be found in increments of 1 ounce, 1/2 ounce, 1/5 ounce, and 1/25 ounce. Some Pobjoy Mint gold coins are 22 karats. The Pobjoy Mint’s best known gold bullion coin is the Isle of Man Gold Bullion Angel Coin. The bullion Angel coin depicts a fearsome image of the archangel Michael slaying a dragon on the reverse.
The Pobjoy Mint has also minted a wide variety of gold coins for the Isle of Man that commemorate a historical event or focuses on a theme. For example the Pobjoy Mint has a series of gold coins with a different feline on the coins obverse for cat-loving gold investors. Commemorative gold coins from the Pobjoy Mint include Olympic themed gold coins.
From Belgian francs to Italian lire, Gainesville Coins carries some of the most stunning, rare and ancient European gold coins available. European gold coins are a great way to learn about world history and add some variety to a collection. These coins contain differing levels of gold content, depending on the country of origin and the denomination of the currency. Gainesville Coins carries a large inventory of gold coins from the Pobjoy Mint, including proof gold coins and gold coin sets.