Central Banking

Hungary issues medieval gold florin coin series

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The National Bank of Hungary on May 15 announced the issuance of a gold collector coin called the ‘Gold Florin of Charles I'. The coin will have a face value of HUF10,000 ($43) and will be minted in both normal and piedfort versions. The piedfort coin is exactly four times the weight of the normal weight coin. The coin is the first of a medieval gold florin series.

The obverse of the coin features the standard design elements: the upper legend ‘MAGYARORSZÁG' (Hungary) on the rim, the value

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