Posts Tagged ‘numismatics’
New Peter Rabbit coin breaks the internet – Silver Proof 50p sells out in HOURS
The record-breaking 2017 Peter Rabbit UK Silver 50p Coin
Britain showed itself as a nation of nostalgic coin lovers as the release of the new Peter Rabbit Silver Proof 50p brought the numismatic net to a standstill.
At one point The Royal Mint had over 50,000 people in a queue to access its website and The Westminster Collection also saw record traffic – with all hands on deck to keep the servers running.
All available Peter Rabbit coins were sold out before the newspapers even ran a story – and collectors who got in early were left feeling like they won the lottery.
30,000 coins gone in just a few hours
The pandemonium echoed the release of the 2016 Peter Rabbit 50p, which also caused a collecting frenzy but was limited to 15,000 coins. This year’s issue has an edition limit of 30,000 but the demand was also amplified.
The coin was fully allocated across the board by 4pm, but the queues were still long as collectors changed their focus to the Brilliant Uncirculated editions of the coin. Savvy buyers were desperate to bag what will go down in history as one of the UK’s most sought-after coins.
Beatrix Potter coins are big news
Fully allocated across the board by 4pm on its day of issue
The lucky few that secured the 2016 coin for £55 now own a coin that changes hands for up to £400 on Ebay. This year’s coin has already started appearing in auctions, and whatever happens it looks like the £60 retail price will turn out to be a bargain.
Undoubtedly a few speculators got in there but with demand so high it was literally first come, first served – leveling the playing field and making getting a coin a real achievement for anyone.
Did you manage to secure a 2017 Peter Rabbit Silver Proof 50p? If you were one of the lucky ones, let us know in the comments!
Still available…
We still have stock of the collector edition Certified Brilliant Uncirculated 2017 Peter Rabbit 50p available. Click here now to secure yours – you will also have the chance to pre-order the other three coins in the series.
Meet the FOUR new Beatrix Potter 50p coins…
Four new Beatrix Potter 50p silver coins have been revealed by The Royal Mint. Benjamin Bunny, Mr. Jeremy Fisher, and Tom Kitten all feature for the first time on UK coinage – whilst Peter Rabbit scampers back onto our currency for the second year in a row.
The four coins issued in 2016 created a collecting frenzy, crashing The Royal Mint’s website and selling out within days. And these new character coins are just as cute, just as evocative, and importantly – just as collectable.
Here’s a first look at the new silver coins, with details of when they are available…
The 2017 Peter Rabbit UK Silver 50p Coin
2017 Peter Rabbit 50p
Everyone’s favourite mischievous bunny is back – pictured in a familiar pose dashing away… presumably from Mr McGregor’s garden.
Probably Beatrix Potter’s most familiar character, the coin is bound to be sought-after.
Last year’s Silver Proof Peter Rabbit coloured coin now changes hands on Ebay for up to £400, underlining its collectability.
The 2017 Jeremy Fisher UK Silver 50p Coin
2017 Mr. Jeremy Fisher 50p
This silver 50p, due to be released in June, pictures the unlucky frog Mr. Jeremy Fisher – who only wanted to catch some fish for dinner for his friends but ends up almost being eaten by a trout.
Each of the Silver Proof editions is limited to just 30,000 coins. Given the level of demand for last year’s series this may well not be enough for everyone that wants one.
The 2017 Tom Kitten UK Silver 50p Coin
2017 Tom Kitten 50p
Available late July, the Tom Kitten Silver 50p features the original illustration from the front cover of Beatrix Potter’s book. The naughty kitten appeals to children everywhere with his antics and is another favourite character from the series.
All four coins have been struck to a fine ‘proof finish.’ It really brings the designs to life – and is often referred to as ‘the collector’s favourite’ due the high level of craftmanship required to achieve the result.
The 2017 Benajmin Bunny UK Silver 50p Coin
2017 Benjamin Bunny 50p
The last coin to be made available (slated for September) introduces another of the Rabbit family. Benjamin Bunny is Peter’s Cousin and leads him on another jaunt into Mr. McGregor’s garden. The illustration featured on the coin is taken from the original front cover.
I’m sure you’ll agree, these four coins are the perfect continuation of the series, and really capture the nostalgic charm of Beatrix Potter’s original stories.
But if there’s one lesson you can take from last year, make sure you get yours early – before they sell out!
If you’re interested…
200 years of the Sovereign. Part VI: The UK’s Premier Gold Coin
2017 sees the Gold Sovereign’s bicentenary, and to mark the occasion a special one-year-only design has been unveiled, recreating Pistrucci’s original 1817 engraving. It’s a truly fitting tribute and acknowledges the rich history of the coin which I’ve been exploring in these blogs. If you missed the previous posts you can start from the beginning here, but now here’s the final chapter in the sovereign’s history so far…
In Part V, I explored the decline in production of Gold Sovereigns as a result of World War I and the worldwide economic crisis, which lead to the end of the Sovereign. Until 1957 when it was revived once again…
Apart from one special limited edition commemorative issue for King George VI’s coronation in 1937, no Sovereigns had been struck since 1932. In 1953, Sovereigns were produced for Queen Elizabeth II for the Coronation Sets but they were for national collections, not collectors.
The Sovereign’s revival
The Mary Gillick Portrait of the Young Queen on the Gold Sovereign
Then in 1957, worldwide demand for the coins became so great that The Royal Mint resumed production of bullion gold Sovereigns for circulation. Not only would this satisfy demand, it would also blunt the premium that was making it so lucrative to counterfeit the coins.
These early ‘restoration’ Sovereigns of Queen Elizabeth II’s reign feature Mary Gillick’s portrait of the young Queen on the obverse, engraved especially for her new coinage.
The portrait design was changed in 1968 prior to Decimalisation in 1971, to a portrait by Arnold Machin. This portrait still features on postage stamps all these years later.
A new market emerges
Queen Elizabeth II’s reign has been a time of change for the Sovereign. A new market has emerged – the collector’s market.
In 1979, The Royal Mint produced the first proof version of the Sovereign of her reign. This higher grade version was limited to just 12,500 pieces and proved very popular with collectors.
With a newfound interest from collectors, it is not surprising that we have seen more design variations of the Sovereign than ever before.
A third portrait design by Raphael Maklouf was used from 1985 to 1997 and a fourth by Ian Rank-Broadley FRBS replaced this until 2015 when Her Majesty’s portrait was updated by The Royal Mint engraver, Jody Clark.
The UK’s Premier Gold Coin
We have also seen the introduction of commemorative one-year-only designs, which started in 1989 with the issue of a special 500th anniversary Sovereign, featuring a design similar to the first Sovereign in 1489. These special commemorative designs have become more and more popular.
Since then, there have been one-year-only designs for the Queen’s Golden Jubilee in 2002, the modern St. George and the Dragon in 2005, the Diamond Jubilee in 2012 and the Queen’s 90th birthday in 2016.
These limited editions have seen a surge in Sovereign collecting, cementing its position as the UK’s premier gold coin.
It’s universal appeal shows no sign of slowing. In recent financial crises, people all over the world clamoured for Gold Sovereigns.
The Sovereign’s reputation for quality and reliability remains and will remain for years to come and now the next chapter in the Sovereign story has been written…
Announcing the new UK Bicentenary Gold Proof Sovereign
The UK Bicentenary Gold Proof Sovereign
To mark the Bicentenary of the “modern” Gold Sovereign in 2017, The Royal Mint have just released a brand new Gold Proof Sovereign reprising Benedetto Pistrucci’s original engraving from 1817.
With a low edition limit of just 10,500 worldwide, a special one-year-only design change and a fine proof finish, the 2017 Bicentenary Gold Sovereign has all the elements to be one of the most collectable British gold coins of the 21st century. And now you can own one.