My Collections

The Royal Mint – His Majesty The King’s Official Coinage Portrait

Image source: https://www.royalmint.com/globalassets/__rebrand/_structure/about-us/press-centre/kciii.jpg

The Royal Mint, the official maker of UK coins, has confirmed that coins featuring the portrait of His Majesty King Charles III will enter circulation.

There are approximately 27 billion coins currently circulating in the UK bearing the effigy of Queen Elizabeth II.

“Queen Elizabeth II ruled with heart and devotion, and will be dearly missed by millions of people around the world.

The King’s portrait will first appear on a £5 coin and 50p commemorating the life and legacy of Her Late Majesty Queen Elizabeth II. The 50p will enter circulation to mark the historic moment, and coins featuring His Majesty and Queen Elizabeth II will co-circulate in the UK.

Image source: https://www.royalmint.com/globalassets/__rebrand/_structure/about-us/press-centre/kciii_2.jpg

The King’s effigy has been created by renowned British sculptor Martin Jennings, and has been personally approved by His Majesty. In keeping with tradition, The King’s portrait faces to the left, the opposite direction to Queen Elizabeth II. The Latin inscription surrounding the effigy reads “• CHARLES III • D • G • REX • F • D • 5 POUNDS • 2022” which equates to ‘Charles III, by the Grace of God, King, Defender of the Faith’. The effigy will start to appear on circulating and commemorative coins produced by The Royal Mint over the coming months.

My Collections

Celebrating the Life and Legacy of Alan Turing

Celebrating the Life and Legacy of Alan Turing

The Royal Mint in UK is presenting a new coin series – Celebrating the Life and Legacy of Alan Turing.

Alan Mathison Turing was an English mathematician, computer scientist, logician, and cryptanalyst born in London. During the Second World War, Turning worked for the Government Code and Cypher School. His codebreaking logic saved estimated millions of live by shortening the war. 

After the war, Turning worked at the National Physical Laboratory, where he designed the Automatic Computing Engine, one of the first designs for a stored-programme computer. In 1948, he joined Max Newman’s Computing Machine Laboratory where he helped develop the Manchester computers. Despite of his various accomplishments, Turing was never fully recognized in UK during his lifetime. It is because much of his work was covered by the Official Secrets Act.

And in 1952, Turning was prosecuted for homosexual acts. He then accepted hormone treatment and died 16 days before his 42ndbirthday from cyanide poisoning. 

In 2009, the UK Prime Minister Gordon Brown made an official public apology on behalf of the UK government for “the appalling way Turing was treated”. Queen Elizabeth II granted a posthumous pardon in 2013 which has since led to further pardons to gay men and created what has become known as “Turing’s Law”. In recent years, Turing has become a figurehead for gay rights.

In 2022, The Royal Mint celebrates the man with a remarkable mind with a UK 50p coin available as a gold Proof, silver Proof, silver Proof Piedfort and Brilliant Uncirculated edition. 

Images source:

https://www.royalmint.com/globalassets/consumer/_campaigns/2022/alan-turing/category-page/t3-dt-primary-cat-alan-turing.png?width=2147483647

 

More information:

https://www.royalmint.com/our-coins/events/alan-turing/

Investment

Gold Price Down USD 50 on the Day Indicating Markets in Chaos.

The markets in chaos: precious metals prices down, Bitcoin price hits lowest level since December 2020 and stocks plunges. Analysts warn of panic selling as investors are pre-reacting to the Federal Reserve’s interest rate hike on this Wednesday following a high inflation rate of the U.S.

The inflation is now expecting at annual pace of 8.6%. economists believe the Fed will need to get more aggressive to tame the inflation. The U.S. dollar reacted positively to the expected rate hike and goes stronger. In response to rising yields and a strong U.S. dollar, Gold saw a very sharp sell off as it plunged around USD 50 per oz on the day.

The precious metals are struggling as investors are still digesting inflation data and the looming economy downturn in China caused by the latest outbreak in Beijing and Shanghai. The latest lockdowns could lead to a much more extended period of supply chain issues and disruption.

Even though the market expects that the Fed will have an aggressive rate hike, but it is still not enough to get the inflation under control.

in the meantime, gold remains at risk of a more significant selloff. The support at USD 1,800 per ounce might not hold and we will see a retreat towards USD 1,750 per ounce. 

Image source: https://www.pexels.com/photo/gold-and-silver-round-coins-and-bullions-8442328/

My Collections

2022 Canadian Super Incuse SML Rose Gilded Proof Silver Coin



 

2022 Canadian Super Incuse SML Rose Gilded Proof Silver Coin

 

The collection of double-incuse Silver Maple Leaf (SML) coin was introduced by Royal Canadian Mint in 2018.

Then, Royal Canadian Mint followed it up with gold- (2019) and black rhodium-plated (2020) versions.

Afterward, the mint took art to all-new depths with the first Super Incuse SML in 2021. While the previous incuse coins had a standard incuse depth of
0.3 mm, thanks to new technology developed by our Research and Development team, on the Super Incuse SML the intricately engraved maple leaf sits 1.5 mm below the coin’s surface – that’s nearly 40% of the coin gauge!

The 2021 version was sold out rapidly in every coin shop. Collectors around the world was so desperate to get one!

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2021 Canadian Super Incuse SML Proof Silver Coin

The year 2022, Royal Canadian Mint launched 2022 Canadian Super Incuse SML Rose Gilded Proof Silver Coin. And the design is much more beautiful and detailed than the previous version. 

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2022 Canadian Super Incuse SML Rose Gilded Proof Silver Coin

The coin’s reverse features Walter Ott’s iconic sugar maple leaf design, unchanged since the first Silver Maple Leaf (SML) bullion coin issued in 1988. The Mint enhanced the revolutionary Super Incuse SML with the addition of selective rose gold plating and maple leaf field pattern on both sides; truly a perfect fusion of modern technology and classic design.

  • Mintage: 7,000
  • Composition: 99.99% pure silver
  • Finish: modified reverse proof
  • Weight (g): 32.41
  • Diameter (mm): 36
  • Edge: serrated
  • Certificate: serialized
  • Face value: 20 dollars
  • Artist: Walter Ott/RCM Engravers

Source:

https://mint.ca/store/coins/1-oz.-fine-silver-coin-%E2%80%93-super-incuse-silver-maple-leaf-%E2%80%93-mintage-7000-2022-prod3820030

 

 

Investment

Precious metals hit hard as Fed Chair Powell Stays


Gold and silver futures were sharply down the U.S. trading session Monday while President Joe Biden confirmed Federal Reserve Chairman Jerome Powell for his second term. The precious metals prices were under a huge pressure and selling pressure accelerated overnight. 

December gold was last down nearly USD 41.10 at USD 1,810.4 and December Comex Silver was last down USD 0.421 at USD 24.36 per ounce.

Someone argued that another term for Powell was just an excuse for bullions future traders taking profits after recent good price gains. Some analysts believe bullion markets are likely to continue to be supported by the inflation trade and to be sought out as a hedge against rising and even problematic price inflation.

My Collections

2021 2 oz Republique du Tchad The Starry Night by Vincent van Gogh Antiqued High Relief Colored Silver Coin


Starry Night which painted by the Dutch post-impressionist Vincent Van Gogh in June 1889 is one of the most famous masterpieces in the art world. The images of the painting are always printed on souvenir everywhere, like coffee cups, mugs, T-shirts, towels, etc. 

This painting – Starry Night was painted in 1889 when the artist, Vincent Can Gogh stayed at the asylum of Saint-Paul-de-Mausole. He painted the view from the east-facing window of his asylum room with an imaginary village just before sunrise. 

This painting has been in the permanent collection of the Museum of Modern Art in New York City since 1941.

This time, the one of the most recognized painting in Western art – Starry Night was printed on a silver coin and issued by Republique du Tchad. The coin depicted the detailed texture and its typical swirling brushstrokes, the moon and morning stars. The details of the pattern were presented on the coin beautifully. Starry Night fans absolutely won’t miss this collection. Let get this magnificent piece of numismatic coin on your working desk or your showcase in your living room.

Investment

Gold price is going much higher

Gold price is getting back above USD 1,800 per troy ounce. Investors expect it will continue to move higher because it is unlikely the Federal Reserve will be able to fet the inflation under control.

The growth thread of inflation and stagflation are pushing more investors reevaluate their safe-haven hedge and rearrange their investment profolio.

The inflation the year is very different from the last few years. The current inflation is not being driven by consumer demand. Prices go up because of major supply-chain around the world especially the second largest economy, China.

There is nothing the Federal Reserve can do to fix the supply chain as the inflation is on the long side of the track. With gold prices back over USD 1,800 per troy ounce, the market will see bullish momentum very soon. 

My Collections

Queen’s Beasts – the Completer Coin – Together as One

This is the final Queen’s Beasts coin in the Queen’s Beast collection since 2016 produced by Royal Mint. The Coin features ten beasts on the reverse which reuniting all ten beasts in one design. 

Here is the story of Queen’s Beasts:

The Queen’s Beasts are the ten heraldic statues representing the bloodline of Queen Elizabether II and the British monarchy. On 2 June 1953, the whole world witnessed a specacular of a very important occasion. The Queen arrived at Westminster Abbey for the Queen’s coronation. These ten Queen’s Beast stood in front of the temporary western annexe as formidable royal guardians.

 

They are:

The Lion of England

The White Greyhound of Richmond

The Yale of Beaufort

The Red Dragon of Wales

The White Horse of Hanover

The White Lion of Mortimer

The Unicorn of Scotland

The Griffin of Edward III

The Black Bull of Clarence

The Falcon of the Plantagenets

My Collections

The design for American Eagle Gold Coin – in God we trust. And in Gold we trust

The American Eagle Gold Coin is an officeal gold bullion coins of United States starting from 1986. It was produced by United States Mint. The composition of the gold coins included 91.67% gold, 3% silver and 5.33% Copper. Therefore, the fineness of this gold coin is just 22K.

The obverse of the gold coin depicts the figure of Lady Liberty. And the reverse design features a male eagle carrying an olive branch flying above a female eagle and her baby.

Let me tell you something special about American Eagle Gold Coins.

For the Eagle minted in 1986-1991, they are dated with Roman Numerals. And starting from 1992, US mint changed to use Arabic numerals for dating Gold American Eagle Coins. 

Here is the gold coin in 1990 with dated with Roman Numerals “MCMXC”.

And starting mid 2021, the reserve design of American Eagle Gold Coin changes again! It features a side profile of a Bald ealge.

The new design is stunning!                    

As the the new design is launching in mid of 2021, the collectors around the world will definitely collect the old designs of American Eagle Gold Coins especially the old design dated year 2021 and the those dated with Roman Numerals.

My Collections

Why do Horseshoes mean Lucky?

I have received a very interesting coin recenetly. It is a coin in a horseshoe shape.

2021 Palau Lucky Horseshoe Antique Finish High Relief Silver Coin

Some people may see western people hang horseshoes over their doors of the buildings. Someone like me would like to ask the reason behind this little thing. Why horseshoes?

Let me share you a story about hanging horseshoes over the doors.

This story is about a hermit – St. Dunstan.

St. Dunstan was a very quite and humble hermit as well as skilled metalworker. He lived in a hut where near the church of St Mary.

One night, there was a Devil came to his hut as a woman. However, St. Dunstan vigilantly noticed that he was a Devil instead of a woman. He saw his cloven hooves beneath the dress he wore. Dunstan noticed that the Devil was limping on one of his cloven hooves. He pretended to offer a shoe to help the Devil. He then nailed a red hot horseshoe onto the Devil hoof. 

The Devil screamed and begged St. Dunstan to take it off. Of course St. Dunstan was not going to do it easily.

He said, “You have to make a promise that you will always respect the symbol of the horseshoe and never enter a building that is protected by the sign of a horseshoe.”

Nowsdays, people are still telling about this story to Children in England. And hanging horseshoes over their doors have become one of their tradional. Also, people have different preference about hanging heel up or Down.

Some says that if you hang the horseshoe like a shape of a cup, it means horseshoe fills with good luck, holding it for everyone who lives in that house. 

Some says that if you hang the horseshoe downward, it means good luck flows out from the horseshoe and onto all the visitors and family who come into that house.

Up or down? Which one do you prefer? Let me know your thought.