Collect Coins From the British Royal Mint For Profit and Beauty - An Introduction to UK Coin Design
February 13th, 2010 |
Around the world, coin collecting is a growth industry. With more and more people nervous about the abilities of traditional banks to protect the true value of our cash, many people feel it is safer to invest in the more stable precious metal stocks or in collectable coins such as limited edition coinage or gold and silver sovereigns.
The great thing about collecting coins is that their value comes from both the precious metal content of the coin and the rarity or desirability of the coin design.
The United Kingdom Royal Mint is the company which is set up to manufacture all British coins. It is a government owned company and as well as producing UK coins it also produces coins for other countries around the world as well as making commemorative medals.
A vast arrange of coin designs have been produced at the Royal Mint over the years and one interesting feature of the company is that periodically they have competitions for people to design a new coin or set of coins. A competition was run in 2005 to find a new set of designs for the whole set of British coinage from the 10 pence piece up to and including the 50 pence piece. This competition was open to absolutely everyone and as a result they received many hundreds of entries. The final winner Mathew Dent used the motif of the shield of Royal Arms, with one section of the coat placed on the back of each coin, so that when all the coins are laid out next to each other the complete coat of arms can be seen. This design was seen as an original reinterpretation of the heraldic device.
The Royal Mint have produced special limited editions of these coins and many other UK coins all which are very collect able.
See some examples of other
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