A unique new half-kilogram platinum medal is being minted in the Czech Republic, the Prague Monitor reports today (5th November).

The design, which is 7mm thick and 85mm in diameter, features motifs of St Vitus' Cathedral in Prague and is being made solely from the precious metal.

Libor Krapka, Commercial Director of the country's mint, explained that the medal is attracting interest from investors both at home and in Austria and Germany.

"To mint the medal, the full capacity of a 650-tonne hydraulic press is required," he told the news provider.

"This [latest] mintage is unique mainly for the metal used. Platinum is much harder and it is more difficult to work."

Mr Krapka also confirmed that next year, the mint intends to issue a similar medal featuring the Late Gothic Cathedral of St Barbara, which is located in Kutna Hora.

Furthermore, entire collections of platinum medals depicting famous Czech architecture are to be created in the future, similar to the mint's 1kg gold investment offerings.

Last month, the Czech Mint issued silver and gold medals displaying an effigy of Emperor Rudolph II, which was designed by Italian painter Giuseppe Arcimboldo.

Source:

Czech mint issues world-unique half-kilogram platinum medal (05/11/09)

© Adfero Ltd