COTY Goes to
By World Coin News
annual Coin of the Year award winner is a
500-tugrik silver coin issued by the National
Bank of Mongolia promoting wildlife protection.
It portrays a gulo gulo, a wolverine-like
creature depicted with diamonds for eyes.
The award was given Feb. 7 at the World Money
Fair in the Paris Room of the Estrel Hotel in
Hosting the event was World Coin News Executive
Editor Dave Harper.
Accepting the award for the National Bank of
Mongolia were Peter Frei and Pascal Voegeli of
Coin Invest Trust, a firm headquartered in
Liechtenstein that marketed the coin.
The Coin of the Year is chosen from among the 10
COTY category winners in a second round of
balloting. The 500- tugrik won in the Best
Silver coin category.
Winning the People's Choice Award was a
Hungarian 5,000- forint coin depicting Gyula
Castle. This sterling silver coin topped voting
by collectors around the world who made their
wishes known by an online voting process at
Accepting the award were Terez Horvath, the
commercial director of the Hungarian Mint, and
Ferenc Gaal, its general director.
The United States Mint did very well in the
category awards, taking three honors. Director
of the U.S. Mint Ed Moy was called forward to
accept the Award for Most Historically
Significant coin. It was a silver dollar
commemorating the 400th anniversary of the
Jamestown Settlement in Virginia.
Because this category award was given first in
the ceremony, Harper said that the certificate
and all of the others to be given were really
coupons "good for one trophy" that would be
Moy also accepted awards for the Best
Contemporary Event coin and the Most Popular
Coin. The Best Contemporary Event coin was a
silver dollar commemorating the 50th anniversary
of the integration of Central High School in
Little Rock, Ark. The Most Popular Coin honor
was for the George Washington $1 coin from the
Presidential circulating dollar series.
These coins and the other award winners are all
dated 2007. Harper also said that the difference
between historical and contemporary event coins
was that the historical pieces were 100 years
and older and the contemporary event coins were
99 years and newer.
The National Bank of Belarus did well this year
with two awards. Vladimir Sokol, the head of the
Issue and Cash Operations Directorate, and
Andrey Kopshik, deputy head of the Banknote and
Coins Development Division, came forward to be
Belarus won the Best Crown Award for a .925 fine
silver 20 rubles for Pancake Week, which marks
the beginning of spring. In the Most
Inspirational coin category, Belarus won with a
1,000-ruble silver coin for St. Euphrasyne of
Polatsk. The coin is a very large 1,083.80 grams
and has a diameter of 100mm as compared to a
U.S. silver dollar of 38.1mm.
The Best Gold coin was a 1,000 kroner from
Denmark. Director of the Royal Danish Mint Hans
Denkov and Governor of the National Bank of
Denmark Torben Nielsen accepted the award.
Best trade coin was from Italy. The circulating
2-euro coin depicting Dante, author of the
"Divine Comedy," was chosen by the judges.
Accepting the award were Mario Alberigi and
Isabella Angrisani, both of the marketing and
sales department of the Italian Mint.
The 10-euro silver commemorative showing
Austria's Melk Abby was declared the Most
Artistic coin. Accepting the award were Kerry
Tattersall, marketing director of the Austrian
Mint; Kirsten Petersen, director of overseas
markets; and Christian Koelbl, head of sales.
Taya Pobjoy of the Pobjoy Mint was pleased to be
given the Most Innovative coin award on behalf
of the British Virgin Islands. The 65mm,
five-ounce $50 silver coin marks the centennial
of the first color photo and it also serves as a
picture frame itself into which the owner can
insert a favorite photo.
Nominations for the next Coin of the Year Award
for coins dated 2008 are now being accepted by
World Coin News. A review committee compiles the
entries into a ballot that lists up to 10 coins
in each of the 10 categories. This list then
goes to the international panel of judges for a
first round of voting later this year. For the
People's Choice Award, an online ballot of 15
entries is produced for review by the world's
collectors. These honors will be given in early