The UAE Gold Bullion Coins were launched by DMCC in April 2012 and celebrate the UAE's achievements as a major gold trading hub.
DUBAI(BullionStreet): Almost a year after it's launch, UAE Gold Bullion Coins will get it's first global distributor in Germany's Emporium Hamburg Coin Trading Company.
The Dubai Multi Commodities Centre (‘DMCC’), a Government of Dubai Authority, announces that Emporium Hamburg Coin Trading Company, part of the Emporium Group, is now the first global distributor of the UAE Gold Bullion Coins.
One of the world’s leading coin trading houses, the Emporium Group has supported coin collectors, dealers, banks and investors in developing and completing their coin collections, as well as in diversifying their investment portfolios, for over 40 years.
The UAE Gold Bullion Coins were launched by DMCC in April 2012 and celebrate the UAE’s achievements as a major gold trading hub. The coins were recently showcased by Emporium Hamburg Coin Trading Company at the World Money Fair in Berlin and will be on display at the upcoming annual Dubai Precious Metals Conference on 6-7 April 2013.
Gautam Sashittal, Chief Operating Officer, DMCC, said: “Emporium Hamburg Coin Trading Company has supported those involved in the coins value chain for over four decades and brings to the industry a wealth of knowledge and expertise. We are pleased to welcome them as the first global distributors of the UAE Gold Bullion Coins, for which DMCC has already received significant interest from international coin collectors and investors across the globe.”
The first edition of the UAE Gold Bullion Coins features a portrait of His Highness Sheikh Khalifa bin Zayed Al Nahyan, the UAE president, on one side and the Burj Khalifa, the world’s tallest tower on the reverse.
The second edition features a portrait of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai and a rendering of Palm Jumeirah, the world’s largest man-made island.
Symbols of modern-day architectural ingenuity, the coins appeal to coin collectors and investors alike. The coins are minted by the Swiss refinery, Argor-Heraeus, who are accredited by the DMCC’s Dubai Good Delivery (DGD) standard.
The DGD standard was launched by DMCC in 2005, and is regarded as the international benchmark quality and technical specifications standard for the production of gold and silver.
The UAE Gold Bullion Coins are available in four denominations weighing 1 oz, 12 oz, 14 oz and 1/10 oz. The 99.99 gold purity (24 karat) coins carry Argor-Heraeus’ stamp of quality and authenticity.