Posts Tagged ‘Silver Coin’
This remarkable new Armistice Centenary issue is so unique its production techniques have been kept a closely guarded secret…
100 years ago this year, at 11 o’clock on 11th of November, the guns of war finally fell silent. The First World War was over.
While many fathers, sons, uncles and brothers came home, millions lay where they fell, on the Battlefields of Europe. Those who were lucky enough to be identified were placed in makeshift graves, often only identified by a rifle placed in the earth with his steel helmet placed on top as a final memorial.
To commemorate the Armistice Centenary, The Royal Canadian Mint have issued a remarkable new coin that honours each and every fallen soldier.
Struck in the shape of a WWI Brodie Helmet, it is more deeply curved surface than any other concave or convex-shaped coin I’ve seen before. The design is so unique in fact, that the Mint have kept the minting technique a closely guarded secret.
Although the original helmet would have been cast from Steel, this coin has been struck in the very finest .9999 or “four nines” silver, this is the purest grade of silver available. The Royal Canadian Mint is one of the very few Mints in the world with enough minting expertise able to strike coins with this incredible high relief finish. It’s an exceptional feat of craftsmanship.
What’s more the attention to detail is outstanding, each coin has been given a final antique finish and there are even engraved cracks and markings which complete the helmet’s battle-worn appearance. A reminder of the hardships endured by those who fought.
The amount of 2018 Silver ‘Helmet-Shaped’ coins available is very low. A worldwide edition limit of just 6,500 has been set by the Mint, but of course many of these won’t even make it out of Canada. Without any doubt, this has to be one of the most collectable issues ever struck.
The First World War will always be known as one of Man Kind’s darkest hours but poignant issues like this one allow us to remember those who have made the ultimate sacrifice.
If you’re interested…
We have just 500 WWI Lest We Forget Silver ‘Helmet-Shaped’ coins available for UK collectors, but to get one you’ll have to act quickly.
Click here for more details >>
Errors, Mules and Mis-strikes: Why the 2014 Year of the Horse Silver Coin is so sought after
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.
Examples of error coins – top: nickel brockage error, bottom: Indian 25 paise mis-strike
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.
Comparison of 2014 Year of the Horse error and non-error 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.
2014 Year of the Horse explanation of error
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!
If you’re interested…
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.
The Secret Life of Isaac Newton…
English mathematician, astronomer, and physicist, Sir Isaac Newton is one of the most famous scientists of all time. He is renowned for producing the single most influential book on physics ever written, The Philosophiae Naturalis Principia Mathematica, but not many people know that discovering why apples fell from trees and changing the way we understand the universe were not the only problems he dealt with…
Newton and the Counterfeiter
The Tower of London – Home of The Royal Mint for 500 years. From 1279 – 1812.
In 1695, The Royal Mint discovered that a large number of the UK’s circulating coins were fake. In fact, 10% of England’s coinage was known to be phony. Unable to keep up with the increasing intelligent counterfeiting methods they turned to England’s ‘brightest mind’ for help.
Sir Isaac Newton was appointed warden of The Royal Mint, with a sole purpose of enforcing laws against counterfeiting.
Most counterfeits were easy targets for Newton, but one man in particular kept eluding his grasp – William Chaloner.
Chaloner was a nail maker by trade but found a more worthwhile application for molten metals. The counterfeiter’s self-made wealth enabled him to pose in a way that matched his intellect.
Newton wanted nothing more than to finish Chaloner. He went into full detective-mode.
Newton undercover
Sir Isaac Newton
Newton constructed a strong case, using his network of informants and spies around London in a systematic way to form a complete representation of Chaloner’s actions. He even went undercover himself to obtain evidence from witnesses at pubs around the city. By the time the trial came, he had gathered eight witnesses.
The treason charge stuck – on March 3rd 1699, William Chaloner was sentenced to hang.
Later that year, Newton was made the Master of the Mint, a position he would hold until his death in 1727.
Master of the Mint
Newton took up his duties with effect from Christmas Day 1699. Immediately his active involvement in the affairs of The Royal Mint became undoubtable, he took the role very seriously before retiring from his duties at Cambridge in 1701.
He survived the political upheavals of those distressing times and in 1705 he was knighted by Queen Anne, making him just the second scientist ever to be knighted.
The first gold standard
During his role as Master of the Mint, Sir Isaac Newton wrote a report to the Lords Commissioners of His Majesty’s Treasury, as a result the relationship between gold and silver coins was forever changed by Royal proclamation at the end of 1717. It forbid the exchange of gold Guineas for more than 21 silver shillings. This meant that silver coins were being used to pay for imports, subsequently Britain saw a silver shortage – effectively moving the country from the silver standard to its first gold standard.
His Legacy to our coinage
The UK Sir Isaac Newton 50p
As a result of Newton’s vision, coins struck by The Royal Mint remain unrivalled in their accuracy and purity. He helped to make Britain’s currency one of the most respected and admired in the world. As one of the most famous figures to ever hold the role of Master of the Mint and author of the single most influential book on physics ever written it is entirely appropriate he is celebrated on a UK coin.
If you’re interested…
A brand new UK 50p coin has just been issued by The Royal Mint to commemorate the 375th anniversary of Sir Isaac Newton’s birth and his outstanding legacy.
You can own one today.