The Malta Business Weekly

Melita bullion coin 2023

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The 2023 version of the Melita bullion coins, first issued in 2018, was launched on 18 October. These coins are the result of a collaborat­ion project between the Central Bank of Malta and Lombard Bank Malta plc.

The coins, which are legal tender in Malta, were issued in four different weights and denominati­ons. The €100 coin weighs one troy ounce (31.10g), the €50 coin weighs one half-ounce coin (15.55g) the €25 coin weighs one quarter-ounce (7.77g) and the €10 coin weighs one10th ounce (3.1g). They are struck in 999.9 fine gold (24 carat) by MKS PAMP S.A. Mint in Switzerlan­d and rank among the purest official bullion coins available worldwide.

On the obverse the coins carry the coat-of-arms of the Republic of Malta, while on the reverse they feature Melita – an allegorica­l representa­tion of Malta. The figure of Melita represente­d on the coins is inspired by that created by Edward Caruana Dingli for a set of postage stamps issued shortly after Malta attained self-government in 1921.

The coins are certified and housed individual­ly in a sealed card. Each coin has a unique profile that can be verified using PAMP’s innovative Veriscan bullion security system.

Coins may be purchased from the

Malta Coin Centre (MCC) counter or e-shop on www.maltacoinc­entre.com as well as Lombard Bank’s branch and www.maltacoins.com. Since the coins are classed as investment gold, their price will be based on the internatio­nal price of gold. Thus prices will be quoted at the point of sale. These coins are exempt from VAT.

For further informatio­n the public is kindly requested to contact the MCC via email on mcc@centralban­kmalta.org or by calling on (+356) 2550 6006/7/8 or Lombard Bank on 2558 1163; email: info@maltacoins.com

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