Melita bullion coins explained

Denomination:Melita Gold
Country:Malta
Value:€10, €25, €50 and €100 (face value)
Mass Special:€10: 3.11g
€25: 7.77g
€50: 15.55g
€100: 31.1g
Diameter Special:€10: 16mm
€25: 22mm
€50: 27mm
€100: 34mm
Thickness Special:€10: 0.8mm
€25: 1.06mm
€50: 1.4mm
€100: 1.78mm
Edge:Milled/Reeded
Composition:99.9% Au
Years Of Minting:–present
Obverse:2018 €100 Melita bullion coin obverse.png
Obverse Design:Coat of arms of Malta
Obverse Design Date:2018
Reverse:2018 €100 Melita bullion coin reverse.png
Reverse Design:Melita
Reverse Design Date:2018
Denomination:Melita Silver
Country:Malta
Value:€10 (face value)
Mass Special:311g
Diameter Special:79.5mm
Thickness Special:6mm
Edge:Flat
Composition:99.9% Ag
Years Of Minting:–present
Obverse:2021 €10 Melita bullion coin obverse.png
Obverse Design:Coat of arms of Malta
Obverse Design Date:2021
Reverse:2021 €10 Melita bullion coin reverse.png
Reverse Design:Melita
Reverse Design Date:2021

The Melita bullion coins are a series of silver and gold bullion coins issued by the Central Bank of Malta in collaboration with Lombard Bank since 2018. They exist in four different euro denominations and are legal tender in Malta. The coins depict the national personification Melita, and their design is based on Edward Caruana Dingli's Melita issue postage and revenue stamps of 1922–26.

Design

On the reverse, the coins depict Melita, the national personification of Malta. The design is based on the Melita issue postage and revenue stamps of 1922–26, which were designed by the artist Edward Caruana Dingli.[1] The stamps had been designed to commemorate the Malta's new status as a self-governing colony following a new constitution in 1921, and Melita is depicted as a robed helmeted figure holding a rudder, representing Malta as being in control of her own destiny.

On the obverse, the coins depict the coat of arms of Malta.

Production and release

The Melita Gold bullion coins exist in the denominations of €10, €25, €50 and €100, and they are legal tender in Malta. Each denomination has different dimensions and weight. The coins are issued by the Central Bank of Malta in collaboration with Lombard Bank, and they are minted by PAMP S.A. in Switzerland. Their composition makes them some of the purest gold bullion coins available in the world.

Three denominations (€25, €50 and €100) were first issued on 29 or 30 November 2018. They are intended both for investors and for coin collectors, and they are sold according to the international gold price.[2] They are issued in sealed cards, and each coin has a unique profile which allows it to be authenticated using PAMP S.A.'s security system. The initial issue of 2018 was limited, and later coins were minted according to demand, so the number struck each year varies.[3] A fourth denomination (€10) was added in 2021.

Melita Silver coins were introduced in November 2021, also with a denomination of €10.

Gold mintage figures

Yearwidth=80px€10width=80px€25width=80px€50width=80px€100Notes and references
align=center 2018 Maximum mintage not disclosed.[4] Cased set of three coins limited to 100 sets.[5]
align=center 2019 [6]
align=center 2020 [7]
align=center 2021 [8]
align=center 2022 [9]
align=center 2023 [10]

Silver mintage figures

Yearwidth=80px€10Notes and references
align=center 2021 [11]

Notes and References

  1. Web site: Melita Issue of Malta Stamps: 1922–26. British Empire Philately. https://web.archive.org/web/20170316113650/http://www.bephila.com/articles/melita-issue-of-malta-stamps-1922-26. 16 March 2017.
  2. News: Dimech . Tony . Central Bank and Lombard Bank issue three gold coins . . 30 November 2018 . https://web.archive.org/web/20200225143435/https://www.tvm.com.mt/en/news/il-bank-centrali-ta-central-bank-and-lombard-bank-issue-three-gold-coins-bank-and-lombard-bank-issue-three-gold-coins-u-l-lombard-bank-johorgu-3-muniti-tad-deheb/ . 25 February 2020.
  3. Web site: Melita bullion coins 2018. Central Bank of Malta. https://web.archive.org/web/20190121120928/https://www.centralbankmalta.org/en/2018-melita-bullion-coins. 21 January 2019.
  4. News: Alexander . Michael . Malta: New gold bullion range of coins launched depicting figure of Melita . Coin Update . 30 November 2018 . https://web.archive.org/web/20200225142555/https://news.coinupdate.com/malta-new-gold-bullion-range-of-coins-launched-depicting-figure-of-melita/ . 25 February 2020.
  5. News: Melita Bullion Coins 2018 . . https://web.archive.org/web/20200225141923/https://www.lombardmalta.com/melita-bullion-coin-2018 . 25 February 2020.
  6. News: Melita Bullion Coin 2019 . . https://web.archive.org/web/20200225141536/https://www.lombardmalta.com/en/news-details/melita-bullion-coin-2019 . 25 February 2020.
  7. Web site: 2020 MALTA numismatic program . Numismag . 9 October 2020 . https://web.archive.org/web/20201031121725/https://numismag.com/en/2020/10/09/2020-malta-numismatic-program/ . 31 October 2020.
  8. Web site: Melita 2021 Gold Bullion Coin – Set of 4 . MaltaCoins . https://web.archive.org/web/20211107114528/https://maltacoins.com/collections/bullion-coins/products/melita-2021-gold-bullion-coin-set-of-4 . 7 November 2021.
  9. Web site: Melita 2022 Gold Bullion Coin – Set of 4 . MaltaCoins . https://web.archive.org/web/20220802231550/https://maltacoins.com/collections/bullion-coins/products/melita-2022-gold-bullion-coin-set-of-4 . 2 August 2022.
  10. Web site: Melita 2023 Gold Bullion Coin – Set of 4 . MaltaCoins . https://web.archive.org/web/20231102174627/https://maltacoins.com/collections/gold-bullion-2023/products/copy-of-melita-2023-gold-bullion-coin-set-of-4 . 2 November 2023.
  11. Web site: Melita 2021 Silver Bullion Coin 10oz . Malta Coin Centre . https://web.archive.org/web/20211126190158/https://www.maltacoincentre.com/collections/latest-products/products/melita-2021-silver-bullion-coin-10oz . 26 November 2021.