Monnaie de Paris Goes for Gold

Monnaie de Paris (MdP) has announced that its Board of Directors has unanimously approved the launch of a new bullion project, with the metal-investment offer providing both French and international collectors with the ability to acquire coins sold for their weight in fine gold. 

Scheduled to launch next year, MdP states that the strategic project marks a major step in the organisation’s transformation, which continues to diversify as orders from the French state for traditional circulating euro coins trend downwards. Previous diversification has resulted in increased exports (now comprising two-thirds of production volumes), in addition to growth in sales of collector’s coins (up 87% since 2017). In its announcement on the matter, MdP said that the mint is ‘opening up a new market to conquer’ with the new bullion project, in line with its Ambition 2027 strategic plan.