200 years of the Sovereign. The UK’s First Ever Gold Proof Piedfort Sovereign.

Update, 27th June: It has now been confirmed that the Gold Proof Piedfort Sovereign has completely SOLD OUT at the Mint, in just 24 HOURS. It’s still available at The Westminster Collection, click here >>

2017 marks the bicentenary of the ‘modern’ Gold Sovereign – the most important numismatic anniversary for decades. To mark this occasion a number of special limited edition Gold Sovereigns have been released, including what might be the most important gold sovereign of them all – the first ever Gold Proof Piedfort Sovereign.  

2017 gold sovereign proof piedfort both sides - 200 years of the Sovereign. The UK’s First Ever Gold Proof Piedfort Sovereign.

The Gold Sovereign is undoubtedly the United Kingdom’s most famous gold coin, and has been struck from 22 Carat Gold to the exact same specification since 1817.

To mark the 200th anniversary of the ‘modern’ Gold Sovereign, The Royal Mint has created a milestone in numismatic history by issuing the first ever Piedfort Sovereign.

Piedfort coins are some of the finest examples of British craftsmanship and the Gold Proof Piedfort Sovereign is no exception.

Prestigious reputation

blog image - 200 years of the Sovereign. The UK’s First Ever Gold Proof Piedfort Sovereign.

You can really see the difference in thickness of the Piedfort when compared to the standard issue.

The very first Piedfort can be traced back to the 12th century. First minted in France, the name directly translates to ‘heavy measure’. The striking of Piedfort coins began later in England, however examples are known to date back to the reign of Edward I.

Piedforts were considered prestige pieces and ownership was often used as a means to signify a person’s wealth and power.

2017 gold sovereign proof piedfort in display case - 200 years of the Sovereign. The UK’s First Ever Gold Proof Piedfort Sovereign.

Today, Piedforts continue to be limited issues and striking of such pieces is reserved strictly for the most important events. Therefore, it seems fitting the UK’s first Piedfort Sovereign has been struck to mark 200 years of the Sovereign.

From today, for the first time ever, collectors will be able to own the Piedfort Gold Sovereign and with an edition limit of just 3,500, this new release is sure to be one that will be treasured in years to come.


If you’re interested…

You can now own the First Ever Gold Proof Piedfort Sovereign, but with such a tiny edition limit, they won’t be available for long. Sign up below if you’d like to be contacted about owning this UK first:

The coins behind the Ancient Greek myths…

Ancient Greek civilisation provided the foundations for Western culture. One of the empire’s most recognised legacies is Greek mythology, which had an extensive influence on arts and literature in the West. Greek myths tended to describe the lives of Greek Gods including their births, victories in battle, love affairs and their connection to certain city-states.

One artifact which pays homage to Greek mythology is Ancient Greek coinage. Greek currency was the first to be minted on an imperial scale and has influenced commerce across the world.

Coins were hugely important as a medium of exchange and an important store of value and source of prestige. Greek coins used a combination of figures, symbols and inscriptions to symbolise each ruler’s territory. Each city state in Ancient Greece was said to be protected by a certain character from Greek mythology and one of the most identifiable features of Greek coinage are the Gods and Goddesses which are struck on many of the coins of the time.

I have taken a look at some of the most famous myths that were struck on coins from the time, some over 2,000 years old!

Zeus ‘King of the Gods’ 

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The Zeus ‘King of the Gods’ Bronze Coin

Issued in the 2nd century BC this coin depicts Zeus the chief of the gods and believed to be the ruler of mankind. It’s believe that Zeus saved his brothers, Poseidon and Hades, after they had been eaten by their father Cronus. The three of them divided creation between them. As the Father God, Zeus was the dispenser of good and evil and the upholder of morality.

Hercules ‘Son of Zeus

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The Ancient Greek Hercules ‘Son of Zeus’ Coin

Alexander the Great often issued coins depicting himself dressed as Hercules, wearing a headdress made of the scalp of the Nemean lion – one of Hercules’ “12 tests”. Hercules is famed for being the strongest of all mortals. However, his physical power was offset by a lack of intelligence and strong emotions. Many of Hercules’ great deeds occurred while doing penance for stupid acts done in anger or carelessness.


Apollo ‘God of Music’

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The Ancient Greek Apollo ‘God of Music’ Coin

This coin is an example of one of many coins issued depicting Apollo, the son of Zeus. Apollo is considered a complex god of many things including music, poetry, art, oracles, archery, plague, medicine, sun, and knowledge. He is often depicted playing the lyre and is represented as an ever youthful god.

 


Ares ‘God of War’

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The Ancient Greek Ares ‘God of War’ Coin

Issued in the 1st Century BC this coin depicts Ares, the God of war and violence. Fittingly the reverse of this coin features a sword. Ares was a superior fighter in battle and caused great bloodshed and destruction, but he also had a reputation for being cowardly.

 

 

The Dioscuri ‘Patron Saint of Sailors’

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The Ancient Greek Dioscuri ‘Patron Saints of Sailors’ Coin

This coin features the Dioscuri; the twin brothers of Castor and Pollux. Pollux, the son of Zeus, was immortal but Castor was mortal. When Castor was murdered, Pollux asked his father Zeus if he could share his immortality with his brother. So they transformed into the constellation Gemini, able to travel back and forth between Olympus and Hades. They are also known as protectors of sailors, able to calm the seas and winds in storms.

Gorgon ‘Medusa’

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The Ancient Greek Gorgon ‘Medusa’ Coin

Medusa was the only mortal of the three powerful winged Gorgon sisters. It is believed that Medusa was transformed into a monster by Athena. Medusa’s hair was made of snakes, although it is depicted as wild leaves on this coin, and she was said to be able to turn people to stone with a glance. She was killed by the hero Perseus, who used the metal of his shield as a mirror to avoid eye contact with Medusa.

Histiaea ‘Patron Saint of Histiaea’

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The Ancient Greek Histiaea ‘Patron Saint of Histiaea’ Coin

This small silver coin is known as a “tertobol” and weighs just over 2 grams. It pictures Histiaea, the nymph, on both the obverse and reverse. Histiaea was named after the ancient city of Histiaea on the second largest Greek island, Euboea. Mythical Naiads lived in the lakes here and being immortal, were invited to the assemblies of the gods on Mount Olympus.

 


Poseidon ‘God of the Sea’

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The Ancient Greek Poseidon ‘God of the Sea’ Coin

Poseidon was worshipped as the god of the sea, earthquakes and horses. Poseidon is often portrayed with his best known weapon, the trident, which he used to shake the earth and create storms, causing devastating earthquakes and tsunamis. It is this trident that is featured on the reverse of this coin. The coin was issued by the Syracuse in the 3rd Century BC, as Poseidon was greatly important to them as a maritime city/state.

Tyche ‘Goddess of Cities’

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The Ancient Greek Tyche ‘Goddess of Cities’ Coin

Tyche was the personification of fortune and controlled the luck and prosperity of a city. On this coin she is depicted with a crown of city walls and the reverse depicts a cornucopia, a symbol of good fortune. Tyche was said to have carried a large horn containing riches, which she would sporadically spread to individuals and cities. When no cause could be discovered for events such as floods, droughts or political upheaval, they were often attributed to Tyche.


If you’re interested…

ancient greek mythology coins zeus - The coins behind the Ancient Greek myths...

Now you have the chance to own The Zeus ‘King of Gods’ Bronze Coin, which is over 2000 years old. How many people can say they own a piece of ancient history whose story has had such impact on the world today?

So if you want one, click here for details before they sell out.

“Penny not at top of agenda” – President Obama joins the debate

The man responsible for the world’s biggest economy blamed too many more pressing issues when questioned  on why the US is still spending millions minting its penny when other countries have got rid of it.  

us pennies - "Penny not at top of agenda" - President Obama joins the debate

Should the US Penny stay or go?

But during the recent online Q & A, President Barack Obama did give his strongest hint yet that it might be time for America’s lowest value coin – which costs 2.4 cents to produce and circulate – to go once and for all.

Drop the penny and save a mint?

In 2009, the US Government lost nearly £20m minting its one-cent coins. That figure had trebled to almost £60m just two years later. At a time of global recession, many argue that ditching the penny would be an obvious cost-cutting measure. Like many others around the world, the UK included, the US penny can’t even buy itself.

Not a top priority

But is it quite as simple as that? Obama may be President of the world’s most powerful nation but even he needs legislation from Congress who, not surprisingly, has other more important things to do.  And should the penny go, the five cent Nickel coin would be used more and that costs nearly five times more than the penny to put into circulation at 11.2 cents.

The end of the Canadian penny

As regular readers of this blog will know, should the bill ever go ahead, the US would be the latest in a long line of countries to eliminate its smallest denomination coin. Its North American neighbour stopped its production of the penny in January  after more than 150 years.

But Americans it seems are just as sentimental as we Brits are about holding onto a part of our numismatic heritage – despite the fact we can do very little with our pennies but save them for a very rainy day …