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The Royal Mint Launches Uks First £50 For £50 Face Value Coin

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CCFPress's Avatar
United States
1420 Posts
 Posted 11/30/2015  2:38 pm Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message Number of Subscribers
The Royal Mint - The Royal Mint has announced that it is to launch the UK's first face value £50 for £50 coin. Celebrating the year that Her Majesty the Queen became the nation's longest-reigning monarch and the return of the iconic Britannia image to UK coinage, this silver coin will feature images of two of the nation's most recognizable female portraits.

Royal Mint First £50 for £50 Face Value Coin

The-Royal-Mint-Launches-Uks-First-£50-For-£50-Face-Value-Coin
Unusually for British coinage, both portraits are by the same artist - 33 year-old Royal Mint Engraver, Jody Clark, who first sprung to the public's attention earlier this year with his design for the 'fifth portrait' of Her Majesty The Queen on UK coins. The youngest designer ever to be selected for this honour, Jody's royal effigy has been paired with his critically acclaimed contemporary figure of Britannia on the new commemorative £50 coin.

The Queen's portrait has been a reassuring presence on our coins for more than six decades, the latest 'fifth' effigy first appearing on UK coinage in March this year. The figure of Britannia is a popular representation of Britain that has been reimagined through the centuries, and often reflects the United Kingdom at a moment in time. Jody said: "Having my portrait of The Queen selected for Britain's coinage was an incredible experience, but now, seeing the portrait combined with my Britannia design on the UK's new £50 coin is a double honour"

The Royal Mint's Director of Commemorative Coin, Anne Jessopp, said: "It seems apt that these two familiar British figures, both designed by Jody Clark, feature together on the UK's first face value £50 coin in the year that The Queen became Britain's Longest Reigning Monarch, and Britannia returned to the circulating coinage."

The first in The Royal Mint's face value coin range, the £20 for £20 coin marking the birth of Prince George of Cambridge in 2013, was warmly welcomed and sold out within days, whilst the £100 for £100 'Big Ben' coin was another sell-out 'first' in December 2014. Early signs are that Jody Clark's £50 for £50 Britannia / fifth effigy pairing will be equally popular.

The Britannia 2015 UK £50 for £50 Fine Silver Coin
Denomination: £50
Reference: UK15BR50
Maximum Coin Mintage: 100,000
Metal: 999 Ag
Weight: 31.00g
Diameter: 34.00mm
Reverse/Obverse Designer: Jody Clark
Finish: Brilliant uncirculated
RRP: £50
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augsburger's Avatar
Germany
1064 Posts
 Posted 11/30/2015  8:14 pm  Show Profile   Bookmark this reply Add augsburger to your friends list Get a Link to this Reply
I'm waiting for the first £36.52 for £36.52 coin to come out before I start buying.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 11/30/2015  8:28 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
For a high price of GBP 50, it would have to either:
1. have a low mintage or
2. a bullion content value of not much below GBP 50, say 4+ ounces in weight.

That would help to increase interest in the minds of the initial buyers who may wish, or have to sell it later on, in the secondary market.
Edited by sel_69l
11/30/2015 8:29 pm
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Mister Kairu's Avatar
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1911 Posts
 Posted 11/30/2015  8:51 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list Get a Link to this Reply
Where would be the best place to get this coin? I loved this design on the proof Britannia coin that came out I don't remember when but that coin in 1oz is SUPER pricey now... for this design this coin may be the way to go? I have never bought one of these $xx for $xx (in whatever currency it is) so is it really only 50 pounds converted to USD as the price? Thanks!
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United Kingdom
152 Posts
 Posted 11/30/2015  9:37 pm  Show Profile   Bookmark this reply Add numismatic biz to your friends list Get a Link to this Reply
Mister Kairu

it will cost you 50 GBP for coin plus 12.50 GBP shipping to USA to see price in USD visit http://www.xe.com

if you really want one I would really buy now these will sell out

Oh I've just bought/purchased 20 of these
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Mister Kairu's Avatar
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1911 Posts
 Posted 11/30/2015  11:07 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list Get a Link to this Reply
Hm.. So comes out total to around $94... Guess I thought the pound to USD was a little closer. Ah well just bought a Trade dollar so its a little more than I can spare. Oh well thanks for the help numis Biz!
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sel_69l's Avatar
Australia
21788 Posts
 Posted 12/01/2015  01:10 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I note 100,000 to be minted, and only one ounce.

At one ounce and for for GBP 50, I would have liked to have seen 2,000 to be minted, and buyers to be selected by ballot.

Oh well, I guess the Chancellor of the Exchequer should be happy.
Edited by sel_69l
12/01/2015 01:42 am
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United States
33 Posts
 Posted 01/13/2016  8:05 pm  Show Profile   Bookmark this reply Add AndrewDS to your friends list Get a Link to this Reply
What is strange about the 50£ Britannia is that 1.) it is still just an ounce of silver, but the coin is only 34mm in diameter (vice 38.6mm for the 20£), and 2.) their solution was to make the coin much thicker.

The added thickness makes encapsulating a coin a bit more of a challenge. My regular slabs can't handle a coin that thick.

I like the modern, stylized Britannia. Definitely a more feminine shape and I like the lion at her feet. Makes quite an impression.
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Demarco Bishopp's Avatar
United Kingdom
548 Posts
 Posted 01/16/2016  11:19 am  Show Profile   Bookmark this reply Add Demarco Bishopp to your friends list Get a Link to this Reply
£10 worth of silver and a face value that can't be realised.

What a deal!
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