Posts Tagged ‘UK Coins’

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.

 

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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.

 

UK 2014 Chinese Lunar Year of the Horse Silver Five Pound Error Coin Set - Errors, Mules and Mis-strikes: Why the 2014 Year of the Horse Silver Coin is so sought after

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.

 

N019 Year Of The Horse explanation - Errors, Mules and Mis-strikes: Why the 2014 Year of the Horse Silver Coin is so 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…ImageGen 300x286 - Errors, Mules and Mis-strikes: Why the 2014 Year of the Horse Silver Coin is so sought after

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.

Click here for more details >>>

The United Kingdom coin struck in New York

Today I would like to tell you a fascinating story about a very limited edition United Kingdom coin struck in New York almost 60 years ago.

It is extremely rare that United Kingdom coins are struck anywhere other than in the UK, however the New York Exhibition in 1960 presented a rare opportunity for The Royal Mint to take their minting expertise overseas.

New York Exhibition

Still struggling to recover from post-war austerity, the height of Great Britain as the dominant trading nation of the world seemed a distant memory in 1960.

Britain was desperate to revive its ability to trade internationally and so the New York Exhibition was organised to demonstrate the best of British manufacturing to the American market with the hope of increasing British exports to the United States.

The New York Exhibition Crown

UK 1960 NY Exhibition Uncirculated Crown blog beauty 300x200 - The United Kingdom coin struck in New York

The 1960 New York Exhibition Crown

A brand new coin was struck for the occasion and although it was somewhat overlooked in Britain at the time, it stands out today as one of the most interesting Royal Mint coins ever struck.

That is because although just over a million New York Exhibition crowns were minted in the UK, a very small number were struck at the exhibition in New York so that visitors could see the best of British manufacturing before their own eyes.

This limited edition coin was minted especially for the visitors to the exhibition and only 70,000 coins were struck – that is less than 7% of the mintage of the ordinary circulation version!

Could I own a limited edition New York crown?

Although they were struck with a specially polished die, there were no special mintmarks on the coins struck in New York making them extremely difficult to distinguish from the ordinary uncirculated version.

UK 1960 NY Exhibition Uncirculated Crown blog black OB 300x200 - The United Kingdom coin struck in New York

However, as the ordinary uncirculated coin was somewhat overlooked at the time in Britain it too has a surprisingly low mintage – less than a fifth of the 1953 Coronation Crown and less than 6% of the 1965 Churchill Crown.

Some of the unsold crowns minted at the exhibition were brought back to the UK by The Royal Mint, meaning that there are likely to be a small number of rare crown coins which were struck in New York buried in collections across the country.

This coin played a key role in boosting Britain’s trade relationship with the United States, and the fact that a very limited number were actually minted at the exhibition in New York makes it undoubtedly one of the most interesting UK coins of the 20th century.

UK 1960 NY Exhibition Uncirculated Crown blog 300x200 - The United Kingdom coin struck in New York

If you’re interested…

We are offering collectors the chance to own the New York Exhibition Crown struck in uncirculated condition (who knows, it might even be one of the rare coins that came back from New York!). To secure your New York Exhibition Crown for just £19.99 (+p&p), click here >>

Why you have just days to secure the new 2018 Gold Proof Sovereign

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The UK 2018 Gold Proof Sovereign

The new 2018 Proof Sovereign has been released today, but you may only have days to own one. Let me tell you why…

We’re in the golden age of the Proof Sovereign. In 2017, the UK Proof Sovereign, issued to mark 200 years of the Sovereign, sold out at The Royal Mint in just 4 weeks, and in July, this year, the entire mintage of Piedfort Sovereigns sold out on its FIRST DAY of issue.

First ever one-year-only mintmark

UK 2018 Gold Proof Sovereign Reverse Privy Mark 300x208 - Why you have just days to secure the new 2018 Gold Proof Sovereign

First ever one-year-only mintmark

Next year Her Majesty the Queen will celebrate the 65th anniversary of her coronation, becoming the first British monarch ever to do so. So to mark the anniversary, the Proof Sovereign features a special one-year-only mintmark for the very first time.

One-year-only mintmarks are only applied to coins for the most significant events and anniversaries and this is certainly an important one. In fact, it’s unlikely we’ll ever see a Royal anniversary as significant as this in our lifetimes.

22 Carat Gold Pedigree

The 2018 Sovereign is minted from 22 Carat Gold and it is this historical pedigree that makes the coin so admired and sought-after around the world.

It is also one of the finest examples of British craftsmanship. The exceptional ‘proof’ finish is the result of the coin being struck up to 4 times using specially polished dies.

The time and effort required to produce the frosted relief and mirrored background of the coin is why a proof finish is considered the pinnacle of the mint-masters art – and the most sought-after by collectors.

And with an edition limit of just 10,500 worldwide – the same edition limit as last year’s sell-out Proof Sovereign – the 2018 Gold Proof Sovereign has all the elements to be the most collectable gold coin of the year.


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The UK 2018 Gold Proof Sovereign

If you’re interested…

You can secure the 2018 Gold Proof Sovereign now, but you’ll have to act quickly.

Click here to find out how you can secure one today with an initial deposit of just £49.50 >>