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New coins from the Royal Mint
First Remembrance Day coin added to remarkable list of 2012 commemorative coins.
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The Royal Mint has today unveiled a new £5 coin to commemorate Remembrance Day, promising to make a donation to The Royal British Legion for every coin sold.
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45Comments
06/12/2011 17:01
To Mark Eckersley (Markee):
Well said that man.
Some quotes from various posts:
I see the silver kilo coin will cost £3000, the price of a kilo of silver is £853.What makes the "kilo" coin better is the fact that the legal ammount of the coin is only £500...costs just over £800 in materials, and sells for £3000....
And we condemn metal thieves? Look no further than the Royal Mint!
The coin may look like a map of South America to anyone who does nothing better every day than criticize.....
I thought it looked like a map of Africa, you know, the country we're all brainwashed into believing needs even MORE money from cash strapped Britain.
I am Spartacus. I think you are too!?
Onward and upward
06/12/2011 18:05
06/12/2011 18:05
I work for The Royal Mint and it's interesting to hear the feedback on our products.
As a company with 1100 years of heritage that produces its products in Britain and always makes efforts to showcase British craftsmanship and design I find it surprising that people focus on the face value of coins marketed at collectors. Brilliant uncirculated coins are worth the premium in my opinion.
For those that don't want to pay it, you can't beat the value that the coin in your pocket offers. Just enjoy the designs and the story behind the coins!
As a company with 1100 years of heritage that produces its products in Britain and always makes efforts to showcase British craftsmanship and design I find it surprising that people focus on the face value of coins marketed at collectors. Brilliant uncirculated coins are worth the premium in my opinion.
For those that don't want to pay it, you can't beat the value that the coin in your pocket offers. Just enjoy the designs and the story behind the coins!
06/12/2011 23:30
06/12/2011 13:49
I see the silver kilo coin will cost £3000, the price of a kilo of silver is £853.
People must put a lot of faith in a coin that costs over 3 times face value, big gamble ?
Are people sure there will be a return in years to come? i dont, if the price of silver drops you could be left wit a expencive lump of metal !!!!
07/12/2011 00:27
06/12/2011 20:13
The new £2 coin looks, as somebody below said, like Bin Laden and the 60k Olympiad coin looks like a child's drawing of an untidy gymnasium. I'm not sure either of them are worth their face value, let alone the price some fools will pay.
Design studios must wet themselves when a govt-backed agency call (the London 2012 logo springs to mind), they seem to charge premium rates for poor, unimaginative work.
Design studios must wet themselves when a govt-backed agency call (the London 2012 logo springs to mind), they seem to charge premium rates for poor, unimaginative work.
06/12/2011 15:44
06/12/2011 15:07
08/12/2011 02:49
@ James Owen.
For those that don't want to pay it, you can't beat the value that the coin in your pocket offers.
Yes you can, the real value of the coin drops constantly due to inflation. Gold doesn't though does it? Now that's value.
I work for The Royal Mint and it's interesting to hear the feedback on our products.
Well let me make your life more interesting with a question.
How come the royal mint wanted to charge me more for 2012 gold sovereigns than a coin dealer and would only dispatch in Jan with the sovs arriving in November from a coin shop?
Go on, you have got me interested, answer that. ..... and also I would like to pass comment on your 'heritage'...........
No wonder you have been in business for 1100 years, you are a monopoly and even easier to stay in business when you base your product on a coin which 100 years ago had some quality constituents and intrinsic value and then downgrade the ingredients to junk metal over the next century until we arrive at today's currency. A few months back all pre 1984 might be 94? 1p and 2p coins were worth more melted than their face value same with the silver colour coins but. Today's coins would melt for FA as they have no intrinsic value yet you still convey the image of now non existent quality materials.
Also, years ago you could get real money (silver or gold) if you handed in your coin. Is that true today? ..... and I don't mean the negligible amount of real money you could get for its face value at the metal dealer. Is that what you mean by value?
Just one more, who says a pound is actually worth a pound? Only as long as people continue to believe it has value. As it has no longer intrinsic value so how can it represent value?.
10/10 for daring to raise your head above the parapet though.
07/12/2011 00:33
When I suggested the reverse of the £2 looked like a map of South America, it never occured to me that it is meant to look like the head of Charles Dickens. He used to be on the back of the £10 note so is this devaluation?
I expect the designer has put in a lot of work to create this design so I'll postpone final judgement until I get one in my loose change. When theRoyl Mint put Charles Darwin on the back, it was much clearer to me. Perhaps it is time I went to a certain opticians.
I expect the designer has put in a lot of work to create this design so I'll postpone final judgement until I get one in my loose change. When theRoyl Mint put Charles Darwin on the back, it was much clearer to me. Perhaps it is time I went to a certain opticians.
03/11/2012 16:16
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06/12/2011 15:06
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