We all have our favourite coins to collect, whether it be historic coins, special 50p designs or coins from around the world.
But one thing that piques the interest of almost all collectors, including myself, is the elusive ‘error’ coin.
Considering the high levels of technology involved in minting coins and the number of different quality controls in place, it is extremely rare that a coin is minted with an error. And it is even rarer for an error coin to be released to the public.
However, over the years there have been sporadic cases of error coins being struck and issued to the public. Just a few things that would be considered an error would be an off-centre strike, a crack in the die or even use of the wrong die completely!
And that last one is exactly what happened to the 2014 Year of the Horse Lunar Silver Coin when it was incorrectly struck with the distinctive denticle obverse of the 2014 Britannia coin.
After an investigation, it was discovered that approximately 38,000 Year of the Horse coins were struck with the incorrect denticled edge on the obverse. And once The Royal Mint confirmed this as a genuine error, these coins understandably became incredibly sought after.
What makes these error coins particularly desirable is that, because it was issued as a bullion coin, many were sold around the world to coin dealers and investors. That means that they are much harder for the British public to track down. Plus, of course, in terms of pure numbers struck they are considerably scarcer than previous errors such as the ‘undated 20p’.
In fact, Ebay listings have seen the value of these coins soar to around 30 times their original value! So if you are lucky enough to own the 2014 Year of the Horse coin, I’d suggest you go and have a closer look at it!
We have a small number of the ‘Year of the Horse Silver Mule Sets’ available to buy. This set contains the Year of the Horse error coin alongside the correct version of the coin for easy comparison. This ‘mule’ is an absolute must for any collection and is extremely rare, so secure yours today.
Since 1795, the 10-dollar Gold coins in circulation in the United States have been referred to as “Eagles”. These coins were legal tender until their withdrawal in 1933. However, there is one Eagle in particular that has become a numismatic legend.
A presidential intervention
You see, the obverse of the Eagle had long bore the goddess of freedom (Liberty), however in 1907, President Theodore Roosevelt complained to the Secretary of Treasury that US coinage lacked artistic merit.
As a result, Roosevelt personally commissioned New York City sculptor Augustus Saint-Gaudens to re-design this Gold coin; however, it was certainly not without incident!
Firstly, as the coin was designed by a sculptor, rather than a professional engraver, there were a number of issues in production, particularly due to the high relief. As a result, several versions of the coin had to be minted before achieving a sample appropriate for full production and release into circulation.
Secondly, Roosevelt felt strongly that a Native American war bonnet should be included in the design as a “picturesque” and “distinctly American” symbol. So, under President Roosevelt’s instruction, Gaudens retained the Liberty profile on the obverse, simply placing a feather headdress on her head. Later, the coin would receive criticism for this absurd addition, with one art historian declaring that it missed out on being “a great coin” due to the President’s interference.
Finally, further issues arose when the motto “In God we Trust” was replaced by “E PLURIBUS UNUM”, which translates to mean “Out of Many, One”. In fact, such was the public outrage, Congress passed a bill mandating its inclusion on any further coins. Mint Chief Engraver Charles E. Barber added the words and made minor modifications to the 1908 design.
A numismatic legend!
However, as is often the case, the flaws in the original 1907 Indian Head Eagle have made it one of the most desirable coins in the world.
In January 2011, what is probably the best-known example of an Indian Head Eagle, one of only 50 originally minted coins in the rare proof finish, was sent to auction – It sold for an incredible $2,185,000!
If you’re interested…
Today you can own one of the most valuable coin designs in the world…
This pure gold coin weighing just 1/100oz is an affordable way of owning one of the most valuable coin designs in the world – the 1907 USA Indian Head.
Today His Royal Highness, Prince George, celebrates his fifth birthday.
The British public and people from all corners of the globe have watched fascinated as young Prince George has grown from baby to boy; enamoured by photos of his first steps, his first day at nursery and when he started primary school.
To mark his fifth birthday this exclusive 24ct gold-plated five coin set has been released, which looks back on our future King’s first five years.
The first coin in the set shows the precise moment the whole world fell in love with our prince. When his beaming parents, the Duke and Duchess of Cambridge, introduced their new born son to the world outside of St Mary’s Hospital in London.
The next coin shows George during his first public engagement as part of the royal families tour of New Zealand and Australia in 2014. However, unlike his parents, his role was much more relaxed – it didn’t include ribbon cutting or speech making, instead just a simple play date.
During the same royal tour, Prince George visited Taronga Zoo in Sydney, where he was introduced to one of the zoos bilbies, a desert-dwelling marsupial, which had been named after the Prince. A moment that’s been captured on this coin.
Next up is a coin that shows a considerably older Prince George, during the Cambridge families week long Royal Tour of Canada in 2016. The hugely popular photo of Prince George shows him absolutely mesmerised by bubbles at a children’s party, which boasted a petting zoo, balloon modellers and a puppet show. However, shortly after this shot was taken, our Prince was publicly upstaged by his younger sister, Princess Charlotte, who spoke her first word in public, ‘pop’.
Finally, the coin that completes the set shows Prince George adorably practicing that all important royal wave, aged just three, at the end of his Royal tour of Canada in 2016.
This brand new coin set looks back fondly and perfectly captures the first five years of our future King’s action-packed life – and it’s sure to be extremely sought after by collectors in years to come too.
If you’re interested:
You can secure the Exclusive HRH Prince George of Cambridge’s 5th Birthday Coin set today. But when you consider the very low edition limit and high demand for commemoratives celebrating the fifth birthday of our future King, a full sell-out is expected, so don’t delay. Click here to find out more>>