Posts Tagged ‘Coin Collecting’
Globalisation – the coin that launched it all…
The 1739 ‘Spanish Silver Trade Dollar’.
While I was watching “Civilisations” on the Beeb last week they mentioned how the introduction of the Trade Dollar was the first step in globalisation – this got me thinking, so I made a cup of tea and looked into the history of the Trade Dollar and it truly is a fascinating tale.
Way back in the 16th Century, the first trading currency came to be because of the popularity of the silver Spanish dollar (better known as pieces of eight – yes those!) in China and they created the “Dragon Dollar” or “Silver Dragon” which were not only used in China, but also became the preferred currency for trade with their neighbours.
In the 19th Century, the Chinese were defeated in the First Opium War and forced to open their ports to foreign trade. The British merchants from The East India Company were now able to take advantage of the silk, porcelain spice and tea trade in the Orient.
The Rise of the British Trade Dollar
Now, with so many routes to trade it made sense for each country’s traders to mint their own coins, from their own supplies of silver. BUT these new silver trade coins all had to be minted to the same specification as the famous Spanish Dollar weighing in at approximately 27g and minted in 0.900 silver. The trade dollar was truly born and trading was made easier for the world – hence the movement of goods (and people) became more prevalent and “globalisation” started.
The 1895 British Trade Dollar.
Our British Trade Dollar was first minted from 1895 and designed by George William De Saulles – a British coin with an eastern feel, it was exclusively for use in the Far East. For the first time on a coin, it showed a helmet-wearing Britannia holding a trident and the British shield with a merchant ship in the background.
Although The East India Company had been trading since the early 1600s, the introduction of the British Trade Dollar secured them as the single most powerful economic force of its time – tea, silks, spices and so much more travelling across the world on their ships not only for Britain, but also the rest of the Empire and Commonwealth. Without the original version of this coin we would be waiting for a cup of tea for a very long time!
A 21st Century spin on a 19th Century coin
The 2018 East India Company 1oz Silver Proof Trade Dollar.
This year, The East India Company is launching a coin that has been faithfully inspired by the original British Trade Dollar – The East India Company 2018 Trade Dollar 1oz Silver Proof Coin features Britannia surrounded by an oriental pattern. The obverse for the first time, displays the Ian Rank-Broadley effigy of Her Majesty Queen Elizabeth II surrounded by an arabesque cartouche.
A Faithful nod in these modern times to the coin that started it all.
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If you’re interested:
The 2018 East India Company 1oz Silver Proof Trade Dollar, limited to just 2,500 worldwide.
You can own the 2018 East India Company 1oz Silver Proof Trade Dollar, but you’ll have to be quick as just 2,500 have been issued worldwide! Click here to secure yours now >>
Brand New British Isles 50p marks the Queen’s 65th Coronation Anniversary
This year, Her Majesty the Queen celebrates her Sapphire Coronation Anniversary – 65 years since she was crowned at Westminster Abbey in 1953.
As the world’s longest reigning living monarch, she will be the first monarch in British history to celebrate a Sapphire Coronation, an historic achievement to be recognised as part of her record-breaking reign.
Elizabeth ascended the throne at the age of 25, upon the death of her father, King George VI in 1952. After a year’s mourning period, she was crowned Queen in a coronation ceremony steeped with tradition. Millions tuned in to listen to the ceremony on the radio and, for the first time ever, the proceedings were able to be watched on live television.
In celebration of the Sapphire Coronation, a limited set of special commemorative 50p coins have just been officially approved by Buckingham Palace.
Fittingly, the first coin is engraved with the words of the Coronation Oath,
The things which I have here before promised, I will perform and keep. So help me God.
The other four 50p coins each feature a different element of the Coronation: The St Edwards Crown, The Orb, The Gold State Coach and The Imperial State Crown.
The UK’s most collectable coins…
The 50p coin has rapidly become the UK’s most collectable coin, spurred on by the release of the Olympic 50p coins, the Platinum Wedding Anniversary and more recently, the incredible demand for the Beatrix Potter 50p coins.
Most importantly, each of the five coins in the Sapphire Coronation 50p Coin Set have been authorised by the Isle of Man Treasury, have full legal status AND a very limited number will enter circulation in the Isle of Man.
British Isles 50p coins like this rarely turn up in UK change, which is bound to make these some of the most sought-after circulating coins around.
The coins are all available now from The Westminster Collection, struck to a range of specifications, from Brilliant Uncirculated through Silver Proof, right up to a stunning 22 Carat Gold piece.
Due to its very limited nature, we will contact you directly to discuss owning the Gold Proof 50p.
Please complete the form below:
If you’re interested…
The 50p Set to mark the Queen’s 65th Coronation anniversary is available to purchase in Superior Brilliant Uncirculated collector’s quality.
Collect the A-Z of Quintessentially British 10p Coins
Celebrate all things quintessentially British with the 26 new 10p coins released into circulation this March. The Royal Mint’s A to Z Silver Proof Coin Series is set to create a collecting storm, with each stunning design featuring a much loved British icon, from the famed English breakfast to the legendary King Arthur. Which will be your favourite?
A is for Angel of the North, the largest UK sculpture, standing at 20 metres tall and welcoming visitors to Gateshead with outstretched, curving wings that are said to give a sense of embrace.
B is for Bond, James Bond. This coin features the unmistakable gun barrel and 007 logo from the nation’s favourite fictional Secret Service Agent and suave character, first brought to the Silver Screen by Sean Connery in 1962.
C could only be Cricket, the Great British sporting pastime and the country’s national sport since the 18th century. We don’t like cricket, we love it!
D stands for Double Decker Bus, famously recognised world-wide as an icon for London, with many of the city’s buses still remaining red as a symbol for the capital and as a much loved tourist attraction.
E brings us to the first mention of Great British food, the irresistible English breakfast, also known as a fry up and featuring much loved classics such as eggs, bacon, sausages, hash browns, beans, tomatoes, mushrooms and black pudding.
F is for Fish and Chips, another food lover’s favourite and British sea-side classic, with the first fish and chip shop opening in the 1860’s, although to this day there is much debate over whether credit is owed to the North or South of Britain for its origin.
G stands for Greenwich Meantime, with the Royal Observatory in Greenwich being famous as the home of the historic Prime Meridian of the World, dividing eastern and western hemispheres of the globe.
H is none other than the Houses of Parliament in Westminster, perhaps the most recognisable skyline along the River Thames for the past 300 years and meeting place to examine UK Government, laws, taxes and current issues.
I takes us to another classic sea-side treat, the Ice Cream Cone. With a multitude of flavours, toppings and types to choose from, everyone enjoys a scoop or two of ice cream on a British summer’s day.
J is for Jubilee and what better excuse could there be to bring the community together and get out the bunting for a Great British street party than to celebrate our much loved monarchs?
K stands for the myth of King Arthur and his Knights of the Round Table, fabled fifth century warriors of the Arthurian legend, believing in the code of chivalry and upholding the values of honour, honesty, valour and loyalty.
L is another British myth shrouded in mystery, the legend of the aquatic beast known as the Loch Ness Monster or ‘Nessie’ as commonly referred to in Scottish folklore, still yet to be officially discovered.
M stands for the humble Mackintosh, an essential item of clothing needed to battle against the Great British weather. Because when it rains, it pours!
N is for the NHS, or National Health Service, a hugely ambitious idea initiated in 1948 to bring good healthcare to all and now renowned as one of the best healthcare provisions in the world.
O is the mighty Oak tree, a symbol of strength and endurance and the national tree for England and Wales, arguably the most commonly known native British tree found in deciduous woods.
P has to be the Great British Post Box, resplendent in red and an iconic image gracing postcards and tourist souvenir shops across the country.
Q is a world renowned Great British value, forming an orderly Queue and waiting in line with good manners and patience. The people of Britain have queuing etiquette down to a fine art.
R stands for our beloved Robin redbreast, the UK’s favourite bird that can be seen year round, but most famously at Christmas time when they make a beautiful picture against the frost and snow.
S is the prominent prehistoric British monument, Stonehenge, consisting of a ring of stones from our Neolithic ancestors, forming one of the Wonders of the World and a source of both spiritualism and inspiration.
T could be none other than the quintessential British cup of Tea, brewed to perfection. The UK has been one of the greatest consumers of tea since the 18th century, with 165 million cups drank daily according to the UK Tea & Infusions Association.
U stands for a classic British symbol, the Union Flag, otherwise known as the Union Jack, which was first introduced in 1606 and flown at the main masthead of all English and Scottish ships.
V is for Villages, with Britain being known for its quaint communities and setting an ideal for living in a peaceful rural atmosphere, away from the hustle and bustle of city life.
W is the World Wide Web, invented by British computer scientist, Tim Berners-Lee in 1989 to open up the internet so that anyone, anywhere could use it, connecting the world with a single ‘universal space’.
X Marks the Spot of course! Throughout history, treasure hunters, great explorers and infamous pirates alike have set out to find hidden bounties buried at secret map locations marked with the letter X.
Y stands for the Yeoman Warder or ‘Beefeaters’ that nowadays stand ceremonially on guard at the Tower of London and were originally part of the Yeoman Guard, charged to personally protect the monarchs of Tudor times.
Z is the final coin in the series and stands for Zebra Crossing, used in the UK and worldwide to give right of way to pedestrians, but perhaps known most famously in the UK for the Abbey Road crossing featured in the iconic Beatles album artwork.
Let us know your favourite by commenting below.
If you’re interested…
You can own all of the A-Z 10ps in Silver Proof quality now.
