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All Posts Tagged With: "British coins"

Royal Mint Unveils New Britannia Coin Design

Today, the Royal Mint launches its newly designed 2010 Britannia coin series

The design depicts the famous icon of Britain and British coinage as an Amazonian-like warrior, with a protective and serene watch over modern Britain’s liberty and values.

The new design has been launched to celebrate Britannia’s enduring presence as an important symbol of national identity in changing times.

Designer Suzie Zamit says: “Britannia is a really important British icon and I wanted to create a design that represents her as a symbol of British liberties and democracy. I felt it was important to portray Britannia as strong – almost Amazonian – and courageous, but not overly warlike, more peaceful and protective.”

The new 2010 Britannia coin series is launched in both gold and silver, available in an extended range of both individual coins and Proof sets. Suzie Zamit’s beautiful design is the first new Britannia design since 2008 and offers a fresh interpretation of the goddess, capturing the strong, courageous and watchful qualities of her spirit.

The new Britannia wears a Corinthian-style helmet, emphasising her warlike spirit and is accompanied by a lion to symbolise courage. However, Britannia’s serene gaze and the presence of an olive branch, also portrays the goddess as a protective defender of peace and modern British liberty and values. Her eastward looking gaze alludes to Britain’s role in the EU and its presence in Afghanistan.

Dave Knight, Director of Commemorative Coin at the Royal Mint, said: “Britannia is an enduring icon that has become an integral part of British coinage and heritage. She represents the strength of the British national identity and Suzie Zamit has captured this force in her new design. We are delighted to have created a coin that honours the history of British coins, whilst celebrating the future of modern Britain. Our 2010 Britannia Series is a great chance for us, along with the public, to celebrate this constant symbol of British success.” (more…)

2010 British Coin Forecast

By Geoffrey Cope – CoinLink Content Partner – www.petitioncrown.com

Based on information from dealers and following market conditions I would forecast that the prices over the next years will keep an upward movement.

spinks_coins_of_england_2010The above is supported by the increase of individuals and pension for diversification of assets and protection.

The Fenton Auction in London saw a jump in prices for high quality pieces; this will be followed by the market increasing for lesser quality items. The Internet is producing a new base of collectors who consider today’s price levels inexpensive. The UK has an old company that is introducing Numismatics as an Alternative Asset for inflation protection. The difference is today the companies would prefer and orderly market, prices not to run out of hand.

If you analyze historically from 1936 to date on the material through auctions and major dealers except for re-adjustment of prices of items that were miss-priced the compound growth for coins is +11.0% -12.5%. Average inflation during this period was 3.8%. This can vary if specific areas of British coins are not popular for a period.

Price comparisons between USA and UK coins, the gap is so great I can hope the US collector does not decide to collect UK material in a serious way – otherwise we will see price rises we have never seen in the UK market as it will be re-structured the US way which is different than the UK.[A comparison of values will increase many items several times] An example in one change will be that in the US the dealers will stock and support the market and hold much more stock at higher prices. (more…)