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<p>[QUOTE="jaceravone, post: 396627, member: 9474"]Bruce, I remember reading an arcticle about this in Coin World. So I did a search and this is what I found. In the June 23rd Issue, France is going to experiment over the next three years with eight denomenations of silver and gold in their circulating coinage. The article states that the face value of the coin would exceede the precious metal content. The three denominations proposed for circulation this year are the E5, E15 and E100 Euros. Based on the value of silver and gold at the time of the article, the E5 coin would contain .16 troy ounces of .500 silver or about $2.66 worth of silver. The E15 would contain .434 troy ounces of .900 silver or $7.22 worth of silver and the E100 coin 3.1 grams (0.99AGW) of .900 gold or $86.99 worth of gold. Next year they will come out with the E10, E25 and the E250 and in 2010 they will come out with an E50 and E500. The 2008 coins will be available to the public on Sept. 1. through the rest of the year. </p><p>The article has alot more info, but these were the basics of the article. That is going to very interesting how the public reacts to these coins.[/QUOTE]</p><p><br /></p>
[QUOTE="jaceravone, post: 396627, member: 9474"]Bruce, I remember reading an arcticle about this in Coin World. So I did a search and this is what I found. In the June 23rd Issue, France is going to experiment over the next three years with eight denomenations of silver and gold in their circulating coinage. The article states that the face value of the coin would exceede the precious metal content. The three denominations proposed for circulation this year are the E5, E15 and E100 Euros. Based on the value of silver and gold at the time of the article, the E5 coin would contain .16 troy ounces of .500 silver or about $2.66 worth of silver. The E15 would contain .434 troy ounces of .900 silver or $7.22 worth of silver and the E100 coin 3.1 grams (0.99AGW) of .900 gold or $86.99 worth of gold. Next year they will come out with the E10, E25 and the E250 and in 2010 they will come out with an E50 and E500. The 2008 coins will be available to the public on Sept. 1. through the rest of the year. The article has alot more info, but these were the basics of the article. That is going to very interesting how the public reacts to these coins.[/QUOTE]
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