Uzbekistan to set new prices for commemorative coins

Uzbekistan Materials 6 February 2019 14:38 (UTC +04:00)

Baku, Azerbaijan, February 6


Central Bank of Uzbekistan has introduced new prices for commemorative coins made of precious metals starting from February 6, Trend reports via the Telegram channel of Uzbek Central Bank.

The Central Bank stressed that gold coins will still cost 13.7 million soums while the cost of silver coins increased from 265,000 to 266 ,000 soums.

Central Bank has issued commemorative coins of gold and silver as a pilot project. Two types of gold and 14 types of silver coins made from metal samples 999.9 and weighing 31.1 grams, issued in 1994-2009, are on sale. The total number of coins put up for sale is 1900 gold coins and 6900 silver coins.

Coins are allowed to be used on the territory of Uzbekistan as a legal means of payment at their nominal value (significantly lower than the selling price) and also as objects of collection, investment and accumulation, valued above the nominal value.

Article 3 of the Law “On Currency Regulation” states that the gold and silver coins of the Central Bank do not apply to currency values.