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SOLD OUT in TWO HOURS – The UK’s scarcest 50p just became even harder to get hold of!
To celebrate 50 years since the release of the first seven sided coin in 1969, today The Royal Mint has released a set of five carefully curated commemorative edition 50p coins, including the UK’s most sought-after 50p in circulation, the Kew Gardens.
But within just two hours since going on sale, the overwhelming response from collectors has seen the entire range of Base Proof, Silver Proof and Gold Proof sets completely sell out!
The highly anticipated 50 years of the 50p set is undeniably appealing to collectors and you can find out why these coins sold out so quickly below…
The UK’s first seven sided coin
It was in 1967 when the Deputy Master of The Royal Mint approached the Decimal Currency Board to discuss the introduction of a new coin as a more economical replacement for the 10 shilling note, which was only lasting five months in circulation at the time, compared to the fifty year lifespan of a coin. With much difficulty and debate to decide upon the best shape, the seven sided design was finally chosen and released as the first coin in the new decimal series.
The original reverse was designed by Christopher Ironside and featured the seated Britannia alongside a lion. This coin was issued between 1969 and 2008, after which The Royal Mint held a public competition to redesign the reverse of UK coins, with Matthew Dent’s winning shield design featuring on the reverse of definitive 50p coins since.
It seems only fitting therefore that the first 50p chosen to commemorate the coin’s 50th birthday is the ‘New Pence’ Britannia featuring Ironside’s design, a firm favourite for collectors, representing a numismatic milestone for Britain.
Britannia 50p
1969 Britannia ‘New Pence’ 50p
Alongside the definitive Britannia design, commemorative 50ps have been issued throughout the years to mark the various significant British anniversaries.
Within this set you can see not only the Britannia, but also the Girl Guides 50p which was issued in 2010 to celebrate 100 years of Girlguiding in the UK, the Scouting 50p which was issued in 2007 to mark 100 years of Scouting in the UK, the Kew Gardens 50p which was issued in 2009 to commemorate the 250th anniversary of the Royal Botanic Gardens, Kew and the Roger Bannister 50p which was issued in 2004 to mark the 50th anniversary if the first four minute mile.
Base Proof set
50 years of the 50p Base Proof set – SOLD OUT WITHIN TWO HOURS OF LAUNCH
These retrospective reverse designs taken from the last 50 years create a wonderful set of coins to commemorate the 50p coin, however we all know that the coin collectors are most excited about is the re-issue of the Kew Gardens 50p.
UK’s scarcest 50p
Initially when the coin was released in 2009 its rarity was overlooked, however in 2014 The Royal Mint revealed just how scarce this coin really is, with only 210,000 coins being struck. From this moment, prices on the secondary market began to skyrocket and collectors have since been desperate to add the coin to their collection, regarding the coin as one of the biggest prizes in the collecting world.
And whilst the 2019 re-issue of the most highly collected UK coin could have been a chance for collectors who have not already got this coin in their collection to finally own one, the very limited number of sets available means that this coin has already been snapped up by those lucky enough to secure the collector’s edition of the coin in Proof quality as part of the five coin commemorative set.
Gold set
50 years of the 50p Gold Proof set – COMPLETELY SOLD OUT IN TWO HOURS!
The set has been made available in base Proof, Silver Proof and Gold Proof specifications, at a very limited number. In fact, the full range of 3,500 base Proof sets, 1,969 of the Silver and just 75 Gold sets have completely SOLD OUT!
It comes as no surprise that this set has been received so well, but what do you think about the coins featured and were you lucky enough to secure one for yourself?
Own the Masterpiece 50p Collection
The Masterpiece 50p Collection is a careful selection of some of the most sought-after 50p designs from the last 15 years, with themes ranging from the UK’s entry to the EEC to marking the 950th Anniversary of the Battle of Hastings.
The UK’s 12 sided £1 goes global!
Yesterday the Treasury announced that the UK’s 12 sided £1 coin would be going global, as overseas territories and Crown Dependencies will soon be able to create their own bespoke versions of the coin to replace the older £1 currently in circulation.
In 2017, the new Nations of the Crown 12 sided £1 made its UK debut, described by the Government as “the most secure of its kind in the world” due to the new design, featuring intermittent milled edges and micro-engraved denomination and year date which protects against criminals producing counterfeits copies. Before this, around 1 in every 30 round pound coins were in fact fakes.
As many territories and dependencies currently circulate their own version of the older pound coin, they will now be able to protect their currency with this secure cutting edge technology. These coins will be produced by The Royal Mint to the same security standards as our UK coinage to thwart counterfeit activity.
The Nations of the Crown £1 was designed by 15-year-old David Pearce following a public competition in 2015. The design is made up of the English rose, the Welsh leek, the Scottish thistle and the Northern Irish shamrock emerging from one stem within a royal coronet to represent the four constituent countries of the United Kingdom.
The Treasury expects the new versions struck for overseas territories and Crown Dependencies to feature images celebrating their heritage, history and culture to symbolise the close links with the UK.
Jersey, Guernsey and the Isle of Man all represent Crown Dependencies of the UK, whilst the UK overseas territories include Akrotiri and Dhekelia; Anguilla; British Antarctic Territory; Bermuda; British Indian Ocean Territory; British Virgin Islands; Cayman Islands; Falkland Islands; Gibraltar; Montserrat; St Helena and Dependencies (Ascension Island and Tristan da Cunha); Turk and Caicos Islands; Pitcairn Island; and South Georgia and South Sandwich Islands.
Robert Jenrick, Exchequer Secretary to the Treasury, said:“These new designs will reflect the rich and varying British communities across the world.”
Lord Ahmad, the overseas territories minister, said: “As well as helping to boost their identity, these new coins will also bring increased security to each of these economies.”
So Change Checkers from overseas territories and Crown Dependencies can look forward to the new coins being released soon, but what design do you think should be featured for each? Let us know in the comments below.
Is this the last Isle of Man Round Pound?
In 2017 the Isle of Man released this Raven and Falcon Uncirculated £1 Coin and following the Treasury’s update, this could now be the very last Isle of Man Round Pound!
First look: New Royal Mint coin designs for 2019!
Every year The Royal Mint mark the year’s memorable events and anniversaries that capture the nation by striking these stories onto circulating coins, and 2019 is no different.
Today, The Royal Mint have unveiled the new themes and designs for all the 2019 commemorative coins, and Change Checkers can look forward to some fascinating British anniversaries being commemorated.
50p: The 160th anniversary of the birth of Sir Arthur Conan Doyle
As the father of modern crime writing, Sir Arthur Conan Doyle’s legacy lives on 160 years since his birth, thanks to his iconic creation – Britain’s greatest detective, Sherlock Holmes™.
The classic tales of Sherlock Holmes and his sidekick Dr. Watson are treasured reads which have led Doyle to become one of the most famous writers in the world.
Reverse designer: Stephen Raw
This coin is now available to purchase individually in Brilliant Uncirculated quality here.
£2: The 260th anniversary of the formation of Wedgwood
The industrial revolution of the 18th century shaped Britain’s future and brought about great social changes and technological advancements. Josiah Wedgwood created his pottery empire using modern mass production methods, which we still use today.
Reverse designer: Wedgwood Design Team
This coin is now available to purchase individually in Brilliant Uncirculated quality here.
£2: The 75th anniversary of the D-Day Landings
On the 6th of June 1944, the D-Day landings turned the tide of the Second World War. Allied troops landed at five different beaches codenamed Utah, Omaha, Gold, Juno and Sword for the largest amphibious assault ever launched. This gave them a position from which they could advance into Germany and paved the way for victory on the Western Front and the liberation of Europe.
Reverse designer: Stephen Taylor
This coin is now available to purchase individually in Brilliant Uncirculated quality here.
£2: The 350th anniversary of Samuel Pepy’s last diary entry
Samuel Pepy’s diary entries provide detailed and personal observations from some of Britain’s most significant moments in history, such as the Restoration, the Plague and the Great Fire of London. His diary has been essential for understanding these events and their impact on people at the time and give invaluable first-hand insights.
Reverse designer: Gary Breeze
This coin is now available to purchase individually in Brilliant Uncirculated quality here.
£5: The 200th anniversary of the birth of Queen Victoria
At her birth in 1819, no one knew that Queen Victoria’s reign would span the rest of the century and make her one Britain’s most famous rulers. She came to the throne aged just 18 years old, at a time when Britain’s Empire was growing and becoming the world’s pre-eminent superpower in an era of unrivalled peace and prosperity.
Reverse designer: John Bergdahl
This coin is now available to purchase individually in Brilliant Uncirculated quality here.
The announcement of the year’s coins is always an exciting moment for Change Checkers, particularly when the anniversaries are as significant as these.
And now we can now start looking forward to finding these new designs in our change throughout the year!
Own the 2019 Commemorative Coin Set
If you can’t wait to find these coins in your change, be one of the first to own the complete set!