In 2022, Her Majesty The Queen Elizabeth II has become the first British Monarch to celebrate a Platinum Jubilee after 70 years of service.
Lois Bullion is celebrating Her Majesty’s historic reign in the run up to the Platinum Jubilee Central Weekend which takes place from 2nd to 5th June. An extended bank holiday has been created on the Thursday 2nd & Friday 3rd to allow the UK population to join in with the celebrations.
We have decided to share with you in this blog post the top 5 coins sold in western culture with queen Elizabeth face on.
Why queens head on coins?
Historically for over 300 years within the United Kingdom the current King or Queen face has always appeared on the one side of both Silver or Gold coins.
All the coins in the United Kingdom have a picture of the Queen on one side but did you know that this portrait has changed five times during her 70 year reign.
Did you know?
The Queen faces right on her coins which is part of a tradition which has lasted for over 300 years. Each King or Queen faces in the opposite direction to the one before. The Queen’s father George VI faced left on his coins so Elizabeth II faces right. According to Wikipedia.
Coins are backed by their country and legal tender. Gold or silver coins can be easily converted into a country’s fiat currency as silver / gold always holds a value. However, rarity & historical events can contribute to an individual coins valuation.
Gold Sovereign £1 coin
The sovereign is a gold coin of the United Kingdom that has a nominal value of one pound sterling. Struck since 1817, it was originally a circulating coin that was accepted in Britain and elsewhere in the world; it is now a bullion coin and is sometimes mounted in jewellery. By Wikipedia.
Gold Britannia £100 coin
Gold Britannia coins 1 oz coin has a face value of £100. Gold Britannia 1 oz coins have been minted by the Royal Mint since 1987 and are one of the UK’s most popular investment coins.
Similar to Gold Britannia coins the royal mint created the Silver Britannia in 1987. The Face value is £2. The Silver Britannia is one of the UK’s most popular investment coins.
South African Gold Krugerrand
The Krugerrand is a South African coin, first minted on 3 July 1967 to help market South African gold and produced by Rand Refinery and the South African Mint. The name is a compound of Paul Kruger, the former President of the South African Republic, and rand, the South African unit of currency.
first minted on 3 July 1967 to help market South African gold and produced by Rand Refinery and the South African Mint.
Controversy with Krugerrands.
Certain countries globally banned the import of Krugerrands as part of enforced economic sanctions against South Africa because of apartheid. The United States banned the import of Krugerrands in 1985.
First created in the royal Canadian mint in 1988. Each year the Canadian government released Canadian Silver Maple Leaf silver bullion coin.