France to Relaunch Historic Gold Coin 'Bullion' Amid Record Gold Prices
The Monnaie de Paris plans to relaunch the historic French gold coin 'Bullion' in 2026, a move driven by the surge in gold prices, which recently surpassed $5,100 per ounce, a record high. Originally created during Louis XIII's reign, the Bullion coin is being revived as a modern investment tool for both French and international investors. The new offering will feature four denominations—one ounce, half-ounce, quarter-ounce, and tenth-ounce—and will be available in both physical and digital formats, with prices indexed to the gold market. The initiative aims to diversify the Monnaie de Paris's activities, which have seen a decline in state orders, representing only 23% of its revenue. The relaunch is timely, as gold's value has soared due to global uncertainties, including geopolitical tensions and economic instability, making it a safe haven asset. The coin will have legal tender status and is designed primarily for investors seeking secure, high-performance assets. The project also reflects a revival of a French invention, emphasizing France's role in the global gold investment market, already established by institutions like the US Mint and the Royal Mint. The relaunch is expected to boost the Monnaie de Paris's production activity, with the design and exact launch date still under wraps, but planned for 2026.
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