The coin that caused a modern day gold rush

By Ian Glen | October 10, 2014 |

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.”

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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.


 

jfk half dollar - HomepageIf 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

How far would you go to guard your coin collection?

By Ian Glen | October 1, 2014 |

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Could you be next?

Devon man Laurence Egerton decided to camp outside for THREE DAYS to protect his coins from potential thieves – however, he had just discovered the third largest hoard of Roman coins ever uncovered in the UK.

Almost 22,000 Roman coins from the reign of Emperor Constantine were discovered by the amateur metal detectorist in Seaton, East Devon.  Now called the ‘Seaton Down Hoard’, it was declared treasure at a Devon Coroner’s inquest on Friday 12th September 2014.

His discovery is one of the biggest hoards of 4th century Roman coins to ever be recorded in Britain – after the Frome Hoard of 52,503 found in 2010, and 22,703 coins found in Dorset in 1989.

The copper alloy coins also happen to be one of the best preserved 4th century collections to have been excavated.

The asking price for the hoard will be decided by the British Museum’s Treasure Valuation Committee later this year, but it just goes to show, there could even be a Roman hoard in your back garden!


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Roman Coin Offer

If you want to add a Roman coin to your collection right now, click here to secure a genuine issue from the reign of Claudius II Gothicus.

The 10 UK Coins that all collectors should own

By Ian Glen | September 19, 2014 |

For many people it’s difficult to know which coins they should own.

When I asked our UK Coin Specialist he selected the 10 coins below based on a combination of their numismatic interest, design excellence and accessible value. 10 coins that together are some of the most iconic British coins from the last 200 years.

They aren’t necessarily the best coins, but when brought together these coins create a comprehensive collection that is also affordable at under £500.

william iv half crown - Homepage1. William IV Silver Half Crown:
Year of Issue: 1831 – 1837
This coin shares the design with one of the rarest Silver Crowns. During William IV’s reign Crowns were not issued for general circulation. But proofs and patterns were, and these are highly sought after. The obverse features the Bare Head portrait of William IV and the reverse design depicts a crowned shield on a mantle.

2. Queen Victoria Gothic Silver Florin:victoria silver florin - Homepage
Year of Issue: 1851 – 1887
The Florin was first introduced in Queen Victoria’s reign as an early trial of decimal currency, 100 years ahead of its time. Although we are used to seeing a crowned monarch on our coinage, the portrait of Victoria wearing a crown was unusual to the general public and it was the first coin to feature a crowned monarch for over 200 years.

george vi festival of britain crown - Homepage3. King George VI Crown:
Year of Issue: 1951
Only two crowns were issued during the reign of King George VI. The Festival of Britain Crown was the first of these and also the first ever crown to be issued in cupronickel. The reverse of the crown features St. George slaying the Dragon, designed by Benedetto Pistrucci.

4. Queen Elizabeth II Silver Britanniaqeii silver britannia - Homepage
Year of Issue: 2012
Since its first issue in 1987 the 1oz Silver Britannia has become an annual staple for collectors. The Britannia reached its 25th anniversary in 2012 and to mark the occasion the original design by Philip Nathan featured on the reverse. It was also the last ever British coin to be struck from Britannia Silver (958/1000), a standard first introduced in 1696 Coinage Act.

hong kong trade dollar - Homepage5. Hong Kong British Trade Dollar
Year of Issue: 1895 – 1935
This coin was introduced in 1895 following China’s defeat in the Opium War. To ensure the acceptance of the dollar beyond British territories the design was given an Eastern look with the reverse featuring a Chinese labyrinth with the Chinese character ‘shou’ for longevity. It was demonetised in 1904, but continued to be minted until 1935.

6. Queen Victoria Britannia Penny: victoria penny - Homepage
Year of Issue: 1839 – 1860
Despite being the longest reigning British Monarch, only three portraits were issued during Victoria’s reign. The first design – the Young Head – was the last penny to be struck from copper.  In 1860 the switch was made from copper to bronze coinage. The reverse features a right facing seated Britannia holding a trident.

edward vii silver florin - Homepage7. King Edward VII Silver Florin
Year of Issue: 1902 – 1910
Designed by George William de Saulles, the Standing Britannia is considered by many to be one of the most attractive designs on British coins. It was unusual for a coin design to change so dramatically, especially because the coinage had been static for nearly 60 years during Victoria’s reign.

8. King George VI Silver Sixpence:george vi silver sixpence - Homepage
Year of Issue: 1937 – 1946
This was the last sixpence to be issued in silver. It has long been considered lucky. When the supply of threepence coins diminished, silver sixpences were used as a replacement in Christmas puddings. The RAF also use silver sixpences as good luck charm and have them sewn behind their wings or brevets, a custom that dates back to World War II.

qeii coronation crown - Homepage9. Queen Elizabeth II Coronation Crown:
Year of Issue: 1953
This was the first commemorative coin issued during Queen Elizabeth II’s reign. It was never entered into general circulation, and as a result is highly sought after by collectors. Designed by Gilbert Ledward, the Crown features the Queen riding on horseback, which is unusual for a UK issue.

10. Queen Elizabeth II Britannia 50p:qeii 50p - Homepage
Year of Issue: 1969 – 1981
The world’s first 7-sided coin was introduced in 1969 to replace the 10 shilling note. The slight curved edges were designed to allow the coin to be used in vending machines without any problems. The obverse depicts Arnold Machin’s portrait of Queen Elizabeth II wearing the ‘Girls of Great Britain’ tiara.


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These 10 coins are now available to own as a complete set. 

Click here to find out more.