6 Gold Coins of the Latin Monetary Union (LMU) in plastic case

For sale is a set of 6 uncirculated Gold Coins in a Plastic holder Titled "Gold Coins of the Latin Monetary Union". Austria 1892 8 Florin / 20 Francs. Coin Specifics: Each coin followed the LMU Gold standard as described below.

AGW: 0.1867 oz Finesse: 0.9000. The Latin Monetary Union (LMU) was established in a treaty between France, Belgium, Switzerland and Italy (including the Papal States) in 1865.

The aim of the Latin Monetary Union was to enhance trade between the various countries by standardizing the weight and dimensions of their coinage. It came into effect on August 1st, 1866, and ended 61 years later in 1927. Following the Napoleonic conquests, the gold 20 French Franc coin - first minted in 1803 - had been accepted in many European nations. It was therefore adopted by member states as the benchmark for all their minted coins. The standard gold coin was set at 2.90322 grams of fine gold.

Like British pounds, it was divisible into twenty single units. Larger gold coins were generally 6.451 grams, with 5.806 grams of pure gold, at a purity of 900 fineness (90%). A number of countries minted coins according to the LMU standard even though they did not formally join the LMU. They are all well preserved and kept protected in their plastic holder. Please evaluate the grade of those coins for yourself since we do not guarantee any grade.

We will respond within 24 hrs.

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