Design changes – The guarantee for Sovereign collectability

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The 2017 Proof Sovereign – Already sold out at The Mint

The brand new 2017 UK Proof Sovereign features a one-year-only design to mark the bicentenary of the modern Sovereign and it sold out within a month of release.

The Royal Mint returned to the original Gold Sovereign design first released right back in 1817. It features Benedetto Pistrucci’s original garter design, surrounding the St. George and the Dragon engraving that is still considered synonymous with the Gold Sovereign today.

But the significance of this is much more than simply a beautiful design. Gold Sovereign design changes (of which there have only been 4 others during the whole of Queen Elizabeth II’s reign) have become some of the most collectable modern issues.

That has been borne out again by the fact that the brand new 2017 Proof Bicentenary Sovereign has already sold out it’s entire edition limit of 10,500 individual coins.

And if you take price as an indicator of scarcity, it’s clear which Sovereigns top the list in terms of collectability – a fact that is reflected in their Coin Portfolio Management selling prices today.

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This graph shows the Coin Portfolio Management selling prices of the 4 most collectable modern Sovereigns and The Royal Mint issue price for 2017

We have already seen the price of the 2017 UK Proof Sovereign jump from its initial Royal Mint release price of £430 to its current price of £695.

Creating a Modern Classic

Every time The Royal Mint has issued a Sovereign with a one-year-only design they have they’ve created a modern classic.

This is the fifth design change on the UK Proof Sovereign in the last 30 years and it looks certain to become as sought-after as the other four that feature a one-year-only design that will never be seen again.

Demand for these coins is stronger than ever today because they are so difficult to find, which is why they command a high price on the secondary market. Collectors wishing to compile a complete Sovereign collection simply have to have them and there is a big pool of collectors and investors who only focus on these one-year specials.

That’s why the 2017 UK Proof Sovereign will be a future classic.


2017-sovereign-boxCoin Portfolio Management still has limited stocks of the 2017 UK Proof Sovereign

Due to careful buying we still have limited numbers of the sold out 2017 UK Proof Sovereign available for Coin Portfolio Management clients.

Click here to find out more and secure the SOLD OUT 2017 UK Proof Sovereign for your Portfolio.

Rarest British coin ever made found

queen-anne-vigoThe rarest British coin ever made has been found.

In a 4-year-old’s toy treasure chest…

The coin, a Queen Anne Vigo coin, was passed on to a 35-year-old labourer from Essex by his late grandfather. He gave the coin to his 4-year-old son to play with when he bought him a toy treasure chest.

Fortunately, he took the coin to an auctioneer before it was wrecked just to check if it was worth something.

The shocked expert told him it was worth £250,000.

The labourer had to return the following day to check the expert hadn’t been pulling his leg.

The expert of Bonnington Auctioneers of Epping, Essex, said: “When I told him it had been verified and what it could be worth, he couldn’t believe it.

“One of my colleagues saw him get back into his car and it was a real Del and Rodney moment. You could hear shouting and screaming from the car park and the car began to rock from where he was celebrating.”

The Queen Anne Vigo coin

The coin was one of only 20 ever minted.

It came from 7.5lbs of gold seized from Spanish treasure ships by the British in 1702 following the Battle of Vigo.

The last one to sell went for nearly £300,000 at an auction in 2012.

The newly found coin is one of just 15 examples known to exist today. It will go under the hammer on 16 November.

Perhaps the other 5 are just waiting to be found.

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2017-sovereignOwn the most important UK Gold Sovereign in 200 years

2017 is the bicentenary of the “modern” gold sovereign. It is without question the most important numismatic anniversary for decades.

And now you can mark it with The Royal Mint’s brand new 2017 Gold Proof Sovereign – featuring a special one-year-only design change for the occasion.

To secure what is destined to become one of the most collectable 21st Century British gold coins, simply click here.

Released Today: The 2017 Bicentenary Sovereign

Revealed at the end of the abridged history of the Gold Sovereign with this infographic, find out why this new release is the most important Sovereign for years.


SECURE THE BRAND NEW ONE-YEAR-ONLY SOVEREIGN FOR YOUR PORTFOLIO 2017-sovereign

If you own just one Sovereign, this should be it…

Don’t miss your chance to own the one-year-only Bicentenary Proof Sovereign. It is going to be one of the most collectable UK gold coins of this century.

Click here to reserve yours.

 

Donald Trump and the gold price

trumpWhat happens if Donald Trump wins?

That’s a question millions of people will be asking for myriad different reasons, but what will happen to the gold price if Trump becomes the 45th President of the United States of America?

Strategists say that US elections do not usually matter for the gold price, but the race between Donald Trump and Hilary Clinton promises to be different because of the vast gap in policy between to the two candidates.

The Financial Times reports that financial analysts are in agreement – if Trump wins, buy gold.

One currency and precious metals analyst says “If Trump were to become president, gold prices will likely perform well, because we expect that his policies will be inward looking and will weaken the fundamentals of the U.S. economy. In addition, his rhetoric and possibly policy actions could create domestic and international uncertainty at best, and upheaval at worst.”

We only have to look back to June to see what domestic and international uncertainty can do to the gold price.

On the back of the Brexit announcement, gold shot up from £851 per ounce to £1,055 in just 2 weeks.

Are we on for another surge after the Presidential Election result is announced on 8 November?

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gold-standing-liberty-quarterOne of the most anticipated coins of the year

The coin you see here sold almost half its edition limit on its first day of release and has probably already sold out by the time you read this.

It is a special gold version of one of America’s most controversial coins – the Standing Liberty Quarter, which is celebrating its 100th birthday.It’s the first time it has ever been issued in gold.

We have just 50 for Coin Portfolio Management clients. Miss this chance and you’ll probably never get one.

Click here to add the special gold Standing Liberty Quarter to your Portfolio

£250,000 for the best St George & the Dragon coin?

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Image courtesy of St James’s Auctions

An 1820 £5 pattern created by famed engraver Benedetto Pistrucci is going under the hammer with an estimate of over £250,000.

It is the largest and sharpest example of Pistrucci’s iconic design of St. George slaying the mythical dragon ever seen on a coin. Both sides are boldly signed with Pistrucci’s last name.

This particular pattern (a coin which has not been approved for release, produced for the purpose of evaluating a proposed coin design) was never issued and is exceedingly rare, with very few in private hands.

The importance of Pistrucci

Bennedetto Pistrucci’s name is already well known in the coin world, but it is about to become even more so with the 200th anniversary of his iconic design next year.

The 2017 Proof Sovereign promises to be something special in line with the anniversary.

Pistrucci’s importance to UK coinage cannot be overstated, with his St George and the Dragon design adorning so many Sovereigns since the coin’s reintroduction in 1817.

The 1820 £5 pattern will be auctioned by St James’s Auctions on 30 September.

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Own the first St George & Dragon Sovereign from Queen Victoria’s reign

young-head-sovereignThe coin you see here is an example of the first Sovereign of Queen Victoria’s reign to feature Pistrucci’s iconic design. Issued between 1871 and 1887, it features the Young Head portrait of Queen Victoria and is an absolute classic British coin.

Well over 100 years old and struck to the same specifications as the modern Sovereigns, the surprise is that this classic gold coin can be yours for just £545.

Click here to find out more

 

When Sovereigns were produced all over the world

Although the Sovereign is Great Britain’s best-loved coin, few people realise that not all of them were struck in this country.

2016 is the 200th anniversary of the Great Recoinage Act 1816, which resulted in the introduction of the modern Sovereign in 1817, replacing the Guinea.

The gold Sovereign reached the height of its prominence and prestige under the reign of Queen Victoria as the British Empire expanded.

It became the “chief coin of the world” – a title bestowed upon it by British economic historian Sir John Clapham due to it being legal tender in 36 colonies and dependencies in the 1860s and was widely used in countries with no allegiance to the British crown.

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In an era when the British Empire ruled supreme, Sovereigns were not only produced in Great Britain, but throughout her dominions. The first Sovereign to be struck outside of Britain came out of Sydney in 1871.

Between 1871 and 1932, Sovereign production was spread over five continents – Europe, North America, Australia, Africa and Asia, with branches of the Royal Mint in London, Ottawa, Sydney, Melbourne, Perth, Pretoria and Bombay.

In order for The Royal Mint to distinguish the Sovereigns minted at the branch mints, they used a variety of mint marks. These were either a letter or a combination of letters to denote its branch of origin.

As a rule, mint marks can be found on the reverse of the coin, just above the inner two numbers of the date.

Here is the story of each of the overseas territories that produced Sovereigns:

Australia

Gold had been discovered in New South Wales in 1851 and in Victoria shortly afterwards. As a result three branch mints of the Royal Mint were opened; Sydney, Melbourne and Perth. To identify which branch the coins was struck at, mint marks carried the initial of the city of manufacture.

Africa

South Africa was still recovering from the Boer War when the only African Sovereign – identified by the letters “SA”- was struck in Pretoria. For reasons unknown, Sovereigns struck in Pretoria, Bombay and Ottawa carried the initials of their country of manufacture as opposed to their city. In the case of Pretoria it can be easily understood as “P” was already in use by Perth.

North America

North America had experienced its first gold rushes earlier than Australia but a branch mint did not open in Canada until 1908. The North American struck Sovereign is marked with a “C” signifying its Canadian origin. The Canadian Sovereign almost certainly contains gold from the Yukon.

Asia

The Asian Sovereign, is in many ways, the most unusual. The “I” means that it was minted in India, the jewel in the Empire’s dazzling crown. Sovereigns were only produced there during one year – 1918, which makes them particularly scarce, and a special target for discerning collectors.

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You can own the one-year-only Bombay Sovereign

Almost 100 years old, this Gold Sovereign was struck in India during the reign of King George V.

The Sovereign was only struck in India during one year – 1918. That has resulted in less than 1% of all George V Sovereigns being struck out of Bombay.

That makes this Sovereign a defining coin; one that will be in demand now and in years to come.

Click here to find out more

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