From Financial Times:
Andy Smith, analyst at Mitsui Bussan Commodities, said: "On undemanding assumptions, the bullion embodied in a gold E100 would exceed that in all commemorative Japanese coins [700 tonnes], the entire issue of krugerrands [more than 1,400 tonnes] and even that in all the Napoleons [French gold coins] issued between 1865 and the first world war [13,000 tonnes]."
He pointed out, however, that the proposal had previously been considered, and rejected, by the European parliament.
"For the past 25 years European politicians have been haggling over an acceptable compromise for the content of chocolate. If the definition of a single European bar proves so sticky, what chance quick progress on a gold euro coin?"
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