Posts Tagged ‘Royal Mint’
Witness a Historic Royal First by the Sovereign!
The brand-new UK 2024 Sovereign has just been revealed by the Royal Mint.
But what is the Sovereign?
When it comes to coins, few carry the weight of history and prestige quite like the Sovereign. From its humble beginnings in the late 15th century to its role as a symbol of British monetary stability and the grandeur of the British Empire, the story of the Sovereign coin is a fascinating journey through time. Join us as we explore the captivating history of this iconic gold coin in the video below.
The Birth of a Regal Coin:
The story of the Sovereign coin begins in 1489 during the reign of King Henry VII. This remarkable coin was aptly named the “Sovereign” and carried a face value of one pound. It featured a regal portrait of the reigning monarch on one side and the royal coat of arms on the other. This early version of the Sovereign set the stage for the coin’s enduring legacy.
The Tudor Period and Fluctuating Fortunes:
During the Tudor period, the Sovereign coin went through a series of changes in size and design. It was minted under various monarchs and experienced periods of discontinuation and revival, reflecting the turbulent political and economic landscape of the time.
The Great Recoinage of 1816:
The real turning point in the history of the Sovereign coin came during the reign of King George III. In 1816, a momentous event known as the Great Recoinage took place in the United Kingdom. It was here that the Sovereign received its iconic design featuring St. George slaying the dragon, a masterful creation by the Italian engraver Benedetto Pistrucci. This marked the resurgence of the Sovereign as a symbol of British monetary stability and the reach of the British Empire.
A Star in the Gold Standard:
Throughout the 19th and early 20th centuries, the British Sovereign played a starring role in the international gold standard. Under this system, currencies were linked to a fixed quantity of gold, and Sovereigns were internationally recognised and accepted. They were both a symbol of British power and a vehicle for international trade.
The End of an Era:
The golden age of the Sovereign coin gradually faded with the dawn of the 20th century. The upheaval of World War I and the changing global economic landscape saw the United Kingdom officially abandon the gold standard in 1931. Gold coins, including the Sovereign, ceased to circulate.
A Collector’s Treasure:
Though no longer in everyday use, the Sovereign coin remains a beloved and coveted item among collectors and investors alike. The Royal Mint continues to produce gold Sovereigns in various designs and sizes, making it a timeless piece of numismatic history.
This years production of the 2024 Sovereign combines Pistrucci’s timeless design with the official coinage portrait of King Charles III, meticulously created by Martin Jennings, for the first time ever.
BRAND-NEW UK Snowman™ 50p released!
Today, the Royal Mint have launched their brand-new SnowmanTM 50p coin, just in time for Christmas.
It’s safe to say this coin is destined for sell-outs, given that in the last five years EVERY edition has sold out in record time.
Read on to find out more about this year’s designs, and those tiny edition limits…
Designed by Robin Shaw
This years design features ‘The Boy’, James, and the Snowman dancing in a snowy forest in front of the Northern Lights.
It has been carefully illustrated by Robin Shaw, a renowned animator who has famously produced all of the images that have appeared on the Snowman UK 50p coins. The design is especially eye-catching in Silver, due to the advance colour-application that brings the Northern Lights to life.
Although the design may be stunning , it’s the edition limits that will be catching the eye of collectors…
Sell-outs expected…
The limited-edition Silver Proof coin has an edition limit of just 5,000.
To put that into context, the 2018 SnowmanTM Silver 50p sold out an edition limit of 15,000.
That means this year’s coin is three times as limited. When you think about it, should every collector who secured the first coin want this latest release, we are already 10,000 short.
And that’s not all, the Gold Proof coin has had a drastic edition limit cut from 300 coins last year, to a minute 100. Again, this coin has sold-out year on year and the small numbers wont be enough to satisfy demand.
How to secure yours
This UK 50p coin is available in three specifications: Gold Proof, Colour-Printed Silver Proof, and Brilliant Uncirculated Quality. A specification for every collector. Click here to secure the perfect christmas present before it’s too late >
The UK’s NEW Coinage
The coins that we use every day are changing.
From the 1p to the £2, eight new coins will soon be entering our pockets and our piggy banks.
So, as we welcome the new era of King Charles III, both the ‘heads’ and ‘tails’ of our circulating coins will have brand new designs.
Read on to unveil The Royal Mint’s brand-new designs, learn about the history of Definitive coins and why this is the biggest change for British coins in 15 years…
The Coins of a New ‘Carolean’ Era
The coins, each designed by The Royal Mint, have been authorised by HM treasury and approved by King Charles III himself.
Over the past seven decades, our circulating coinage has undergone many changes, showcasing five different portraits of Her Majesty Queen Elizabeth II on the obverse, and two distinct reverse designs.
And even though we have seen His Majesty’s effigy on the obverse of several commemorative issues, this will be the first time we’ll see his portrait on the coins we find in our everyday change.
All reverse designs share a unique feature, setting each denomination against a stylised logo with 3 interlocking ‘Cs’, representing King Charles III.
Before they gradually enter circulation, The Royal Mint have introduced the first strike of these coins in commemorative quality – with a special Privy Mark…
Inspired by Our Natural World
What’s more, each coin embodies King Charles III’s passion for nature & sustainability, presenting various symbols of Britain’s vast wildlife on the reverse designs. Having been a Patron of The Wildlife Trust since 1977, Charles’ affiliation for the natural world was a key inspiration for the designs of the UK’s new coinage.
The new £2 coin design represents the union of the United Kingdom with intermingling flowers from the four nations of the UK: the Rose, the Thistle, the Daffodil, and the Shamrock.
For the £1, 50p, 20p, 10p, 2p, and 1p, The Royal Mint have thoughtfully translated various wildlife creatures into innovative reverse designs.
For example, the £1 coin presents a pair of Bees, the 50p showcases a Salmon in water, the 20p a Puffin, the 10p a Scottish Capercaillie, 2p a Red Squirrel, and the 1p a sleeping Dormouse.
Finally, the 5p coin features a stunning combination of oak leaves and acorns – a perfect tribute to our natural world and England’s national tree.
The History of ‘Definitive’ Coinage
The eight different coin denominations which make up our everyday change (1p, 2p, 5p, 10p, 20p, 50p, £1, £2) began circulating in 1971. This followed Britain’s shift towards Decimalisation, a plan which had been in the making for over 10 years.
Multiple artists participated in a private design competition, and among them was Christopher Ironside, the chosen designer of the decimal coins. Ironside’s designs remained on the reverse of the definitive coins for 40 years, until Matt Dent proposed the idea of spreading the Shield of the Royal Arms over the definitive coins in 2005.
“This piecing together of the elements of the Royal Arms to form one design had a satisfying symbolism – that of unity, four countries of Britain under a single monarch.” – Matt Dent
A Special Touch for Collectors…
The best part is, you can now secure the commemorative editions of the UK’s new coinage.
And in addition to new designs on both faces, these coins also feature a distinctive ‘Privy Mark’ on the obverse, a unique and sought-after element.
Designed to distinguish these coins from the ones you’ll eventually find in circulation, the first commemorative strikes display a delicate crown positioned alongside the effigy of His Majesty.
From the official Brilliant Uncirculated pack, to the prestigious Proof Set, or the strictly limited DateStampTM, you can click here to view the range with prices starting from £33 (+p&p) and secure yours before it’s too late >