Details
Royal Spanish Mint launches new annual bullion one-ounce gold coins featuring elusive Iberian lynx. The Fabrica Nacional de Moneda y Timbre FNMT — Real Casa de la Moneda has announced (22nd October) the launch of the country’s first bullion-related legal tender coin, which will be produced annually from this year as one-ounce pieces and feature as its primary design on the reverse the Iberian lynx.
In joining other countries that are producing their own national bullion-related gold coins, the FNMT — Real Casa de la Moneda highlighted their long history in the minting of trade coins. Silver reals were produced as early as 1497 and in various colonies in the New World until Mexican independence in 1821 and at home until the coin was replaced with the five-peseta coin in 1868. Gold escudos were first minted in 1535 and during their time in circulation until 1833, they were regarded as a primary international currency.