Commemorative and bullion coins
The Czech Mint mints a number of its own commemorative products with a foreign license. They are not only a legal means of payment, but also a collector's item. They combine the advantages of coins – i.e. the nominal value and a zero-VAT tax regime (in the case of gold mintages) with the advantages of commemorative medals, which have a limited schedule of issuance and colorful, artistically processed motifs.
The coins can be dedicated to domestic or purely global topics. Although they reflect mainly the past, current motives also appear on them - for example, Czech athletes.
Foreign entities - specifically the Pacific island states of Niue and Samoa, but also Tuvalu and Fiji provide the Czech Mint with licenses for the issuance of commemorative coins. Therefore, as amended by act, the obverse sides of all mintages of this type must bear the relevant state requisites, which to some extent binds their form. In line with changing trends in minting and banking, other issuers may gradually increase in number in the area of commemorative coins of the Czech Mint.
Necessary elements of the issuer
The obverse sides of all coins of the Czech Mint must contain the year of the issue, the nominal value, the name of the issuing country and its national symbol. The coins of the island of Niue bear a portrait of the Queen of the Commonwealth, Elizabeth II. (the coin may alternatively bear the national emblem instead of the Queen), together with the nominal value expressed in New Zealand dollars (NZD - the island is loosely associated with New Zealand). Coins minted with the permission of the island of Samoa also bear the British Queen, which, however, is supplemented with the national emblem, and its currency is the Samoan Dollar (WST). The license of the state of Tuvalu requires representation of Queen Elizabeth II. and the nominal value in Tuvalu dollars (TVD). The license of the Fiji archipelago then requires the representation of the national emblem and nominal value in Fiji Dollars (FJD).
The nominal value embossed on the obverse side of the coin represents the amount that the coin holder will receive if he or she requests its exchange with the central bank, which guarantees the repurchase of the coins. This is not a selling price – the price of commemorative coins is higher due to the material used, artistic processing and limited schedule of issuance.
Commemorative coins of the Czech Mint are minted from precious metals of the maximum possible purity - from gold marked as "999.9 / 1000" (in the case of selected older date mintages and from ducat gold with lower purity "986/1000"), silver "999/1000 "and platinum" 999/1000 ". This information is always stated on the certificate of authenticity and it can be embossed directly on the coin in the form of a hallmark.
Most commemorative coins of the Czech Mint are marked with the term "proof". These are mintages made with the help of special polished dice, which have a mirror-shiny surface and a matte relief (this effect is usually shown as a dark reflection on the product photographs). Removal from the protective packaging will invalidate the proof quality of the coin - it will expose it to contact, dust and oxidation. Other mintages (especially of higher weights) are issued in the so-called "standard" quality. Their surface is completely matt, and therefore do not require increased care, but it is still not recommended to remove them from protective capsules.
When buying commemorative coins, the topic that interests the customer - collector or fan - usually decides. When creating the schedule of issuance, we consider lovers of history, historic events, great personalities, technology, warfare, architecture, sports, fairy tales, nature,… - in short, the most engaging stories from our homeland and the world.
Investing in commemorative coins of the Czech Mint is an interesting alternative for those who want to save their funds in precious metals, but also want to own something that has its artistic, collector's and emotional value, which will increase within the time and can many times exceed the value of the precious metal itself.
The possible increase in the value of the coin is mainly influenced by the quality of its processing and the strict limitation of the schedule of issuance. The fact that only a predetermined limited number of coins will be minted will mean that it may not reach all interested parties. The one who will miss the specimen in the collection will then be happy to buy it for an increased price.
The world's producers offer a number of coins intended exclusively for depositing funds in precious metals - the Austrian "Wiener Philharmoniker", the "American Eagle", the South African "Krugerrand", the Chinese "Panda", the "Australian Kangaroo" and the Canadian "Maple Leaf" are the most popular ones. The Czech Mint decided to expand this offer with another mintage.
The Czech Mint has been minting its own precious metal products called “investment coins“ with a foreign license since 2017. These mintages - the so-called "Czech Lions" - are an investment tool in the form of full-value currency. They are classified as coins, therefore, they offer investors an advantageous exemption from VAT in the case of gold mintages.
In 2020, the Czech Mint opened a branch store in Bratislava, and on that occasion it began minting bullion coins called "Orol". Parameters of this mintage mimic those of the "Czech Lions", but a different motif is used.
The issuer of the Czech Mint's investment coins is the island of Niue, which provides the Czech Mint with a license to mint its own currency. Therefore, their obverse sides must bear the legal attributes of this Pacific state, which is loosely affiliated with New Zealand.
Necessary elements of the issuer
The obverse sides of the Czech Mint's investment coins bear a portrait of the Queen of the Commonwealth, Elizabeth II. from the profile together with the name of the country, the year of issue and the nominal value in New Zealand dollars (NZD - the island is freely affiliated with New Zealand).
The nominal value is the amount that the coin holder receives when he or she requests an exchange at the central bank which guarantees the repurchase of the coins. This is not a selling price - it is much higher for investment coins due to the precious metal used, top processing and limited schedule of issuance.
The Czech Mint's investment coins are minted exclusively from pure precious metals - gold marked as "999.9 / 1000" and silver as "999/1000". The hallmarks together with the indication of its weight are embossed on the reverse side of each coin.
Investment coins of the Czech Mint are minted primarily in the so-called "standard" quality (common quality). Their entire surface is matte, therefore, they do not require increased care when handling, such as mintages in "proof" quality, which is characterized by a mirror gloss and it is designated more for commemorative coins.
"Czech Lion" and "Orol" investment coins are available in a number of different weights, which provides the client with a possibility to easily regulate how much money he or she invests in them. Unlike commemorative coins, investment coins are issued periodically so that they are always available to investors.
Since the patriotic artistic processing of the Czech Mint's investment coins is changed from time to time, they also impress collectors. They also attract collectors thanks to an interesting schedule of issuance - while foreign investment coins count millions pieces, the schedule of issuance of "Czech Lion" and "Orol" coins is calculated at thousands.
The Czech Mint was founded in 1993 and currently produces all the coins that the Czechs use on a daily basis. In addition to 1, 2, 5, 10, 20 and 50 CZK coins, there are also coins with nominal values of 200, 500, 5000 and 10000 CZK, which are minted from gold and silver - the Czech Mint is their exclusive producer and seller at the same time.
The Czech National Bank's commemorative coins represent an attractive combination of collecting and investing, artwork and precious metal. They are one of the attributes of the state, so they add a strong patriotic dimension to the collection.
Issuer and its necessary elements
The Czech National Bank, i.e. the Central Bank of the Czech Republic is the issuer of Czech commemorative coins. Necessary elements of these mintages include state symbols or the name of the country, the year of the issue, together with the nominal value.
The nominal value represents the amount that the coin holder receives if he or she requests its exchange at the central bank, which guarantees the repurchase of the coins. In the case of Czech coins, it is quoted in Czech crowns (CZK). However, this is not a selling price - it is usually much higher due to the material used, artistic processing and limited schedule of issuance.
Gold commemorative coins of the Czech National Bank are minted from pure metal with a purity of "999.9 / 1000". The purity of silver commemorative coins minted since 2011 is "925/1000".
Commemorative coins of the Czech National Bank are usually issued in two versions at the same time. The coin, marked as "proof", is minted using special polished stamping dice. The resulting product has a mirror-gloss surface and a matte relief (this effect is usually shown as a dark reflection in the product photos). Removal from the protective packaging will devalue the proof quality of a coin - it will expose it to unwanted external influences. The coin classified as "standard" (in common quality) is minted using stamping dice whose entire surface is matt. Therefore, these coins do not require extra care as in the case of proof quality, but it is still not recommended to remove them from the protective capsules.
Schedule of issuance
The coins of the Czech Republic are issued in accordance with the schedule of issuance announced by the Czech National Bank periodically every five years. Individual issues are exclusively devoted to historical national topics, therefore, contemporary or foreign motives never appear on them. Silver coins have a nominal value of 200 or 500 CZK, while gold coins have a nominal value of 5,000 or 10,000 CZK.
There is a majority of 200 CZK silver coins in the issuance plan - they are issued several times a year. They have been appearing since 1993. They are dedicated to important anniversaries from various branches of Czech history - culture, art, science, technology, warfare, politics, etc.
500 CZK silver coins are issued once a year. They first appeared in the issuance plan for the five-year period from 2011 to 2015, when they were dedicated to important personalities of Czech culture. From 2016 to 2020, the establishment of an independent Czechoslovak state was their main topic. From 2021 to 2025, they were dedicated to famous means of transport.
5,000 CZK gold coins (two issues a year) have been issuing since 2011. The first five-year cycle was dedicated to the ten most interesting bridge structures in the Czech Republic, the second cycle was dedicated to its most beautiful castles and the third cycle commemorates the city's conservation areas.
10,000 CZK gold coins - also known as “extraordinary mintages” - are issued irregularly on the occasion of the anniversary of truly major events. During the period from 2011 to 2015, there were three issues that commemorated milestones of ancient Czech history. Two coins with the theme of statehood and monetary independence were issued for the period 2016 to 2020, during which 100 years have passed since the establishment of the independent Czechoslovakia. In the period from 2021 to 2025, the only coin of this type has been issued, commemorating the anniversary of St. Ludmila.
Other coins made of precious metals have appeared during the history of the Czech National Bank. In the case of gold, there were two sets of four coins (1000, 2500, 5000 and 10,000 CZK) dedicated to the themes "Czech Crown" and "Charles IV", together with two ten-part cycles "Ten centuries of architecture" (2000 CZK) and "Cultural monuments of technical heritage “ (2,500 CZK). Three coins combining gold and silver were also issued on the occasion of the Czech Republic's accession to the European Union (2,500 CZK) in 2000 (2,000 CZK), and the 100th anniversary of the Czechoslovak crown (2,000 CZK). For 2022, the Czech National Bank prepared the issuance of a high-weight silver coin with the motif of the Great Prague and with a nominal value of 10,000 CZK.
The modern Czech ducats are a kind of peculiarity in the CNB's schedule of issuance. Although these mintages do not have a nominal value, they are coins - the so-called "commercial coins" - that follow the tradition of St. Wenceslas ducats minted during the First Republic.
A separate chapter was dedicated to a gold coin made of 130 kilograms of gold, which was created on the occasion of the 100th anniversary of the Czechoslovak currency. The nominal value of the largest milled coin in the world is 100,000,000 CZK.
Commemorative coins of the Czech National Bank offer collectors a cross-section of the Czech past in artistic processing. At the same time, it is an interesting form of investment in precious metals - the artistic component can compensate fluctuations in their prices and, in the case of silver, also the valu added tax burden. In addition to high-quality artistic processing, a possible increase in the value of the coin is also influenced by the limited schedule of issuance. Commemorative coins are minted in strictly limited collector's series and may not reach all collectors. However, the schedule of issuance of commemorative coins issued by the Czech National Bank is usually relatively large - it counts thousands of pieces.
An example of a significant appreciation can be a gold coin with the motif of Velké Losiny paper mill that was issued in proof quality with a nominal value of 2,500 CZK in 2006. While its selling price on the day of issue was set at 8,500 CZK, the current market price exceeds 60,000 CZK.
The Czech Mint mints circulation coins for the Czech Republic only in response to its current needs. Therefore, all nominal values – i.e. 1, 2, 5, 10, 20 and 50 CZK - with the same year of issue are very difficult to collect. However, they always occur in collector's kits produced by the Czech Mint with the approval of the Czech National Bank.
Sets with motifs of the Czech Republic and its regions are issued regularly, while others appear exceptionally on the occasion of important sports events. A set intended for newborn babies is also published every year. In each set there are six valid coins which are more gentle than circulation coins and which have not been circulated, together with a thematic commemorative token. Luxury sets of coins minted in extraordinary quality proof are also regularly issued. These are supplemented with a silver commemorative medal instead of a token.
Issuer and its necessary elements
The Czech National Bank – i.e. the central bank of the Czech Republic is the issuer of Czech circulation coins. The Czech Mint from Jablonec nad Nisou is their exclusive producer. Necessary elements of Czech circulation coins include the state symbol in the form of a two-tailed lion, the name of the country, the year of issue, together with the nominal value.
The nominal value of Czech circulation coins is quoted in Czech crowns (CZK). Unlike commemorative coins, they correspond exactly to their value in the exchange process.
Circulation coins are minted from so-called base metals, so unlike gold and silver coins there is zero purity. The exact chemical composition of the individual circulation coins is then stated in each packaging in which they are stored.
The surface of ordinary circulation coins is matte - this is the so-called quality "standard" (or common quality). In exceptional cases, however, there are coins in quality "proof" that are minted using special polished stamping dice. These coins with a mirror-gloss surface and a matte relief do not circulate, because human touch would devalue them. They are intended for collecting and representation purposes.
The sets of circulation coins of the Czech Republic are intended primarily for collectors, whose goal is to create comprehensive collections dedicated to the national currency. Thanks to the thematic packaging and commemorative mintages that are part of them, however, they also serve as an original gift or souvenir.