Numisbing has acquired two unissued Nobel Prize medals on behalf of the Collectibles Fund
Numisbing has acquired two rare medals in extremely limited editions of the Nobel Prize from around 1902 and 1980. Ramkumar Sarangapani, CEO of Numisbing AB (publ), says that; “Noble medals are extremely rare collectibles and have high demand. Since the number of medals awarded is much less in quantity and there is pride in the life of the recipient, they will never go on sale”. The highest price for a Nobel Prize medal awarded is USD 2.27 million, which was sold in Heritage Auctions, USA in 2013.
Numisbing AB (publ) with subsidiaries in Dubai operates in numismatics. On behalf of a "Collectibles fund" with a focus on collecting rare coins and banknotes, both purchases and sales of these unique coins and banknotes are carried out by Numisbing. The Numisbing Group also owns units in this fund, which currently has 17,625 items. During 2018 and 2019, the fund increased its fund value annually by approximately 25 percent. The number of old coins and banknotes does not increase for natural reasons and the prices of these items increase in value if you buy the right item at the right price. As an investor, you can take advantage of the value development by holding shares in Numisbing, which will soon apply for listing on Nasdaq, First North, Stockholm. As part of informing shareholders and the market about this niche market, a number of articles are published about Numisbing and the fund's holdings.
Numisbing has acquired two rare medals in extremely limited editions of the Nobel Prize from around 1902 and 1980. These medals were marked by the Swedish Royal Mint, with the same design used on the Nobel Prize medals for physics and chemistry. These issued medals were made in limited edition and were issued in silver, silver gold and bronze for museums and collectors. These medals were designed by Erik Lindberg and measured 66 mm in diameter. On the front is a bust portrait of Alfred Nobel facing left, inscribed with his name in relief, "Alfr. Nobel", as well as his date of birth and death 1833 to 1896, "Nat. MDCCCXXXIII, Ob. MDCCCXCVI." Engraved at the bottom left with the artist's name and date, "E. Lindberg, 1902. "The mirror image has an allegorical vignette of the figure of science that reveals the face of nature, with the Latin legend in relief above," Inventas vitt iuvat excoluisse per artes." The space at the bottom is left blank but would be engraved with the recipient's name and date on the medals awarded.
The medals awarded were minted from 23k gold before 1980 and weigh 200 grams. Medals awarded after 1980 have been made of 18 carat recycled gold and weigh 175 grams in addition to the prize in economic science which weighs 185 grams.
Ramkumar Sarangapani, CEO of Numisbing AB (publ), says that; “Noble medals are extremely rare collectibles and have high demand. Since the number of medals awarded is much less in quantity and there is pride in the life of the recipient, they will never go on sale”. The highest price for a Nobel Prize medal awarded is USD 2.27 million, which was sold in Heritage Auctions, USA in 2013. Ramkumar Sarangapani also added that “it is a proud moment to add these medals to the fund's collection, as Numisbing AB (publ ) is headquartered in Sweden.”
For more information, contact:Ramkumar Sarangapani, CEO Numisbing AB, Tel. +971 50 588 1838, ramkumar@numisbing.com, or
Jan Rejdnell Investor Relations (IR) Tel. + 46 () 0708-14 44 00, jan@delecta.se.
About NUMISBING:
NUMISBING AB (www.numisbing.se) is a Numismatics & Arts company headquartered in Stockholm, Sweden, and has its operations in Dubai, United Arab Emirates, which is currently on the Nasdaq First North Stock Exchange in Stockholm, Sweden. Since its inception in 2012, Numisbing has grown into a leading Numismatics company in the Middle East region with a market share of close to 75 percent. Before long, Numisbing AB intends to apply for listing at Nasdaq, First North in Stockholm. More information at www.numisbing.se.
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