Euros Hot at World Money Fair By Tom Michael
February 04, 2008
My past week has been spent at the World Money Fair
in Berlin, Germany. This is without much doubt the world's
largest show for Mints, Central Banks, coin equipment
manufactures and suppliers. In short, it's the single
best numismatic trade show on the globe.
With that in mind, let me say that my
concentration this week has been heavily skewed towards
modern issue coinage, the Berlin show's greatest strength.
With mint announcements about new issue programs and
all the choices available to the general collector,
interest still seems strongest in Euro coinage. When
dealers dropped prices for special offers, even if only
for a day or an hour, people swamped their booths with
money in hand, ready to buy.
Dealers who had only classic 19th Century material seemed
to have good activity on the first day of the show, presumably
from regular numismatic customers. General public sales gravitated
towards Euro coins, both circulation issues in special packaging
and proof collector coins in silver.
- The first European silver one ounce bullion coin, Austria's
silver 1.5 Euro, sold like wildfire on its first few days
of issue here at the World Money Fair in Berlin.