You are browsing the archive for British Coins.

by admin

United Kingdom: Mr. Jeremy Fisher, second 2017 Beatrix Potter coin, now available

June 13, 2017 in Blogs, British Coins, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Entertainment, History, New Releases, News, Numismatica, Numismatics, Offers, Precious Metals, Press Releases, Proof Coins, Royal British Mint, Silver, Silver Coins, UK Coins, World Coins

By: World Mint News Blog world.mintnewsblog.com (News and Commentary on World Coins)

The second release in the Beatrix Potter 2017 Collection features Mr. Jeremy Fisher—the first time the character has appeared on an official U.K. coin. The Tale of Mr. Jeremy Fisher, the eighth of Potter’s little tales, follows the frog in his waterproof mackintosh and galoshes through a day of fishing adventures.

Once upon a time there was a frog called Mr. Jeremy Fisher; he lived in a little damp house amongst the buttercups at the edge of a pond.The water was all slippy-sloppy in the larder and in the back passage.But Mr. Jeremy liked getting his feet wet; nobody ever scolded… Full article at the source>

Source: world.mintnewsblog.com (News and Commentary on World Coins)

Share Button

by admin

COINEX 2016 London Sees Increased Visitors and Lives Up to Its Reputation as Premier Coin Event

October 7, 2016 in Auctions, British Coins, Coin Shows, Coins, Coins for sale, Collecting, Conventions, Education, English Coins, Entertainment, Events, History, Investing, News, Numismatica, Numismatics, World Coins

By: Michael Alexander News.CoinUpdate.com (Coin Update News)

coinex-1

The 38th renewal of the British Numismatic Trade Association’s premier international show, COINEX—a much-anticipated annual numismatic event—took place this last weekend, and it easily lived up to its reputation as one of the more important international numismatic events for both British and foreign dealers. To many, the show was a resounding success, with greater attendance figures and an increased list of dealer-participants as compared to past years. Held on Friday, September 30, and Saturday, October 1, this year’s COINEX was sponsored by St. James’s Auctions, a subsidiary of Knightsbridge Coins, and hosted at one of London’s more popular and exclusive… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

Share Button

by admin

Royal British Mint Issues New “Queen’s Beasts” Gold and Silver Bullion Coins

March 29, 2016 in Blogs, British Coins, Bullion, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, English Coins, Gold, Gold Bullion, Gold Coins, History, New Releases, News, Numismatica, Numismatics, Offers, Precious Metals, Royal British Mint, Silver, Silver Coins, UK Coins, World Coins

By: Dan Holmes world.mintnewsblog.com (News and Commentary on World Coins)

Queens-Beasts-Lion-2oz-Silver-StackSMALL

The Royal British Mint has announced the release of an impressive new series of gold and silver bullion coins entitled “The Queen’s Beasts.” The series will pay homage to Queen Elizabeth II by depicting various heraldic animals symbolizing strains of her ancestry.

The first design, created Jody Clark, will be available on one-ounce and 1/4-ounce gold coins, as well as on two-ounce silver issues. The one-ounce gold coins can be purchased now from authorized bullion dealers, while the others issues are expected shortly.

96671_SlabSMALLThe obverse features… Full article at the source>

Source: world.mintnewsblog.com (News and Commentary on World Coins)

Share Button

by admin

Royal Mint Crown Coins Mark 200th Anniversary of the Battle of Waterloo

May 9, 2015 in British Coins, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Education, Gold, Gold Coins, History, News, Numismatica, Numismatics, Precious Metals, Proof Coins, Silver, Silver Coins, The Royal Mint, World Coins

By: Michael Alexander News.CoinUpdate.com (Coin Update News)

waterloo-gold-coin

The Royal Mint have launched the second crown to be issued this year which focuses on the two hundredth anniversary of the Battle of Waterloo – the decisive battle which turned the tide of European domination from one single entity or authority, that of the French Emperor Napoleon. The story of the battle in a real sense begins with the end of France’s thousand year old absolute monarchy in 1789 with the storming of the Bastille on the 14th July and what became regarded as the start of the French revolution. This event resulted in the overthrow of the autocratic Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

Share Button

by admin

History of the Angel or Angelot Coin

November 30, 2014 in Antique Coins, British Coins, Coins, Collecting, Education, English Coins, Gold, Gold Coins, History, News, Numismatica, Numismatics, Rare Coins, World Coins

By Michael Alexander News.CoinUpdate.com (Coin Update News)

Richard-III-Angel-coin

The angel or angelot was first introduced to the shores of England by King Edward IV in 1465 and the minting of these particular coins lasted until the reign of King Charles I. The obverse usually carried a depiction of St Michael slaying a dragon, which was a representation of the devil. On the reverse – a ship was also depicted.

Over time, the Angel varied in value from 6 shillings and 8 pence to… Full article at the source>

Source:: News.CoinUpdate.com (Coin Update News)

Share Button

by admin

A record £516,000 for royal coin: Incredibly rare sovereign bearing head of Edward VIII and struck before abdication sold at auction

May 9, 2014 in Antique Coins, Auctions, British Coins, Coins, Collecting, Commemorative, Gold, Gold Coins, News, Numismatica, Numismatics, Proof Coins, Rare Coins, UK Coins, World Coins

By Daily Mail Reporter May 8th, 2014. (http://www.dailymail.co.uk)

  • Coin is one of two gold ‘proofs’ struck before planned 1937 coronation
  • But it was never properly struck because Edward VIII stepped down in 1936

An incredibly rare coin bearing the head of Edward VIII has sold for a record £516,000, the highest sum ever paid for a British coin.

It is one of only two ‘proof’ gold coins that were struck ahead of the production of commemorative sovereign coins to mark the king’s coronation in 1937.

But in December 1936 Edward abdicated in order to marry US divorcee Wallis Simpson, before the sovereigns were made, making the coins redundant.

Today the coin collector who bought it said he would have bid another 50 per cent to secure the coin he called ‘the greatest and most famous British coin of all.

Full article and pictures at the source>

 

Share Button

by admin

Ancient coins are discovered

April 27, 2014 in Ancient Coins, Antique Coins, British Coins, Coins, Collecting, English Coins, News, Numismatica, Numismatics, Rare Coins, Silver, Silver Coins, Treasure, Treasure Hunting, World Coins

By: Richard Rush. April 27th, 2014 (http://www.loughboroughecho.net)

They will be examined and valued by the Treasure Valuation Committee at the British Museum

A GROUP of local metal detector users has unearthed five 400-year-old coins dating from the time of Elizabeth I on the Garendon Estate.

The Loughborough Coin and Search Society’s discovery came on September 29, 2013, on land owned by Squire De Lisle near Bedlam Farm, Hathern.

All five silver sixpences date from between 1560 and 1582, predating the Spanish Armada and William Shakespeare’s move to London.

Full article and pictures at the source>

Share Button

by admin

The die that struck Britain’s first coins?

April 11, 2014 in Ancient Coins, Antique Coins, British Coins, Coins, Collecting, History, Museums, Numismatica, Numismatics, UK Coins, World Coins

Ian Leins and Emma Morris, curators, Department of Coins and Medals, British Museum.  April 11th, 2014

One of the most recent acquisitions made by the Department of Coins and Medals is a highly unusual object – an ancient punch or ‘die’ used to manufacture coins in the second century BC. The die was found in Bredgar, Kent by a metal detector user in 2013 and is being used to shed new light on when the first coins were made in Britain.

The earliest coins found in Iron Age Britain date from around the second century BC and, until recently, it was believed that they were produced in Gaul (a region roughly equivalent to modern day France and Belgium) and imported into south-east England. These coins, known as Gallo Belgic A, were based on the gold coinage (staters) issued by King Philip II, ruler of the Greek kingdom of Macedon from 359 – 336 BC and father of Alexander the Great.

Full article at the source>

Share Button

by admin

Coins! The Arielle Collection Part Two at Baldwin’s Auctions

March 28, 2014 in Antique Coins, Auctions, British Coins, Bronze Coins, Coins, Coins for sale, Collecting, News, Numismatica, Numismatics, Rare Coins, Silver, Silver Coins, World Coins

By: Yareah Magazine. March 27th, 2014 (http://www.yareah.com/)
The first day of Baldwin’s three-day May auction calendar will contain the second part of one of the most impressive British colonial coin collections to have ever been offered for sale by public auction.  Part One of The Arielle Collection sold through Baldwin’s Coinex auctions in September 2013, where every one of the 818 lots sold for an exceptional sale total of £505,092.
Compiled by a collector who sought out only the finest specimens, the second and final part of the collection will comprise 980 lots. His impeccable collection includes many pattern and proof coins from British Guiana, British Honduras, British West Indies, Hong Kong, Straits Settlements, Ceylon, Cyprus, Fiji, the Ionian Island and New Zealand.
The catalogues for all three auctions will be available to view online at www.baldwin.co.uk , and online biding with no additional premium is available through the services of www.the-saleroom.com.
Share Button

by admin

New twelve-sided £1 coin for 2017

March 19, 2014 in British Coins, Coins, English Coins, Money, News, Numismatica, Numismatics, The Royal Mint, World Coins

By: Howard Lake. March 19th, 2014. (http://www.fundraising.co.uk)

HM Treasury is to introduce a new £1 coin in 2017. It will have a distinctive twelve-sided shape, reminiscent of the threepence coin which was withdrawn at decimalisation in 1971.

The new coin will of course find its way into charities’ collecting tins.

It has been introduced to reduce counterfeiting of the £1 coin, which was introduced 30 years ago. The new coin “will be the most secure circulating coin in the world to date” according to The Royal Mint.

Video by: The Royal Mint

Full Article at the source>

Share Button

by admin

Sheffield metal detection fan nets ‘find of a lifetime’

March 13, 2014 in Ancient Coins, Antique Coins, Auctions, British Coins, Coins, Collecting, English Coins, News, Numismatica, Numismatics, Pennies, Rare Coins, Silver, Silver Coins, Treasure, Treasure Hunting, World Coins

March 12th, 2014 (http://www.thestar.co.uk/)

A unique penny dating from the reign of King Stephen over 850 years ago has been found by a Sheffield metal detecting enthusiast.

The silver penny – which is expected to fetch up to £10,000 at auction, and rewrite the history of early English coinage – was found in a field.

The coin, which dates from a chaotic period of civil war, will be sold at auction in London on April 2.

“This is an extraordinary discovery,” said Christopher Webb, head of the coins department at specialist auctioneers Dix Noonan Webb. “It is tremendously exciting.”

The man who found the coin – a joiner from Sheffield who wants to remain anonymous – was searching a field near Nottingham, with the farmer’s permission, last November.

He had already found a few low-value coins and buttons when his detector bleeped again.

“I dug it out and immediately I knew it wasn’t the run of the mill stuff I usually get,” he said.

“When I got it home I ran it under the tap. I didn’t dare do anything else with it.”

The man recorded his find with the authorities and got in touch with experts who revealed the coin was issued by Robert de Ferrers, second Earl of Derby, in the early 1140s.

Full article at the source>

Share Button

by admin

Shilling discovery could rewrite Canadian history

March 6, 2014 in Antique Coins, British Coins, Coins, Collecting, News, Numismatica, Numismatics, Rare Coins, Silver, Silver Coins, Treasure, Treasure Hunting, World Coins

By Clément Sabourin AFP March, 4th. 2014 (http://news.yahoo.com)

Victoria (Canada) (AFP) – An amateur treasure hunter with a hand-held metal detector has turned Canadian history on its head after finding a 16th century shilling buried in clay on the shores of Vancouver Island.

The 435-year-old coin discovered in western-most Canada has rekindled a theory that a British explorer made a secret voyage here two centuries before it was discovered by Spanish sailors.

Official historical records show the Spanish were the first Europeans to set foot in what is now Canada’s British Columbia province in 1774, followed four years later by British Royal Navy Captain James Cook.

Full article at the source>

Share Button

by admin

Gold Sovereigns that spans 525 years. The Hemisphere Collection at Baldwin’s auctions

February 24, 2014 in Antique Coins, British Coins, Coins, Collecting, English Coins, Gold, Gold Coins, History, Investing, News, Numismatica, Numismatics, Rare Coins, World Coins

By: Yareah Magazine February 23rd, 2014 (http://www.yareah.com/)

A collection of Gold Sovereigns that spans 525 years, 15 Monarchs and seven mints, will be offered for sale by London based auctioneers, A. H. Baldwin & Sons Ltd, on Thursday 8th May 2014. The comprehensive date collection of 394 Sovereigns from the earliest hammered examples to modern milled is entitled The Hemisphere Collection and follows hot on the heels of The Bentley Collection of British Gold Sovereigns, sold by Baldwin’s during 2013 for £3,994,638.

Formed over 10 years from 2003, the current owner’s fascination with the history of the Sovereign has culminated in the only private collection known to the auction house that contains examples of each and every monarch for the Sovereign denomination.

Full article at the source>

The Hemisphere Collection will be offered as a single sale in London on Thursday 8 May 2014. The catalogue will be available to view online at http://www.baldwin.co.uk/  and online biding with no additional premium is available through the services of www.the-saleroom.com.

Share Button

by admin

History’s home in a village

November 18, 2013 in Ancient Coins, Antique Coins, Art, Bank Notes, British Coins, Coins, History, Museums, News, Numismatica, Numismatics, Paper Money

By Hemant Kumar Rout 11-17-2013 (http://newindianexpress.com)

It is a treasure trove of antiquity buried in obscurity. The Odisha Rural Museum  is home to 6,000 rare coins and currency notes of around 200 countries, 7,000 postage stamps, 3,425 foreign and Indian paintings, 2,000 rare metals and stones, 3,000 books and magazines, old clocks, watches and much more.

Located in Maitapur village in Balasore district, 200 km from Bhubaneswar, it is the only museum of its kind in the state with a collection of nearly 30,580 rare artefacts that draw innumerable visitors, including students and research fellows.

However, it is not run by any government agency or corporate body. It is the labour of one man’s love and untiring effort. Kailash Chandra Mohanty, a retired employee of Indian Post and Telegraph Department, was determined to retain the historical significance of his native village which led to the creation of the museum.

During his tenure, Mohanty travelled across the country and collected artefacts over 50 years. He spent his own money and established the museum in 1985. Since Mohanty’s demise at the age of 74 earlier this year, his wife Janakilata Mohanty (67) has been managing the place.

There is no entry fee here and the museum is open from 10am to 4pm every day. Exhibiting ancient coins, foreign currency, century-old postal stamps, palm leaf manuscripts, musical instruments, ancient weapons and armoury, the three-room museum is a confluence of world culture.

Full article at source>

Share Button

by admin

Silver bullion from sunken WWII ship makes it to the Mint at last

October 1, 2013 in Ancient Coins, Archaeology, British Coins, Coins, Commemorative, News, Ship Wrecks, Silver, Silver Coins, The Royal Mint, Treasure, Treasure Hunting, UK Coins, World Coins

Coins commemorating 1941 sinking of SS Gairsoppa are part of 100-tonne haul recovered from North Atlantic

By: Maev Kennedy  theguardian.com

Commemorative silver coins are being struck from shipwrecked bullion that arrived at the Royal Mint more than 70 years late, after a German torpedo sent the ship carrying it to the bottom of the North Atlantic during the second world war.

The coins, intended for collectors, are made from part of a haul of almost 100 tonnes of silver recovered from a wreck lying three miles down, deeper than the Titanic. The silver is valued at up to £150m, the largest quantity of precious metal ever recovered from such a depth.

The coins show the doomed ship SS Gairsoppa, which sank on 17 February 1941 off the Irish coast after it was hit by a single German torpedo fired by U-boat U-101 weighed down by 7,000 tonnes of cargo including thousands of tons of pig iron.

Full article at source>

 

Share Button

by admin

Thrupenny bit bearing the head of King Edward VIII before he abdicated his throne to marry Wallis Simpson on sale for £30,000

September 20, 2013 in Antique Coins, Auctions, Brass Coins, British Coins, Coins, Coins for sale, Collecting, Commemorative, History, News, Numismatica, Numismatics, Rare Coins, The Royal Mint, UK Coins

  • Royal Mint made the 12-sided coin dated 1937 after King George V died

  • Prince Edward succeeded his father but abdicated before his coronation

  • He was succeeded by his brother, King George VI, in December 1936

By SUZANNAH HILLS 17 September 2013 (http://www.dailymail.co.uk)

An incredibly rare coin bearing the likeness of King Edward VIII which was made before he famously abdicated his throne has emerged for sale for £30,000.

The 12-sided coin, worth just threepence when it was made, was an experimental piece produced by the Royal Mint after the death of King George V.

Edward automatically succeeded his father but abdicated before his coronation so he could marry American divorcee Wallis Simpson.

Full article at source>

 

Share Button

by admin

Stylish New Design for 2013 Gold and Silver Britannia Coins

July 15, 2013 in British Coins, Coins, Gold, Gold Coins, Investing, News, Numismatica, Numismatics, Proof Coins, Silver, Silver Coins, UK Coins

July 12, 2013 By Michael Alexander (http://news.coinupdate.com)

The Royal Mint have issued the new Britannia series with a stylish and classical new design as well as new products including for the first time, five ounce sizes for both silver and gold options. From 2013, the Britannia range will now include two design versions – that of the traditional depiction of Britannia by Philip Nathan as originally introduced in 1987 and a new second design which will be produced for one year only, this ensures that the Britannia range changes annually while also retaining a traditional and continual aspect for collectors of all tastes and budgets.

Full article at source>

Share Button

by admin

A bad penny? New coins and nickel allergy

June 24, 2013 in British Coins, Coins, Health, Nickel Coins, UK Coins

By Anna Lacey BBC Health Check (http://www.bbc.co.uk)

Tests suggest people with a nickel allergy can be at increased risk when handling the UK’s new 5p and 10p coins.

The coins, introduced in January 2012, caused a complete shake-up in the world of small change.

Instead of the copper-nickel alloy that’s been weighing down our pockets since 1947, new 5p and 10p pieces will be made from steel and coated with a layer of nickel.

To the untrained eye, there’s very little difference. They’ve got the same silver shine and the same jangle.

But for the 10% of the population who suffer from a nickel allergy, they could feel very different indeed.

Concerned dermatologists wrote to the British Medical Journal after the coins were released to call for a proper assessment of the health risks.

Full article at source>

Share Button

by admin

Falklands and Ascension coins to commemorate the life of Lady Thatcher

June 14, 2013 in British Coins, Coins, Commemorative, English Coins, Gold, Gold Coins, News, Nickel Coins, Numismatica, Numismatics, Precious Metals, Proof Coins, Silver, Silver Coins, World Coins

June 13th 2013. South Atlantic News Agency. (http://en.mercopress.com)

The Falkland Islands and Ascension Island have released two coins from Pobjoy Mint to commemorate the life of former British Prime Minister Baroness Thatcher who passed away at the age of 87 on 8 April 2013.

Known as the Iron Lady, Margaret Thatcher became Britain’s first and only female Prime Minister as well as the longest serving Prime Minister of the 20th Century and was honored with a ceremonial funeral with full military honors at St Paul’s Cathedral, the only politician to be granted such a tribute since the death of Winston Churchill in 1965.

Born in 1925, the daughter of a grocer, she studied chemistry at Oxford but was involved in politics from an early age. She was elected leader of the Conservative Party in 1975 and made history four years later, becoming Prime Minister when the Conservatives won the elections of 1979, the first of three victories under her leadership. As Prime Minister she took a firm stance with the European Community and also on other issues, both domestic and foreign and thus transformed the nation.

Full article at source>

Link to product page at islandstampsandcoins.uk

 

Share Button

by admin

New 5p and 10p coins release FOUR times more nickel on the skin than previously expected and could trigger eczema and allergies

June 1, 2013 in British Coins, Coins, Health, News, Nickel Coins

By JENNY HOPE. 31 May 2013 (http://www.dailymail.co.uk)

  • New cost-cutting coating ‘could cause cracked, sore hands and eczema’
  • Cases of nickel allergy have soared in recent years – it now affects one in 10
  • It was thought coins didn’t release enough nickel to trigger allergy
  • But doctors say previous tests were flawed, exposing public to high levels

Your loose change may do more than burn a hole in your pocket.

There are claims it could also give you sore hands because of the nickel in the new 5p and 10p coins.

Doctors have issued an allergy warning over the coins introduced in January last year after tests revealed they release four times more nickel on to the skin than expected.

Handling them regularly could cause the hands to become cracked and sore and also trigger eczema, a study has shown.

Full article at source>

 

Share Button

by admin

How to Spot £1 Counterfeit Coins

April 22, 2013 in British Coins, Coins, Counterfeit, English Coins, Numismatica, Numismatics, World Coins

The Royal Mint (http://www.royalmint.com)

The Royal Mint takes counterfeiting and fraud extremely seriously. To help identify genuine £1 coins we have prepared an easy-to-use guide and poster for you to download.

The Royal Mint regularly conducts surveys to estimate the level of counterfeit £1 coins in the UK. A survey undertaken in November 2012 found that the rate of counterfeit UK £1 coins in circulation at the time had reduced to 2.74% from 3.09% (as concluded previously in a survey undertaken in November 2011).

Provisions for various offences connected with the counterfeiting of coins are included in the Forgery and Counterfeiting Act 1981. Enforcement of these provisions is entirely a matter for law enforcement agencies, such as the police and the Crown Prosecution Service.

Full Article and .PDF Downloads >

Share Button

by admin

Coins: Builders Find Stash In Irish Pub

January 30, 2013 in Ancient Coins, Antique Coins, British Coins, Coins, Gold, Gold Coins, Treasure, World Coins

By: Sky News (http://news.sky.com) Tuesday 29 January 2013

A “fantastic” and “incredibly valuable” haul of gold coins dating back to the 17th century is found by builders fixing up a pub.

Builders working in an old pub in the Irish Republic have unearthed one of the most significant finds of gold coins ever recorded in the country.

Eighty-one coins, mostly guineas and half guineas dating back to the 17th century, were dug up from clay underneath floorboards in the fire-damaged premises of Cooney’s pub in the town of Carrick-on-Suir, County Tipperary.

Marie McMahon, the curator at South Tipperary Museum in Clonmel where the coins were first stored said: “We were told that they were gold and you never really believe it, normally you would find silver, but they were in fantastic condition.

“There are one or two coins buckled and one tarnished, but overall fantastic condition. They’d be incredibly valuable but legally we would not be allowed to discuss that.”

Full Article>

 

Share Button

by admin

New £2 London Underground Coins In Circulation

January 25, 2013 in British Coins, Coins, Euro Coins, World Coins

BY RACHEL HOLDSWORTH · JANUARY 24, 2013 (http://londonist.com/)

Check your change: from this week, two specially designed coins celebrating the Underground’s 150th anniversary go into circulation.

Designed by Edward Barber and Jay Osgerby, who were responsible for the 2012 Olympic torch, one coin shows a train emerging from a tunnel with edging reminscent of tube map interchanges. The other is a roundel with ‘MIND THE GAP’ on the side

£2 London Underground Coins

£2 London Underground Coins (Image from the Royal Mint)

Full Article>

Share Button

by admin

Kett’s Rebellion: ‘Hidden’ coin hoard declared treasure

November 29, 2012 in British Coins, Coins, Silver, Silver Coins, Treasure, World Coins

29 November 2012 (http://www.bbc.co.uk) BBC News Norfolk

A hoard of coins minted during Henry VIII’s reign and found by a metal detector enthusiast in a Norfolk field may have been buried to keep it safe during Kett’s Rebellion in 1549.

The 14 silver groats, found in a field in Wymondham, were pronounced treasure by coroner William Armstrong in Norwich.

Kett’s Rebellion during the reign of King Edward VI started in Wymondham.

They hoard was found in April 2011 by Steven Clarkson and Mark Turner.

Peasant protest

Objects which could qualify as treasure must be reported to the coroner under the 1996 Treasure Act .

Dr Adrian Marsden, of the British Museum, said in a report to the coroner it is “quite likely they (the coins) were hidden during the Kett uprising in July and August 1549”.

He said the coins “probably represent a small proportion of the hoard originally concealed”.

A valuation committee will decide on the value and compensation to be paid to the finder and landowner.

Full Article>

Share Button

by admin

Historic coins in demand

November 13, 2012 in British Coins, Coins, Gold, Gold Coins

By Moira O’Neill,  13 November 2012 (http://http://www.investorschronicle.co.uk)

The Diamond Jubilee has led to a record demand for historic gold coins

The Diamond Jubilee has led to record demand for historic gold coins, according to the Scoin Shop, the gold coin retail chain. Sales of historic coins from circa 1840-1910 from both Britain and the old South African Republic are up 50 per cent on 2011, according to Scoin shop sales figures.

Scoin Shop founder Alan Demby said: “We’ve reached a new direction of consumer interest not seen before, where it appears that sales of gold coins commemorating some of the UK’s most recent major events, such as the Diamond Jubilee and the Royal Wedding, are turning the attention of customers to historic, rare and valuable coins. It’s almost as if these modern day events, which people can closely identify with, are creating interest in historic coins which are predominantly higher in value because of their scarcity.”

Note that Mr Demby is referring to historic gold coins as opposed to bullion coins, which go up and down with the price of gold and the exchange rate. “All bullion collectors have seen their collection price increase two-fold, from the gold price and the dollar exchange rate,” he says.

Full Article>

Share Button
Translate »