History, Properties, and Investment Outlook
In the early days of French coinage, gold coins were not used as frequently as silver coins. This was because France was a major European power and had access to a large supply of silver. However, in the late 1700s and 1800s, France went through a period of political turmoil that led to a shortage of silver coins. As a result, gold coins began to be minted more frequently. We will discuss the history and properties of French gold coins, as well as their investment potential.
The first thing to note about French gold coins is that they are all 22-karat gold, which means that they are made of 91.67% pure gold. This is a higher purity than most other gold coins, which are typically only 90% pure. The higher purity makes French gold coins more valuable and collectible. In addition, French gold coins tend to be larger than other gold coins, with a diameter of approximately 37mm.
Another important thing to know about French gold coins is that they have legal tender status in France. This means that you can use them to pay for goods and services in France. However, it is important to note that the value of the coin itself is not always equal to the face value of the coin. For example, a 20-franc coin has a face value of 20 euros, but it may be worth more or less depending on the current gold price.
French gold coins are an interesting option for investors and collectors alike. If you are thinking about investing in gold, French gold coins are definitely worth considering.