About the 20 Francs 150th Independence Day Gold Coin
By StoneX Bullion
20 Francs 150th Independence Day description
Luxembourg is a small country situate din the Western Europe between France, Belgium, and Germany and it is well known for its famous gardens but should also be famous for its 20 Francs 150th Independence Day gold coins minted in 1989. It was minted under the reign of the Grand Duke.
The 20 Francs 150th Independence Day gold coins commemorate the Treaty of London or the Convention of 1839 when the German speaking part of Luxembourg was recognized as being independent. In 1989, when this coin was issued by the Luxembourg government, there have passed 150 years since that treaty, where major European powers participated, was signed and therefore independence was accomplished by the small Grand Duchy of Luxembourg, by its full name.
The gold content form which a commemorative coin was minted in 1989 is equal to 6.22 grams or 1/5 troy ounces of gold as it is inscribed on the obverse of the 20 Francs 150th Independence Day gold coins. The fineness of these gold Luxembourg coins is 99.90 percent.
20 Francs 150th Independence Day Gold Coins Design
In an almost perfect circle on the obverse appears the inscription JEAN GRAND-DUC DE LUXEMBOURG whose portrait is depicted on this side of the 20 Francs 150th Independence Day gold coins. The portrait is facing left and under his neck is engraved in small letter the weight of 1/5 OZ and the 999 fineness.
The reverse of the 20 Francs 150th Independence Day gold coins presents the Luxembourg coat of arms which is mainly composes of a big crown and a standing lion. Here are also engraved the face value 20 F and the year 1839 in which independence was granted and the year of minting 1989.
20 Francs 150th Independence Day investment
The inhabitants of the Grand Duchy of Luxembourg regard this coin as a testimonial of how strong their little and beautiful country is and the struggle with which it had to put up with in order to win its independence. It something that will make any local people proud and that is one of the reasons for which the 20 Francs 150th Independence Day gold coins was such a great such.
Another factor that made all gold coins to be in high demand including the 20 Francs 150th Independence Day coins which was minted in 1989 is the ascension of the price for this precious metal. It started in 2007 with the global crisis when people began to distrust their currencies and they turned to gold as a way to keep part of their assets.
When demand increases for the 20 Francs 150th Independence Day gold coins, their premium increases and so the investor can make a profit from selling these coins. If at the same time the gold price increases the profit obtained will be even greater.
Gold coins like the 20 Francs 150th Independence Day coins are perfect for bulk investors or for collectors passionate by great historic moments, like the one commemorated through the issuing of this coin in 1989 by the Grand Duke, and can be found on our website.