A gold medal in Havel’s honor will be created in the Czech Republic

According to the CTK news agency from Jablonec nad Nisou in North Bohemia, local unit of the Czech Mint will soon develop gold and silver commemorative coins with the portrait of the former Czech President Vaclav Havel, who died in December 2011 a week before the Catholic Christmas. The journalists received this information from Radek Sulta, the president of the Czech Mint company.

Official coining of medals will take place in Jablonec nad Nisou next week and will be attended by the widow of the late Dagmar Havlova. Vangelis Zingopis) the chairman of the Vize 97 foundation created by Vaclav Havel and his wife said: "We are very pleased that we have the opportunity to honor the memory of the former President of our country with the commemorative medals". He also added that the fund was very lucky to find a new partner - the Czech Republic Mint.

Revenues from medal sales will be directed to financing future projects of the Vize 97 foundation, which specializes in creating and implementing of various social, educational and cultural programs, as well as engaged in health initiatives.

The coin’s obverse will include the portrait of Vaclav Havel with the dates of birth and death. On the reverse side will be coined the signature of the former president of the Czech Republic and his motto "Truth and love will win over lies and hatred" in English and Czech languages.

A half-ounce gold medal (troy ounce equal to 31.1034768g) will cost 25,000 kronas. The first hundred of 700 medals will be numbered. The mint will also produce 3.000 silver medals for 2.000 Euros each.