Posts Tagged ‘Royal Mint’
Do you own the UK’s rarest 50p piece? And it’s not Kew Gardens.
Last week a 50p coin that many thousands of people have found in their daily pocket change started to be sold on e-Bay for prices upward of £100.00. Or to put it another way, 200 times its actual value!
Only 109,000 1992 EC 50p were issued into circulation – roughly half of the Kew Gardens 50p.
It was all because the Royal Mint announced that the Kew Gardens 50p coins is the UK’s most scarce circulation coin, with just 210,000 pieces ever been placed into circulation. The result was a media storm and the inevitable overnight ramping of prices.
Half the circulation of the Kew Gardens 50p
But what few people realise is that there is an even rarer UK 50p piece that was issued in half the number of the Kew Gardens coin – just 109,000 coins.
The coin was issued in 1992 to mark the EC Single Market and the UK presidency of the Council of Ministers – perhaps not the most popular of topics, which maybe was the reason so very few were pushed out into circulation. But of course, its lack of popularity at the time, is the very thing that now makes its Britain’s rarest 50p coin.
Sadly, however hard you search, unlike the Kew Gardens 50p, you will not find this one in your change. That’s because it is one of the old-sized 50p coins that were demonetised in 1998.
The coin itself was designed by Mary Milner Dickens and pictures the UK’s place at the head of the Council of Ministers’ conference table. The stars represent each of the nations’ capital cities placed in their relative geographical position.
But it won’t be the coin’s clever design that will guarantee its numismatic interest for years to come. It is its status as the UK’s most rare circulation 50p is what will intrigue collectors and have them searching and saving up in years to come.
Are you interested in owning the UK’s rarest 50p coin?
The 1992 EC Single Market 50p
Limited stocks of the 1992 EC 50p coin are available from The Westminster Collection for £20.
NOW SOLD OUT
Media hype sees Kew Gardens 50p prices sky-rocket
The Kew Gardens 50p is the UK’s rarest circulation coin
The Royal Mint has announced that the Kew Gardens 50p coin is the scarcest coin in circulation today.
The result has been media hype that has seen prices for this everyday circulation coin sky-rocket. The Guardian first reported prices being paid of £24 for this 50 pence coin but since then the Daily Mirror and other media sources have identified coins selling for as much as £120 – 240 times it face value!
Even more incredibly, a Brilliant Uncirculated version of the coin in its original Royal Mint pack, which would have first sold for less than £10, was showing bids of £310 on e-Bay.
So how rare is this coin?
There are 940,000,000 50 pence coins in circulation and just 210,000 Kew Gardens 50p pieces were ever issued into circulation. That means that they account for 0.02% of the 50p coins in circulation. Or to look at it another way, there is just 1 coin for every 300 people in the UK.
It is a pretty rare coin but despite collector interest, most of the coins released are still in circulation, meaning the sharp-eyed collector can still find one for just 50p. So whilst it may be worth a sensible premium if you’re desperate to own one, prices of £100 are frankly absurd.
If I was you, I’d let the hype die down and look again in a month or two.
Read about the 50p that’s even rarer than Kew Gardens>
For more information on the coins in your pocket and change collecting visit www.changechecker.org.
The low-key Christening that’s of high interest to collectors.
Prince George Louis Alexander of Cambridge is set to make his second public appearance in his early life, amid a frenzy of public interest both here and around the world.
However, when the young Prince is baptised at the Chapel Royal in St James, there could be fewer than 60 people in attendance. All the public will see and hear of the 45-minute ceremony is the official photos and a few details which William and Kate choose to release the following day. So far the only photographs are family snapshots taken by Kate’s father Michael Middleton.
Australia have released their own Prince George commemorative coins
William and Kate’s wedding along with Prince George’s birth on 22nd July has been credited with bolstering the popularity of Britain’s Royal family both home and abroad.
Millions of people around the world watched live coverage of the Duke and Duchess leaving the hospital with their sleeping son – the only public sighting of George to date.
Australia and Canada among other Commonwealth countries have issued their own tributes to Prince George as the popularity of the Royal family continues to grow internationally.
In fact, Australia was the first major country to feature an image of young baby George on a commemorative coin – with a design portraying him with his proud mother and father.
Despite being held behind locked gates, royal fans are still expected to descend on St James’ Palace to soak up the atmosphere and wait patiently for a glimpse of the young Prince.
By removing the grandeur of the occasion, there is secrecy and intrigue surrounding the ceremony which has led to a surge in demand from collectors looking for a keepsake from what remains a hugely significant Royal event.
The DateStamp Royal Christening Sovereign is a collector’s favourite
In terms of commemorative coins, limited edition issues like the DateStamp™ Royal Christening Sovereign have been snapped up. Collectors not only look for the history and heritage of a Sovereign which you would expect for a future King, but also recognise the unique appeal of an Official Royal Mail postmark on the day of the Christening which captures the moment forever. With an edition limit of only 495, there has been a last-minute scramble to try and secure one.
Traditionally, it is seen as good fortune to cross a newborn’s palm with a silver coin, which also explains the incredible popularity of the Prince George Silver Proof £5 – struck from Sterling Silver and limited to just 2,013 pieces.
It’s certainly not a day that young George will remember, but for millions of others around the world, the christening of the future King of England is a day to be commemorated.