Posts by Chris Bowditch
The day I took 800 coins to the sky in a WWII Spitfire
Last Saturday I had the opportunity to see the RAF’s most famous plane up close and personal. That’s because on the 24th March I drove up to the historic Duxford Aerodrome to have 800 of the brand new Spitfire £2 coins flown in an original WWII Spitfire.
I arrived at 9am but unfortunately the chance of flying was in doubt because of the poor visibility caused by low lying clouds. The rest of the morning was spent nervously looking at the sky waiting for enough visibility for the pilot to safely take the 74 year old warbird into the air.
Our pilot for the day was Flight Lieutenant Anthony Parkinson MBE, known as Parky. The delay caused by the weather gave me the opportunity to talk with Parky about his time in the RAF and how the Spitfire compares to the modern jets he has flown during his time with the RAF. You can see Parky discussing his career and the Spitfire in the video below.
The wait for take-off also gave me the opportunity to sit in the cockpit of the famous fighter plane and experience some of what it would have been like for the young pilots who sat in the same cockpit to defend Britain in the skies over 70 years ago.
Finally at 2.00pm the cloud cleared enough for a small pocket of visibility to take the Spitfire into the air. We quickly pushed the Spitfire out of the hanger and Parky secured the 800 Spitfire £2 coins into the wing bays which would have once held the plane’s armaments.
At 2.20 Parky prepared the plane for take-off. Standing a few yards from the plane whilst it’s famous Rolls Royce engine fired up was brilliant, and the Spitfire TD314 drew in a crowd nearby while it taxied along the runway.
Parky swiftly took the famous plane into the sky and gave me and the rest of the crowd a fly by. Despite the cloud cover it was still fantastic to see the Spitfire race through the sky at the hands of a former Red Arrows display pilot.
The brand new Spitfire £2 coin is a fantastic commemoration of the famous plane and I am grateful that I had the opportunity to mark the 100th anniversary of the RAF with such a fitting tribute.
Thank you to Ben Perkins, Flight Lieutenant Anthony Parkinson MBE and the rest of the team at Aerolegends for helping to take the Spitfire £2 coins to the sky and for giving me the opportunity to see this famous warbird in the flesh.
Signed edition Silver Proof £2 Spitfire coin.
If you’re interested
All 800 coins have now been sold. However, we will soon be flying the 4 times as limited ‘signed edition’ Silver Proof £2. Click here to pre-reserve yours now >>
The political scandal that created the 18th century’s most interesting coin…
It is hard to imagine a scandal taking place today where the political leaders of our country are arrested for causing the financial markets to crash. But that is exactly what happened when the ‘South Sea Bubble’ burst.
The ‘South Sea Bubble’ was a political and financial scandal that led to the arrests of leading members of Parliament and the near collapse of the stock market. From this turmoil one of the 18th Century’s most interesting coins was produced. Let me tell you how it happened…
The South Sea Bubble
A trading label of the South Sea Company
The South Sea Company at the heart of the scandal was a trading company with a monopoly on trade in South America. The company was heavily linked with the government of the day, and a number of MPs owned large shares in the company.
Because of their shares in the company, members of the government began using phoney insider information to convince investors of the huge potential in South American trade, and therefore the profitability of the South Sea Company.
However, once investors realised that there was insider trading taking place, the company’s share price collapsed causing a catastrophic loss of money and property.
Edward Matthew Ward’s depiction of the South Sea bubble (1846)
Frantic bankers and members of the gentry who had lost their life savings stormed Parliament and the Riot Act was read to restore order. An enquiry found that more than 500 members of Parliament had been involved in the crash and the Chancellor of the Exchequer was imprisoned.
The South Sea Company Shilling
Reverse of the South Sea Shilling
On the brink of collapse, the South Sea Company luckily stumbled across a horde of silver in Indonesia and sold the precious metal to The Royal Mint.
The silver was minted into coins in 1723 with distinctive ‘SS’ and ‘C’ notations on the reverse. The proceeds from this silver helped enable the South Sea Company to recover from the scandal and ultimately continue operating for another century.
The shillings struck with this silver are now almost 300 years old and are a relic of a financial and political disaster which shook the whole country.
If you’re interested…
Historic silver issues are extremely difficult to source, however we have a small stock of just 50 South Sea Shillings available for collectors. Click here to find out more >>
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
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.
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.
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 >>