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 Replies: 12 / Views: 3,974 |
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Pillar of the Community
United Kingdom
1661 Posts |
Seems that The Royal Mint is expanding their bullion coin offerings.  Information from the web site I saw the coin on. "For 2014 The Royal Mint are producing a stunning new bullion coin. The composition of the coin is .999 fine silver, bringing it into line with most other bullion silver coins. Demand for this release of the new design coin for the UK will be high as it is a 'first release', so get them while you can at this price level. The NEWEST and purest legal tender silver coin of the realm Contains one ounce of .999 fine silver and measures an impressive 39mm in diameter. The first coin of the Shengxià o Collection to be released in the UK for the Lunar Year of the Horse. Designed by Wuon-Gean Ho, a British Chinese artist and printmaker. CAPITAL GAINS EXEMPT coin as it is UK Legal Tender ISSUE LIMIT OF JUST 300,000 COINS." Ken |
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Pillar of the Community
 United Kingdom
1661 Posts |
This is what they say about the Britannia bullion coin. "For 2014 The Royal Mint are again using the now classic 'Portrait of Britannia' design created by a Philip Nathan back in 1987, which was used on the first Britannia Gold coins back in 1987. HOWEVER, the composition of the coin is now .999 fine silver, bringing it into line with most other bullion silver coins. Demand for this release of the classic design will be high as per usual with new Britannia's, so get them while you can at this price level. The largest and purest legal tender silver coin of the realm Contains one ounce of .999 fine silver and measures an impressive 39mm in diameter. CAPITAL GAINS EXEMPT as a UK Legal Tender Coin" So which coin is the largest and purest legal tender silver coin of the realm? Ken |
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Pillar of the Community
United Kingdom
548 Posts |
Well, to be frank the lunar coin is stupid. I mean it's a nice design but the lunar calendar has got nothing whatsoever to do with Britain. This is transparently an attempt by The Royal Mint to ape the success the Perth Mint has had with their lunar series. It shows a total lack of inspiration. What next, are The Royal Mint going to start putting pandas on their coins? |
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Pillar of the Community
United Kingdom
1661 Posts |
I am glad that I am not alone in my thinking.
Ken
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New Member
United Kingdom
28 Posts |
I confess I wasn't impressed when I saw them initially. However, do we think they could be collectable? People like the idea of the lunar calendar and people like animals.
I can see them being popular. Does anyone agree with that?
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Pillar of the Community
United Kingdom
855 Posts |
Quote:
I confess I wasn't impressed when I saw them initially. However, do we think they could be collectable? People like the idea of the lunar calendar and people like animals.
I can see them being popular. Does anyone agree with that? Beanie Babies, plates with Christmas scenes or comical dogs on and Pandora bracelets all sell Mynki. Are they/ will they be worth anything in 20 years time .. probably not. Non-coin collectors will buy one for relatives maybe. Bullion collectors will buy if they are into animals or the Chinese calendar. And then we'll see people tut over sets of them on Bargain Hunt and Antiques Roadshow and say "Not much demand for these but they are silver so should get close to melt.."
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Valued Member
United Kingdom
68 Posts |
Agreed! (with Tom (Richard))
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Pillar of the Community
Germany
1039 Posts |
Maybe they will be targeting the far east. They write horse in traditional characters, as used in Taiwan, Hong Kong, Macau etc, but still, there is a lot of money floating around in China and they like their symbols, they like their investments. It could be a big money maker for the mint.
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Valued Member
United Kingdom
183 Posts |
people who own these should check if it's a mule.
I've got a few mules and am wondering if it will follow the kew
gardens 50p and drop in price after the initial hype.
only thing is there's estimated 38k mules versus 210k 50p's.
the guy from mcm said he'd sold all his mules to a collector
so there could be some demand.
any ideas?
HH
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Valued Member
Ireland
131 Posts |
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people who own these should check if it's a mule. It's an awful artistic rendition but clearly a horse rather than a mule imo. Sorry, couldn't resist that lol. Love the way the RM is trying to create more intrigue and interest in their coins, smart marketing move imo. Norm
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Valued Member
Ireland
131 Posts |
Quote:
people who own these should check if it's a mule. It's an awful artistic rendition but clearly a horse rather than a mule imo. Sorry, couldn't resist that lol. Love the way the RM is trying to create more intrigue and interest in their coins, smart marketing move imo. Norm
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Valued Member
United Kingdom
183 Posts |
I think they may have done it on purpose.
removing the mules leaves 262k regular lunar horse
bullion. much more in line with the 250k new £20
silver coin.
I like the dentils, makes the coin more interesting
HH
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New Member
United States
33 Posts |
As long as the RM doesn't regularly produce mint errors (e.g. mules), I can't see it being a big negative as long as the error isn't a something dramatic like an offset double-strike done for 500 2015 Somali silvers, where they used the gold reverse for the silver coin and tried to correct the mistake by restriking it with the silver die. Ugly attempt to fix a mistake. I was interested in the (2) 2014 2£ mules, but like a member above, didn't think the lunar horse reverse particularly interesting. I do, however, like the 2£ Britannia. So I did buy the 2014 mule Britannia coin, mostly because of the limited mintage. Also like the 2015 and 2016 'Plain Fields' 2£ Britannias, which I purchased because of the better look than the regular textured background; and second because the minting is limited to 10K. Someone mentioned they wondered was is the highest poundage coin. Late in 2015, the mint came out with a 50£ silver Britannia. Very different with a modernized look at Britannia (with a lion at her feet for emphasis). The 50£ is also unusual because it is only 34mm in diameter, but thicker, so properly encapsulating it is a bit of a challenge.  |
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Replies: 12 / Views: 3,974 |
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Posted 11/22/2013 09:14 am
