Mints have been in the business of selling as well as manufacturing coins for centuries. The United States Mint at one time sold individual proof coins directly to collectors. At a later date, the mint began issuing Mint and Proof sets
The Royal Mint has announced the iconic band, Queen, will be celebrated with the launch of a commemorative coin collection, making it the first time that a British band has been celebrated on UK coinage. Available from today, the design is the first in The Royal Mint’s new ‘Music Legends’ collection.
Perhaps the most striking example of the band’s determination to be bold was their decision to release a six-minute quasi-operatic single, “Bohemian Rhapsody,” in 1975
The British Royal Mint (BRM) has joined an exclusive club. The mint recently issued a 5-kilo (2.205 pounds or 35
In an unprecedented and historic move, the British Royal Mint announced on several days notice that the British Brexit commemorative 50-pence coin anticipated to be dated and issued Oct. 31 will not be released. All existing examples were ordered to be scrapped
The ‘round pound,’ the ‘Maggie,’ or whatever you may want to call it, Britain’s round £1 coin has been replaced by a 12-sided coin meant to deter counterfeiters. Since the round coin has been declared redundant by the Bank of England the question remains: Why are about 145 million of the older coins still outstanding?
According to the British Royal Mint, a staggering one in 30 of the round version of the denomination were counterfeits when the newer 12-sided (dodecagonal) version was introduced on March 28, 2017. This statistic sounds even worse when you consider there were about 1
(Image courtesy of the Royal Mint blog)
In a recent interview with The CDN Monthly Greysheeet US Mint Director David J. Ryder said, “I have to create products they [young collectors] can actually collect at a reasonable price and put in their pockets.”
Perhaps so, but any proposals for new coins need to be approved by Congress prior to commencing production