Post to Bring Federal Republic Collector's Coins to the MarketBonn, 11/03/2005, 10:30 AM CET
On January 1, 2006, Deutsche Post will undertake the task of bringing all of the euro commemorative coins for the Federal Republic of Germany to the market on behalf of the Federal Ministry of Finance. The Philately division of Deutsche Post and the Federal Ministry of Finance have now signed a contract for this in Berlin. The 10-year contract covers the marketing and sale of the collector's coins to private and business customers as well as the storage and packaging of the coins.
The coin program for a year, which is issued by the Federal Minister of Finance, contains silver commemorative coins, current coin sets of Germany's five mints, gold coins, and an annual set with silver commemorative coins.
Around 2.6 million collector's items are delivered to customers each year. The Deutsche Post shipping center for postage stamps and other collector's items, the philately branch office in Weiden, will take over the care and delivery to customers from the previously responsible Federal Securities Administration, Agency for Collector's Coins (VfS), in Bad Homburg.
The Deutsche Post shipping center opened in 2002 and meets the most modern demands. It currently takes care of around one million customers in Germany and can ensure high-quality storage, packaging, and sale of collector's coins for the federal government with the support of a highly modern SAP IT infrastructure.
Customer orientation and high customer satisfaction are meanwhile the focal point. 450 employees in customer service and shipping are well prepared to fulfill this challenging task in the name of the Federal Republic of Germany.