{"id":31970,"date":"2022-05-20T21:00:00","date_gmt":"2022-05-20T19:00:00","guid":{"rendered":"https:\/\/www.11onze.cat\/?p=31970"},"modified":"2022-05-23T10:23:34","modified_gmt":"2022-05-23T08:23:34","slug":"new-15-cent-coin-costs-212-euros","status":"publish","type":"post","link":"https:\/\/www.11onze.cat\/en\/magazine\/new-15-cent-coin-costs-212-euros\/","title":{"rendered":"The new 15-cent coin that costs 212 euros"},"content":{"rendered":"
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Gold is in fashion. The upward trend in the precious metal has been spurred by the health crisis, runaway inflation, and global geopolitical conflicts. Even so, it seems that central banks have seized the opportunity to release a whole series of special edition gold coins. Here is the latest coin to be released by the Bank of Spain.<\/b><\/h3>\n

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The coin collecting hobby, known as numismatics, is in luck. In December 2021<\/span> the first gold bullion<\/b>\u00a0coin<\/a><\/b> issued by the Royal Spanish Mint (<\/b>FNMT<\/b><\/a>)<\/b> was put into circulation. Although it has a face value of 1.5 euros, its real value is determined by the price of gold at the time of sale, plus a 10% production cost.<\/span><\/p>\n

The coin weighs one ounce of gold (31.10 grams) and is dedicated to the Iberian lynx, of which only 12,000 will be issued. It is intended for investors and collectors, so it is not legal tender.<\/span><\/p>\n\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n

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The new 1.5 EURO coin from the FNMT.<\/span><\/p>\n\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n

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This special edition coin is the first of a series of coins that the FNMT announced it would be introducing in the coming months, with the aim of minting more investment coins for numismatic enthusiasts.<\/span><\/p>\n

Thus, last month the FNMT revealed that during the second quarter of 2022 it will also be possible to buy <\/span>a new gold coin with a face value of 15 cents<\/b>.<\/span><\/p>\n\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n

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The new 15 cent coin from the FNMT.<\/span><\/p>\n\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n

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The Iberian lynx as the protagonist<\/b><\/h3>\n

The Iberian lynx has once again been chosen for the new gold coin, which has certain differences from the initial 1.5 euro coin. In this case, it will have a grooved edge instead of a smooth one and is <\/span>made up of one-tenth of an ounce of gold, i.e. weighing 3.1 gram<\/b>s. This means that it is <\/span>a much more affordable coin.<\/b><\/p>\n

As for its price, it is still unknown. The FNMT website states that it will be determined at the time of the transaction by the price of physical gold transactions at that time plus a margin of 22% (as opposed to 10% in the previous case).<\/span><\/p>\n

Therefore, although the retail price of the coin will be established at the time of the transaction, if we take into account the <\/span>current<\/span><\/a> price of gold and add 22%, <\/span>the price of the coin would be around 212 euros<\/b>. This is much less than the almost 2,000 euros we would pay for a 1.5 euro coin.<\/span><\/p>\n

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If you want to discover the best option to protect your savings, enter <\/b>Preciosos 11Onze<\/b><\/a>. We will help you buy at the best price the safe-haven asset par excellence: physical gold.<\/b><\/p>\n\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n

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