20 Francs – A Fractional Gold Coin Ideal for Investing

The French 20 Franc Gold Coin played an extensive role throughout the world as a store of value and wealth.

The actual gold weight in each gold 20 francs coin is 5.80 grams, the equivalent to .1867 troy ounces.

From 1804 until 1914, millions of gold 20 Francs coins were minted and circulated throughout Europe, Africa and the Americas as part of merchant and commercial trade.

Zimbabwe to Launch Gold-Backed Digital Currency

central bank digital currency

Zimbabwe has had a long history of economic instability. From 2004 until 2009 the country experienced five years of hyperinflation.

More than ten years later, the economy is Zimbabwe is still in shambles. The Zimbabwe dollar was reintroduced in 2019. More periods of high inflation quickly followed.

Egypt Mints First Gold Ingot from Domestic Mines

The mines in Egypt’s Eastern Desert represent an incredible source of income for the country. Gold from the El Sukari mine is already being used to grow the Central Bank of Egypt’s reserves which have recently been reported to have increased to 125 tons of gold.