I bought several weeks ago a coin and got it yesterday . 1.60 ounces at 0.920 purity and 1500 pieces
It is the FIRST ECU ever made 1979 by monnaie de paris of course with certificate and all
I read up some on the ECU and found out I was not aware of the controversies
The ECU started in 1979 with the nine countries depicted on the coin . The ECU only existed in electronic payments between companies .
The french were the first to coin the thing and it seems afterwards every city in France got the right to coin its own ecus and to pay with it in shops .
This controversie whether the ECU was a coin or not lasted supposedly till Belgium coined the 1987 5 ECUS in silver and said expressly it was
a circulating coin . Now they could say that but first the coin costed 10 ecus to buy and virtually nobody would have recognized a silver 5 ecus if they saw one : that is if you were crazy enough to spend a 10 ecus coin as 5 ecus purchasing power .
After that it got more complicated because they switched the name to the Euro and several countries still made ECU coins up to three years after the Euro was instituted . Then came the silver and gold Euro coins . Coins nobody ever is going to spend .
This made me realise the last gold coin meant for spending was probably before 1914 and maybe a lot earlier since the French seemingly started to hoard gold coins from 1852 onwards .
The coin is a marvel since I got it several weeks ago at 90% of melt but that is another story .