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 >>>

Could you be hiding a small fortune in the attic?

I am sure we have all dreamt of stumbling across a dusty old stamp collection or long forgotten silver coin secretly worth a small fortune hiding somewhere in the house.

Unfortunately I am yet to stumble across my fortune in the attic, but this dream recently came true for a grandmother from Hull when she found a 1644 Oxford Crown in her late grandfather’s coin collection.

Charles I Oxford Crown Replica Standing 1 - Could you be hiding a small fortune in the attic?

The reverse of the Silver-plated Charles I Oxford Replica coin, depicts Charles I on horseback with the City of Oxford in the background.

While clearing out her attic she found a shoebox of coins she had inherited from her grandfather decades ago. She initially offered the collection to her children, who rejected what they saw as ‘worthless junk’.

She then considered binning her collection of relics, before making the decision to have the coins valued along with a number of other family heirlooms.

That’s when she discovered that amongst her collection was the incredibly rare 1644 Charles I Oxford Silver Crown. This coin was struck for just one year and is considered by many numismatic experts to be one of the most beautiful British coins ever produced.

Struck in 1644, this crown was minted while the country was in the midst of a Civil War. The coin features a portrait of King Charles I on horseback placed against a fantastic rendition of the City of Oxford which was his headquarters during the English Civil War.

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King Charles I. Monarch of the three kingdoms of England, Scotland and Ireland from March 1625 until his execution in January 1649.

It is no wonder that this coin is so highly valued. It is incredibly rare, the design is one of the most intricate ever struck on a British coin and it marks one of the most significant moments in our nation’s history – the English Civil War.

The historic coin is expected to reach in excess of £100,000 at auction and the owner plans to use the money to help her granddaughter, currently expecting her first child, to fund a house deposit.

I think it’s time for me to have another dig around in the attic!

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If you’re interested…

For those not planning on bidding in the auction for this exceptionally rare coin, we have a limited stock of just 36 Silver-plated replicas available of the beautiful 1644 Oxford Crown. Click here to find out more >>>

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The life and reign of Queen Victoria told through her coins…

One of the things I find most interesting when collecting historic coins is the insight they give into the time they were struck and of the monarch who issued them.

A particular reign that has always fascinated collectors is that of Queen Victoria. During Victoria’s long reign only three major obverse portraits adorned her coins and they come together to chart the life and reign of one of Britain’s most popular monarchs.

Click here to secure the Official Victoria Half-Crown Portraits Set or read on for more information >>

The Young Head

The first effigy to feature on Queen Victoria’s coinage is known as the ‘Young Head’ portrait. This early portrait shows Victoria at the tender age of just 18, when she acceded to the throne.

The public in the early 19th century would not have been aware that the youthful Victoria depicted on their coins would soon become the leader of the largest Empire the world had ever seen and would reign longer than any British monarch before her.

The ‘Young Head’ portrait was extremely popular with the general public and remained on Victoria’s coins with only minor alterations for the majority of her reign.

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Young Head – This design graced most of Queen Victoria’s coinage right up to 1887.

The Jubilee Head

After 60 years however, it was decided that a new portrait was necessary to reflect Victoria as the elder stateswoman she had become. Victoria’s Golden Jubilee marked the occasion for a design change and Joseph Edgar Boehm was chosen to design a portrait for the 78 year old Queen.

However, Boehm’s portrait failed to gain the public’s admiration in the way its predecessor had. The portrait was met with ridicule by the general public who found the small crown balanced precariously on her head as unrealistic and almost comical.

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Jubilee Head – Designed in 1887  to mark her Golden Jubilee.

 The Veiled Head

The ‘Jubilee’ portrait was quickly replaced in 1893 after only six years, with what was to be the final obverse used on Victoria’s coinage. This new effigy was designed by Thomas Brock and shows a mature bust of the Queen with a veil representing her long period of mourning after the death of her husband Prince Albert.

Victoria was deeply attached to her husband and she sank into depression after his death. For the rest of her reign she wore black and the final portrait of the highly respected Queen represents this secluded period of mourning that came towards the end of her life.

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Veiled Head – The Jubilee Head design was short-lived, being replaced by Thomas Brock’s ‘Old Head’ or ‘Veiled Head’ design in 1893.

Together, these coin portraits tell the story of Queen Victoria, with each marking an important period from her long reign. All of these coins are now over 100 years old and for me they epitomise Victorian coin collecting.

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If you’re interested…

Today, just a handful of collectors have the opportunity to own each of these key portraits in the official Queen Victoria Half Crown Set.

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However, these historic coins are very difficult to source and we only have a limited number available.
Click here for more details >>