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Record demand for historic bullion coins, thanks to Diamond Jubilee

October 17, 2012 in Coins, Gold Coins

TheSouthAfrican.com

Purchasers of gold coins commemorating events such as the Diamond Jubilee, Football World Cup, London Olympics and the Titanic centenary have turned their attention to historic gold coins, according to the Scoin Shop, the UK and South Africa’s only gold coin retail chain, of which a record sales increase has been reported.

Sales of these historic coins from circa 1840 – 1910 from both Britain and the old South African Republic are up 50 percent on 2011 according to Scoin Shop sales figures, which has since launched a specialist division to offer customers these rare and valuable coins.

The most sought-after coins include the 1902 ‘Veldpond’ (translates to ‘Bush Pound’ gold coin) minted by hand by the Boers in the North Eastern wilderness of South Africa (Pilgrim’s Rest, Mpumalanga) during the final months of the Anglo-Boer war. British Royal Mint coins leading the demand include the ‘Una and the Lion’ – a gold £5 denomination Sovereign designed to commemorate the beginning of Queen Victoria’s reign, widely considered one of the most beautiful British coins ever struck.

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