In February it was confirmed by Royal Proclamation that the most British of bears – Paddington – would feature on 2 new UK 50p coins.
We can now reveal the full details of the first issue, which will be fully available from its official launch date of 18 June.
Limited Edition Silver Proof 50p Coin
60,000 official Royal Mint Limited Edition Presentations of the coin will feature Paddington in full colour sitting on his suitcase at Paddington Station.
The coin is struck from Sterling Silver to the highest proof finish and is presented in an acrylic display case.
Given the immense popularity of the coloured Beatrix Potter 50p coins over the last 3 years, which have continued to sell out year-on-year, collectors can look forward to this issue being equally collectable.
You will be able order the new Limited Edition Silver Proof Paddington at the Station 50p coin from The Westminster Collection for £65 with FREE p&p on Monday 18 June.
Base Metal Brilliant Uncirculated Collector’s Edition
But Paddington fans don’t only have the option of the Limited Edition Silver version. A special collector’s quality Brilliant Uncirculated coin will be struck in the normal 50p circulating metal (cupro-nickel) and will be available for as little as £3.99 in a Change Checker Certified BU Collector’s Card or £10 in the official Royal Mint Presentation Pack.
Both will be available to order from The Westminster Collection from Monday 18 June.
Second coin design revealed today
But that’s not all the good news for Paddington fans. The Royal Mint has revealed the second 50p coin design today for the very first time…
Featuring Paddington outside Buckingham Palace, the second issue will be released later this year in silver and base metal but will also be available to pre-order from Monday.
One of the things I find most interesting when collecting historic coins is the insight they give into the time they were struck and of the monarch who issued them.
A particular reign that has always fascinated collectors is that of Queen Victoria. During Victoria’s long reign only three major obverse portraits adorned her coins and they come together to chart the life and reign of one of Britain’s most popular monarchs.
The Young Head
The first effigy to feature on Queen Victoria’s coinage is known as the ‘Young Head’ portrait. This early portrait shows Victoria at the tender age of just 18, when she acceded to the throne.
The public in the early 19th century would not have been aware that the youthful Victoria depicted on their coins would soon become the leader of the largest Empire the world had ever seen and would reign longer than any British monarch before her.
The ‘Young Head’ portrait was extremely popular with the general public and remained on Victoria’s coins with only minor alterations for the majority of her reign.
The Jubilee Head
After 60 years however, it was decided that a new portrait was necessary to reflect Victoria as the elder stateswoman she had become. Victoria’s Golden Jubilee marked the occasion for a design change and Joseph Edgar Boehm was chosen to design a portrait for the 78 year old Queen.
However, Boehm’s portrait failed to gain the public’s admiration in the way its predecessor had. The portrait was met with ridicule by the general public who found the small crown balanced precariously on her head as unrealistic and almost comical.
The Veiled Head
The ‘Jubilee’ portrait was quickly replaced in 1893 after only six years, with what was to be the final obverse used on Victoria’s coinage. This new effigy was designed by Thomas Brock and shows a mature bust of the Queen with a veil representing her long period of mourning after the death of her husband Prince Albert.
Victoria was deeply attached to her husband and she sank into depression after his death. For the rest of her reign she wore black and the final portrait of the highly respected Queen represents this secluded period of mourning that came towards the end of her life.
Together, these coin portraits tell the story of Queen Victoria, with each marking an important period from her long reign. All of these coins are now over 100 years old and for me they epitomise Victorian coin collecting.
If you’re interested…
Today you have the opportunity to own each of these key portraits in the Queen Victoria Half Crown Set. However, these historic coins are very difficult to source and we only have a limited number available.
Click here for more details >>
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.
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
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.
If you’re interested:
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 >>