Posts Tagged ‘Silver Coin’
All you need to know about the new 12-sided £1 Coin Collector Editions
The Royal Mint have released 1.4 billion brand new £1 coins into circulation in what is the single biggest change to the UK’s coinage since decimalisation.
It is, of course, a much anticipated day for coin collectors keen to own one of the first coins. But with enough £1 coins entering circulation for everyone in the population to own more than £20’s worth, the standard circulation coin will be two a penny – well at least two a pound.
That’s why serious collectors are looking to mark this numismatic milestone with something a bit more special – one of the collector editions being released by The Royal Mint, several of which have edition limits that seem certain to sell out quickly.
Here’s your guide to the most collectable versions of the new 12-sided £1 coin.
Perfect Quality. Very Affordable.
Of course, quality is everything for coin collectors, which is why The Royal Mint is producing a collector quality base metal version of the new 12-sided £1 coin. Unlike the coins you’ll find in your change, these pieces have been specially struck and carefully handled to ensure that they remain free of the scratches and chips found amongst their circulating counterparts.
Known as Brilliant Uncirculated (BU), they are available for £9.99 in a Royal Mint Presentation Pack or £5.99 in a Change Checker Certified Brilliant Uncirculated Collector Card.
Silver Proof – the Collector’s Favourite
Perhaps the most important of the Collector Editions is the Silver Proof £1 Coin. Silver Proof coins have all of the qualities that collectors really desire.
- Precious metal content – struck from 925/1000 Sterling Silver with 24 Carat Gold-plate to create the outer ring.
- Strict Limited Edition – just 25,000 individual coins. That’s HALF the number of Silver Proof £1 Coins that were issued for the original Round £1 Coin in 1983.
- Perfect Proof Finish – even better than Brilliant Uncirculated, Proof coins are struck several times using specially polished dies to create a flawless finish with a perfect mirrored background and frosted design. The ultimate in coin quality.
Double the thickness. More than five times as limited.
For silver collectors looking for something even more collectable, the double thickness Piedfort edition is likely to be the first of the £1 sell-outs.
That’s because collectors not only own a rare double-thickness new £1 coin but there are just 4,5000 of them – less than five times the maximum mintage for the standard £1 silver proof.
The Gold Standard
For the ultimate limited edition, you can own the Gold Proof £1 Coin. Struck from 22 Carat Gold with a red gold outer ring, just 2,017 single coins have been authorised for issue.
Due to its very limited nature, we will contact you directly to discuss owning the Gold Proof £1 Coin if you are interested – please complete the form below.
Sign up here if you would like to be contacted about the Gold edition:
If you’re interested…
You can own one of the special Collector Edition 12-Sided £1 Coins today, click here to view the full range.
The Story Behind the new Longest Reigning Monarch £5 Coin
This week a new £5 coin will be issued to mark Her Majesty Queen Elizabeth II becoming our longest reigning monarch on 9th September.
One of the very first coins has been issued by Jersey and I’ve been given exclusive access to go behind-the-scenes for the blog.
The new £5 coin has been designed by Timothy Noad, whose work has featured on many UK coins over the years. He has even designed the Gold Sovereign twice, an unprecedented honour which is testament to his passion and understanding of numismatic art.
This passion shows through in his design for the new £5 coin. Featuring an Oak Tree and the Royal Cipher surrounded by the inscription ‘1952 – Long to Reign Over Us – 2015’, the coin has a dignified and prestigious presence. I asked Timothy what gave him his inspiration for the design:
“The oak tree came to mind as an emblem with many relevant associations. The Royal Oak, as well as a popular pub name, is a well-known image and oak branches form part of the heraldic badge of the House of Windsor.
“It is also a symbol of Britain, endurance and longevity, so very appropriate for the Queen. Shields were hung on trees during medieval tournaments, often held in honour of a Queen or noble lady, and this shield bears the Queen’s personal cipher. I enjoy seeing how my drawings are translated into actual coins and I am very happy with this design.”
From Drawing to Finished Coin
But getting from an idea to a struck coin is a time consuming process, a real labour of love.
First of all the design is hand-drawn, and careful consideration has to be given to the shape and size of the engraving so it can be accurately minted. Then the wording has to be laid out, with the added complication of retaining the typesetting within the circular shape.
Finally, the finished drawing is scanned and processed, ready to be made into a die which will eventually be used to produce the commemorative coins you can own.
Limited Edition Versions Available
The most affordable limited edition version of the coin is the Proof Edition, featuring the addition of gold ink. Just 4,950 will be minted and these are sure to be popular.
The coin is also being struck in a range of other formats, from a face value version right up to a staggering 5 ounce gold edition – I’ve held one and its sheer scale took my breath away.
So there’s a type of coin for all collectors – and if there’s one thing I’m sure, it’s that this coin is a truly fitting commemoration of the remarkable reign of Queen Elizabeth II.
If you’re interested…
The Longest Reigning Monarch £5 Proof Coin is available to pre-order now.
***NOW SOLD OUT***
My top 7 most extraordinary coins of 2014
Last year was a vintage year for coin collecting. We saw technological advances, new minting techniques and even a stampede to own the year’s standout US gold coin. In light of this I thought you’d like a rundown of my top 7 extraordinary coins of 2014…
The highest-relief silver 5oz coin ever struck by The Royal Canadian Mint…
The 2014 Canada 5oz Silver Proof High-Relief Maple Leaf $50 is almost like a sculpture! To achieve this, technically enhanced tooling was created especially to sustain the additional minting pressure involved. I’m forever astonished by the impressive weight and size of 5oz coins, and with such high-relief detail, this one was a particular favourite.
The London Tower Bridge Silver Coin Bar…
London’s Tower Bridge is one of the world’s most famous landmarks, and now it has been immortalised on a meticulously crafted silver ‘coin bar.’ This unusually shaped coin boasts remarkable craftsmanship with a surprising level of detail for its size. In fact I consider this coin to be one of the most finely engraved coins that I have seen, making it a truly exceptional issue.
You could add the world’s most famous painting to your collection…
The Mona Lisa is of course instantly recognisable, but in 2014 collectors got the chance to own their very own version. This distinctive rectangular silver coin is perfectly suited to show off the famous painting in the best way possible. The Mona Lisa is richly detailed in colour and it was the first time that I had ever seen a piece that combined numismatics with art in such a striking way.
The coin with a hidden secret…
I was mesmerised when I first saw this coin – because of the hidden secret you can reveal. Representing our home planet, the coin features a beautiful image of Earth surrounded by all eight planets in our solar system. But, all isn’t as it seems, as Earth has been highlighted with special ink so that when a UV light is shone upon the coin the planet is picked out, glowing blue against the rest of the background. For that reason this coin just had to be among my top 7 of the year.
The coin that caused a modern-day gold rush…
Remarkably, the 2014 JFK Gold Proof Half Dollar caused a stampede of collectors. The US Mint released the coin at the ANA World’s Fair of Money in August which saw hundreds of collectors queuing, running and trampling each other just to get their hands on one. Eventually, the Mint was forced to suspend sales to ensure the safety of their customers and employees. The rush was so intense that the police were called to calm things down. Don’t believe me? See for yourself! (click here to watch the YouTube footage)
Marking a poignant year with a charitable commemorative…
The ceramic poppy display at the Tower of London last year was a momentous dedication to the fallen, which inspired the nation. A ‘100 Poppies’ £5 Coin was also issued to mark the centenary of the First World War. For each sale, a donation was made to the Royal British Legion to support their work and provide financial, social and emotional support to all those who have served and are currently serving in the Armed Forces, and their families. The coin was an unprecedented success – alone raising over £40,000 for the Royal British Legion. It’s not surprising that this coin is no longer available, and having helped to raise such a large amount for the Royal British Legion there is no question about it being one of my top coins of 2014.
Struck using a metal rarer than platinum…
What makes this edition of the 2014 China Silver Panda Coin so special is the fact that it is plated with a metal even rarer than platinum – ruthenium. The Chinese 10 Yuan is already one of the world’s most sought after silver coins – but this collectable edition tips the bar by combining three of the world’s precious most metals, silver, gold and black ruthenium. Featuring both a famous design and a one-off finish, it isn’t difficult to understand why the edition limit sold out so fast. The few collectors who own this issue will appreciate just how lucky they are to know that there’s a chance this specification may never be available again.
Of course these are just a handful of the fascinating coins issued last year, and it’s this variety which makes coin collecting so compelling for me. Many have sold out now, but fortunately 2015 is already proving to be just as interesting. Did you manage to add any to your collection?
If you are interested…
There is still an opportunity to own one of these coins. With limited stock left, The London Tower Bridge coin is still available to own.
***MORE STOCK COMING SOON***