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The coin that caused a modern day gold rush
People tripped, fell and were trampled on in the rush to get in line at the U.S. Mint in Denver on 7th August. They were all after one coin – the John F. Kennedy 50th Anniversary Gold Half Dollar.
After the official launch at the ANA World Money Fair in Chicago, thousands of collectors queued up at U.S. Mint locations each day in the hope of securing one of the 500 coins due to be released daily, with most selling out in just a few hours.
The rush was so intense that the police had to be called to calm things down. The US Mint were eventually forced to suspend in-person sales of the coin and released the following statement:
“The United States Mint and the American Numismatic Association (ANA) announced today that sales of the 2014 50th Anniversary Kennedy Half-Dollar Gold Proof Coin have been suspended at the ANA’s World’s Fair of Money in Rosemont, Ill. The Mint and the ANA made the decision to ensure the safety of those wanting to purchase the coin and the safety of their own employees.”
The coin that caused a modern day gold rush
Why did this coin cause such a frenzy?
Issued to mark the 50th anniversary of the first Kennedy half dollar, it is the first ever US half dollar to be issued in 24 Carat gold. The reverse design also features a ring of 50 stars – more than any other US coin produced for circulation.
In fact, dealers were so keen to get hold of the first release coins they were buying the coin straight back off members of the public and some were even offering people $600 to queue and buy the coin for them.
If you are interested…
The Westminster Collection managed to beat the rush and reserve a limited number of 2014 Anniversary JFK Gold Proof Half Dollars.
NOW SOLD OUT
Why we will soon all know the story of the boy soldier on a stamp …
The prospect of going to fight for your King and Country would seem bizarre for most teenagers today.
But in 1914, that is exactly what William Cecil ‘Billie’ Tickle did. At just 15 – officially three years too young to enlist – he lied about his age and joined the British Army at the start of the First World War.
Originating from Hornsey in Middlesex, he was just an ordinary teenager but found himself in 9th Battallion, Essex Regiment, fighting alongside countless young soldiers like himself. His troop was thrust into France the following spring after training, and straight in the midst of heavy battle.
Against all odds, Private Tickle made it through until 1916 and the Battle of the Somme. On 3rd July 1916, Private 13510 Tickle was killed in action at Ovillers, and his body never found. But not before he sent a photo of himself in his uniform back home to his mother…
His mother’s handwritten note underneath describes him as ‘One of the very best.’ Billy Boy’s story is not exceptional, there are plenty more stories like his. But little did he know that one hundred years later that very photograph would be chosen by Royal Mail to feature on an official British 1st Class postage stamp.
The smiling portrait of Private Tickle appears alongside five other stamps in Royal Mail’s ‘Great War’ Issue, which is being released on Monday 28th July to coincide with the Centenary of the outbreak of the First World War.
These stamps are now available to own on a limited edition Silver Proof Coin Cover.
NOW SOLD OUT.
2014 Year of the “Mule”: the Royal Mint confirms Lunar Year and Britannia striking errors
The UK 2014 Year of the Horse 1oz Silver ‘Mule’
If you own the 2014 Year of the Horse Lunar Silver Coin or the 2014 Britannia coin, I suggest you go and dig them out before you read any more. That’s because it’s just possible that you are sitting on something rather unusual – a Royal Mint “mule”.
A “mule” is a coin where the one of the sides has been struck with the wrong die. And that’s what happened with some of the Royal Mint’s 2014 Year of the Horse and Britannia coins.
Officially confirmed by the Royal Mint
Year of the ‘Mule’
It seems attention was first drawn to the matter when a US dealer noticed that some of their Britannia coins had a different obverse (heads) side to the rest of the stock, lacking the denticle design around the edge, normally seen with Britannia coins.
The Royal Mint has now acknowledged the error, which has resulted in approximately 17,000 Britannia coins being struck with the non-denticled Year of the Horse obverse and 38,000 Year of the Horse coins having the denticled Britannia version as their obverse.
Selling for 250 times its original value
Perhaps the best recent example of a UK mule in recent years was the undated 20p coin, which was uncovered in 2008. Approximately 250,000 20p coins were struck using an old obverse design, which left them undated. The news was followed by a media frenzy with many millions of people searching their change in the hope finding what was to prove to be a valuable error. Indeed an undated 20p currently changes hands on ebay for around £50 – 250 times its original value.
So what of these latest Royal Mint errors? Unlike the 20p these are not general circulation coins but as bullion coin they will have been sold around the world to coin dealers and investors. That means that they will be much harder for the British general public to track down. Plus, of course, in terms of pure numbers struck, they are considerably scarcer than the undated 20p.
Early listings on ebay have been as high as £500 and above, so if you are lucky enough to own either the 2014 Britannia or Year of the Horse coins, I would definitely dig them out and take a look – it might be your lucky day.