Globalisation – the coin that launched it all…

Spanish Silver Trade Dollar 300x200 - Globalisation - the coin that launched it all...

The 1739 ‘Spanish Silver Trade Dollar’.

While I was watching “Civilisations” on the Beeb last week they mentioned how the introduction of the Trade Dollar was the first step in globalisation – this got me thinking, so I made a cup of tea and looked into the history of the Trade Dollar and it truly is a fascinating tale.

Way back in the 16th Century, the first trading currency came to be because of the popularity of the silver Spanish dollar (better known as pieces of eight – yes those!) in China and they created the “Dragon Dollar” or “Silver Dragon” which were not only used in China, but also became the preferred currency for trade with their neighbours.

In the 19th Century, the Chinese were defeated in the First Opium War and forced to open their ports to foreign trade. The British merchants from The East India Company were now able to take advantage of the silk, porcelain spice and tea trade in the Orient.

The Rise of the British Trade Dollar

Now, with so many routes to trade it made sense for each country’s traders to mint their own coins, from their own supplies of silver. BUT these new silver trade coins all had to be minted to the same specification as the famous Spanish Dollar weighing in at approximately 27g and minted in 0.900 silver. The trade dollar was truly born and trading was made easier for the world – hence the movement of goods (and people) became more prevalent and “globalisation” started.

EIC Trade Dollar 1 300x200 - Globalisation - the coin that launched it all...

The 1895 British Trade Dollar.

Our British Trade Dollar was first minted from 1895 and designed by George William De Saulles – a British coin with an eastern feel, it was exclusively for use in the Far East. For the first time on a coin, it showed a helmet-wearing Britannia holding a trident and the British shield with a merchant ship in the background.

Although The East India Company had been trading since the early 1600s, the introduction of the British Trade Dollar secured them as the single most powerful economic force of its time – tea, silks, spices and so much more travelling across the world on their ships not only for Britain, but also the rest of the Empire and Commonwealth. Without the original version of this coin we would be waiting for a cup of tea for a very long time!

A 21st Century spin on a 19th Century coin

EIC 2018 Trade Dollar Silver Proof Coin Lifestyle Product 300x208 - Globalisation - the coin that launched it all...

The 2018 East India Company 1oz Silver Proof Trade Dollar.

This year, The East India Company is launching a coin that has been faithfully inspired by the original British Trade Dollar – The East India Company 2018 Trade Dollar 1oz Silver Proof Coin features Britannia surrounded by an oriental pattern. The obverse for the first time, displays the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II surrounded by an arabesque cartouche.

A Faithful nod in these modern times to the coin that started it all.

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If you’re interested:

EIC 2018 Trade Dollar Silver Proof Coin Obverse Reverse Blog 300x200 - Globalisation - the coin that launched it all...

The 2018 East India Company 1oz Silver Proof Trade Dollar, limited to just 2,500 worldwide.

You can own the 2018 East India Company 1oz Silver Proof Trade Dollar, but you’ll have to be quick as just 2,500 have been issued worldwide! Click here to secure yours now >> 

This GLOW-IN-THE-DARK coin, celebrating a 75 year old conspiracy theory, has caused a collecting sensation.

UFO Blog - This GLOW-IN-THE-DARK coin, celebrating a 75 year old conspiracy theory, has caused a collecting sensation.


On June 24th 1947 nine unusual high speed objects were spotted flying over the city of Roswell. The military announced they’d found a flying saucer, then retracted this, instead insisting it was a US Air Force air balloon. This caused conspiracy theories to develop and grow… what exactly was it that crash landed that day?

Flat reverse 300x200 - This GLOW-IN-THE-DARK coin, celebrating a 75 year old conspiracy theory, has caused a collecting sensation.

3D ‘dome ‘ shaped

To commemorate 70 years since the event that shook the city of Roswell, Niue have issued a coin that is as mysterious as the event itself and it is proving to be just as popular with collectors as the Roswell event is with conspiracy theorists. In fact, with only 700 ever issued, this coin is already sold out at the Mint and it is very clear why…

The coin is 3D ‘dome’ shaped, replicating the iconic UFO shape that you would have grown up seeing. Domed coins like this are highly unusual and collectors are always quick to add them to their collections. The coin is a stunning design, struck in sterling silver to a proof finish. It is a remarkable feat and uses the latest technology in modern minthing to achieve this incredible high-relief finish.

Glow in the dark progression 300x200 - This GLOW-IN-THE-DARK coin, celebrating a 75 year old conspiracy theory, has caused a collecting sensation.

Glow in the dark feature

The photo-luminescent detail adds to the collectability of the coin. If you hold the coin in the light for 30-60 seconds, turn off the light and watch the magic happen –the coin actually glows in the dark.

The amount of glow in the dark coins are very few and far between, so it’s no wonder that collectors have been rushing to secure their own silver UFO coin.

This scarce coin not only comes in its own unique presentation case to help keep the mystery under wraps, it is also complemented by a custom made ‘Top Secret’ collectors crate, which hints at the Roswell conspiracy theories that there was a major military cover-up.

The Roswell incident is known as one of the most famous and mystifying UFO incidents in history, and now this coin is already becoming one of the most sought-after and collectable coins!

 

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Full item 300x200 - This GLOW-IN-THE-DARK coin, celebrating a 75 year old conspiracy theory, has caused a collecting sensation.

The Glow-in-the-Dark Silver UFO Coi

This item is now fully allocated. Click here to view other items from our collectors gallery >>

 

The day I took 800 coins to the sky in a WWII Spitfire

Last Saturday I had the opportunity to see the RAF’s most famous plane up close and personal. That’s because on the 24th March I drove up to the historic Duxford Aerodrome to have 800 of the brand new Spitfire £2 coins flown in an original WWII Spitfire.

I arrived at 9am but unfortunately the chance of flying was in doubt because of the poor visibility caused by low lying clouds. The rest of the morning was spent nervously looking at the sky waiting for enough visibility for the pilot to safely take the 74 year old warbird into the air.

Our pilot for the day was Flight Lieutenant Anthony Parkinson MBE, known as Parky. The delay caused by the weather gave me the opportunity to talk with Parky about his time in the RAF and how the Spitfire compares to the modern jets he has flown during his time with the RAF. You can see Parky discussing his career and the Spitfire in the video below.

The wait for take-off also gave me the opportunity to sit in the cockpit of the famous fighter plane and experience some of what it would have been like for the young pilots who sat in the same cockpit to defend Britain in the skies over 70 years ago.

Finally at 2.00pm the cloud cleared enough for a small pocket of visibility to take the Spitfire into the air. We quickly pushed the Spitfire out of the hanger and Parky secured the 800 Spitfire £2 coins into the wing bays which would have once held the plane’s armaments.

At 2.20 Parky prepared the plane for take-off. Standing a few yards from the plane whilst it’s famous Rolls Royce engine fired up was brilliant, and the Spitfire TD314 drew in a crowd nearby while it taxied along the runway.

Parky swiftly took the famous plane into the sky and gave me and the rest of the crowd a fly by. Despite the cloud cover it was still fantastic to see the Spitfire race through the sky at the hands of a former Red Arrows display pilot.

The brand new Spitfire £2 coin is a fantastic commemoration of the famous plane and I am grateful that I had the opportunity to mark the 100th anniversary of the RAF with such a fitting tribute.

Thank you to Ben Perkins, Flight Lieutenant Anthony Parkinson MBE and the rest of the team at Aerolegends for helping to take the Spitfire £2 coins to the sky and for giving me the opportunity to see this famous warbird in the flesh.


U334 flown silver 2 main 300x208 - The day I took 800 coins to the sky in a WWII Spitfire

Signed edition Silver Proof £2 Spitfire coin.

If you’re interested  

All 800 coins have now been sold. However, we will soon be flying the 4 times as limited ‘signed edition’ Silver Proof £2. Click here to pre-reserve yours now >>