publication
2026-04-15 12:49
The National Bank of Poland introduces new collector coins for sale. The issue as part of the new series “Independent Central Bank” is highly unusual. And not only because its topic is the famous NBP gold reserves.
The first distinguishing feature of the new issue “coins” is their shape. The coin made of pure gold (999.9 fineness) has dimensions of 35.00×10.0x4.8 mm and a weight of 31.10 g and looks like a gold bar. Its circulation was set at one thousand copies and the price was PLN 22,000,000. This price includes the cost of the gold contained in the coin (currently approximately PLN 17,300) and a small collector's premium.
The second coin has a cylindrical shape and looks like… a piggy bank. Its face value is one hundred zlotys and its weight is 311 g. In practice, it is almost 10 troy ounces of pure (999 fineness) silver. The issue price of this “silver ten-pack” was set at PLN 9,500. For the record, let us remind you that the “stock exchange” price of silver is currently approximately PLN 283/oz. However, after adding minting costs, dealer margins and 23% VAT, ounce silver bullion coins in Poland are available for approximately PLN 370/piece. So in this case, the collector's premium makes up the majority of the issue price.
– PThrough the “Independent Central Bank” coin series, we want to show the mechanisms behind the stability of the Polish economy – from gold reserves to the independence of monetary policy – which, in conditions of global turmoil, constitute the foundation of the state's economic security – says its president, prof., quoted in the official statement of the National Bank of Poland. Adam Glapiński.
A gold coin with a face value of PLN 500 will be available at all NBP District Branches and in the Kolekcjoner online store for PLN 22,000. A silver coin with a face value of PLN 100 will be available for PLN 9,500 in all NBP Regional Branches.
NBP will immortalize its own achievements
The issue of collector coins is part of the image-building activities of the National Bank of Poland, which has been boasting about successful and substantial gold purchases for a long time. Bankier.pl's calculations show that in March alone, the NBP purchased almost 13 tons of the “barbaric relic” and already has gold reserves of approximately 583 tons. In January 2026, the National Bank of Poland announced its plan to further increase gold reserves to 700 tons.
However, we must wait until April 21, when the National Bank of Poland will publish statistics on liquid assets and liabilities in foreign currencies, to confirm our estimates. However, we know that a few months ago Poland advanced to 12th position in the ranking of world gold reserves (if we exclude the International Monetary Fund). The National Bank of Poland already has more gold than the European Central Bank, Great Britain or Spain.
– Our gold is stored in the vaults of the Bank of England in London, the Federal Reserve System in New York and the National Bank of Poland. The diversification of gold storage locations is aimed at limiting geopolitical risk, the consequence of which could be the loss of gold resources or limitation of the possibility of free disposal thereof, informs the National Bank of Poland.
In 2025, the National Bank of Poland was the largest single buyer of gold in the world, adding nearly 102 tons of the “barbaric relic” to its treasury. A year earlier, NBP purchased almost 90 tons of gold, and in 2023, over 130 tons. In total, over the last three years, Polish ore reserves have been increased by 321.55 tons.
– Gold – as one of the most valuable precious metals – has been perceived as an attractive and reliable means of storing value for centuries. This is due to its physicochemical properties: ductility, malleability and corrosion resistance. These qualities make it a durable and practically indestructible raw material. Over the long term, the value of gold remains essentially independent of economic conditions and disruptions. The above-mentioned factors cause it to be perceived as the so-called a safe haven, which means that its value usually increases in periods of uncertainty and crises. At the same time, the metal is characterized by a relatively low correlation with other assets, especially with the US dollar – this is how the Polish central bank sees the role of gold in a long-term and sustainable investment portfolio.
