Revealing The Hidden Treasures Of The Royal Mint Museum
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- Опубликовано: 31 май 2022
- 'Revealing The Hidden Treasures Of The Royal Mint Museum'
With a history stretching over 1,100 years, The Royal Mint has forged a fascinating story through the world of historic coins. As the second oldest mint in the world, and the oldest company in the UK, their history is entwined with the 61 monarchs who have ruled England and Britain.
The Royal Mint has struck coins for every monarch, creating an unrivalled collection of coins, each one with its own history to unravel. Many of these historic coins have increased in value over time, making them an ideal collector’s item too.
In this video Dan Snow gets a rare glimpse of the hidden treasures kept behind the doors at The Royal Mint Museum. He discovers the fascinating story behind the Edward VIII Sovereign, a 22-carat gold coin that was created when Edward ascended the throne. However the coins were never released to the public as Edward VIII abdicated to marry American divorcee Wallis Simpson. With only six ever made, these are the rarest British coins in existence. But why does Edward face the wrong way on his coin?
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Wow... Now I'm less confident about my special 50p collection
You do better collecting copper pennies in circulation now then the 50p coins
if you had to call it a special collection, then its already a special collection :)
The UK 50p coins are lovely. Any collection of 50p coins would be a joy.
As someone who buys a lot of modern royal mint coins, and a few older sovereigns, this was a cool video to watch
lool modern coins are so dumb unless its an error
I prefer the older coins like shillings and florins over the current garbage we have now. Gothic Florin is a absolute masterpiece
Brilliant but too short, and I would like some better close ups! Thanks
PP
Those Edward III coins are gorgeous. I only got into collecting a few years ago mainly because I didn't have enough money until I was in my mid 30s. I wish they showed more Roman coins from Britain, Constantine III minted a whole bunch before he abandoned Britain for imperial aspirations.
My friends just found one. Beautiful coin
The value is what ever someone is willing to pay for it
As a coin collector i found this fascinating!
Great episode. Thanks for the upload.
This was a great episode. Thanks!
😱 that collection is priceless. Thank you so much for the vid
It's a collection of money so by definition, it does in fact have a price, it quite literally _IS_ a price
@@cleverusername9369 it has a face value but that doesn't necessarily equate to the market value which for some of the coins in this collection is vastly higher
@@johnstevenson1709 Exactly. If someone collects precious-metal coins (either bullion or commemoratives, for example) the 'face value' is almost always less than the actual market value of the value (either due to the precious metal content, or the rarity due to limited mintage, etc.).
Regarding 3:02, Dan Snow asks Chris Barker if a gold Nobel coin was worth a pound of gold? The answer is no, because a gold Noble coin was worth one-third of a pound sterling which was based on silver. Since a pound sterling consisted of 240 silver pence, therefore one gold Noble coin was worth 80 silver pence.
Wow!Amazing!👍👍👍
Super happy I found this channel, it's fantastic, the whole production team, hosts and everyone is excellent!!
Thanks so much!
Its on me bucket list need to visit soon 😮
Super knowledge of the mint and the coins by the gentleman 💖🐅🇬🇧
I don’t think history will ever become uninteresting, that was the brilliant take away from this one
Loved this
Excellent video :)
👀why do you keep popping up on videos I watch 😂😂
fascinating, thankyou 🙂 x
Those Nobles are stunning…
It would be great if these were on public display, but i expect that would take a bit of effort in ongoing security and preservation.
I’ve started buying a half sovereign each month as a pension, I have about another 25 years of work left in me so I decided to secure an emergency pension incase something like the BHS Pensions scandal happens again.
It’s very enjoyable having some gold in your possession and soon adds up quickly, almost like a savings account but you hold the assets. You don’t need to be massively financially savvy either to do it.
Hindsight is the best, I am an OAP who cannot really afford to add to my collection anymore. I never collected Gold because the cost of the coins often reflects the bullion value rather the numismatic value. As an amateur I believe you will find coins will do as well as most other investments over a rolling 30 year period.
I would add a caveat though, scarcity and condition are the best investment. I would join a local numismatic club probably the best way to get good advice for free.
I won't be around when you retire ! hope it works out.
Smart!
@@peterperigoe9231 Thank you for your kind words Peter, I am fortunate enough in my job to speak to people from all walks of life in all ages and I often take my time with the ones with an abundance of life experience to ask what their advice would be to a younger self, a lot of them say to invest in your future because it soon comes around.
I also enjoy picking up my coin each month and adding it to my retirement fund, and if later down the line I happened to become too ill to reach retirement, I can at least cash out and use it as a bucket list fund instead! All the best, I hope you are at least enjoying your retirement 😊.
@@peterperigoe9231 great advice. I collected coins from 1970s. Agree with everything you say.
I still think gold sovereigns in uk best. Sadly I never could afford them when I was working. Too many bills to pay. Too much travel to do. Living life.
I found though that lots of the old coins were not worth that much when going to auction. Deffo wish I had had gold coins but the reality is I couldn’t afford it.
Here's some good advice !
DO NOT PAY MINT PRICES
your return will be minimal
Never pay more than the spot price for scrap gold , 9 ct 22 ct half sovereign full sovereign .
I say this because there is much confusion for the layman , at the end of the rainbow the gold is only worth its weight , regardless . An interesting hobby is to buy scrap gold , especially in the current climate as people are struggling .
If you do want to collect only , I would suggest you contact the trade in HG London or JQ Birmingham and explain to a decent trader whom may well offer to sell you any sovereigns for a price above bullion value . That way you get a better deal and the trader makes a little profit .
Remember " it's worth its weight in gold " and no more 👍
Lovely channel in information
I’m now 72 years old and started collecting coins at 8yrs old had a break from collecting due to a family but enjoyed getting back in the saddle so to speak
Love the early milled British coins quality timeless pieces my favourite is 1600 to 1700s
The audio is flipped? His sound is on the left, even though he's on the right?
Great stuff. 👍
"You're nicked!"
Im a American but buy 99.9% Silver coinage with the Queens Image mainly. Super fine attention to detail. Great Video.
Right on the money! 👍
Good video.
Fascinating stuff , I wonder what a Alfred the Great penny would buy in the AD 800 ?
Probably very little, as he wasn't born yet. Maybe try 900 AD?
5 minutes phone time
Cool
An entry level Edward 111 gold nobles starts at about 3k not 20k, the expensive ones are the Edward 111 double leopards i'm not sure he had any of them in that tray as there are only about 3 in existence, 2 in museums and 1 in a private collection, he did have some half leopards in the tray which sell for about 140k at auction. A full double leopard is worth about 500k
3 nobles = 20 shillings = 1 pound of silver, this is where the term "pound" is derived from, not a pound in weight of gold as Dan incorrectly suggested.
It’s interesting that the Edward VIII coins were kept in such a secretive way, but there is no mention of what happened to the dies? I’d have thought that the dies were the most sensitive items needing to be locked away?
They were probably destroyed for exactly that reason. I don’t know that for a fact, mind you, but so long as they have a type example of the original strikings you’d at least have an exact form to make a negative mold with, and hey presto new die.
If anyone reading this has any gold coins or gold of any type they wish to trade then please let me know via comments . If you require essay tools , acids or scales let me know 👍
God Save The King.
Long Live The King.
I enjoyed hearing him talk about the coins but not seeing any.
why is the audio all wonky?
The Royal Mint don't accept some of their own legal tender coins for entrance into the Royal Mint. Mental.
Not sure how it applies to the government, but (generally) business can either accept, or refuse, coins/currency or 'card' payments [unless its repayment for a debt]. This is also true where I live, in the USA. This comes to light periodically, when unhappy people try to pay a traffic fine, or tax levy, with a wheelbarrow of small coins.
What are the actual discontinued coins and paper money in the British currency.
In terms of pre-decimal currency: the farthing (¼d) was discontinued in 1960. The crown (5s) was discontinued in 1965, except for special commemorative coins. The half-penny (½d), penny (1d), threepenny (3d), sixpence (6d), shilling (1s), two shilling (2s), and half-crown (2s 6d) coins, and ten shilling note (10s) were all discontinued by decimalisation in 1971, although the one and two shilling coins remained in circulation alongside the corresponding decimal 5p and 10p coins until they were downsized in the early 90s. Other denominations (higher, lower, and in between) have existed historically, but that's quite a complicated list. The penny was by far the oldest.
Post-decimalisation: the half-penny (½p) was discontinued in 1984. The £1 note was replaced with a coin in 1983, and then majorly redesigned in 2017. Notes get refreshed every few years. The oldest coins you'll find in circulation now are 1p and 2p coins from 1971.
Coins before 1920 were 92.5% Silver
Coins before 1947 were 50% silver
And coins today in the UK after 1947 no longer is minted in silver except for certain collectors items or the occasional error
So George VI could not have brought a shilling with Edward XIII on it, to Lionel Logue, as depicted in "The King's Speech."
I'm sure he could've got one of the prototype Edward VIII designs if he wanted. Whether he actually did or not is another thing.
I think he had to approve it
Llantrisant, the hole with a mint in it. No idea if that's true but it is a funny joke!
To His Majesty King Charles the III.
Elizabeth's Beloved Son.
Rebecca has gold coin buttons on her dress.
What about the Royal AUSTRALIAN Mint
I'd give my left arm for that Alfred coin.
Very poor audio
Great video, but the audio editing is not great- sounds like you've got each lav mic panned hard left and hard right, which doesn't really work for this kind of content, and it also doesn't make the talent's location on screen.
Dan's wife has got a few coin's .
Bahahaha! “Asking for a friend,” he says. My gods, in the couple moments after that, the enigma that is Mr. Dan is as transparent as Swiss gwindel quartz. Just lookit that face…. My guy there tells him “Oh, if you’ve got 20 grand floating in your coffee you can pick up an example at the absolute lowest end of those particular pieces.” Probably expecting Dan to, I dunno, gasp, maybe? Exhibit some form of surprise or disbelief, but dans face immediately betrays his thoughts; “Hmmmmm… 20 thousand quid…. Things would be a little tight for a while… that’s a lot… buuuutttt it’s not, strictly speaking impossible…. Damn I want one. Should I get one? Or should I be responsible? Nah, how often would you get the chance?” Poor man looks absolutely torn in two. 😂 He’s teetering on a razor so precariously Im fairly sure a bat fart could push him one way or the other in the matter. Heh.
Coin collecting has never been something that interests me, but I can understand WHY people are interested (Other than the potential financial investment). If only coins could speak.....The stories that could be told by a coin that was once carried and used by Jesus Harold Christ (Assuming he did exist??), Adolf Hitler or President Lincoln....How many countries has a coin travelled to since it was minted in 398 BC! Coins are used by virtually everyone, and have been for thousands of years, so much history....IF they could speak!
Really? Harold? Huh…
@@jangosavdjdubsak1079 OK, maybe that wasn't really his name.......
The "Newton's Law" podcast is very good... just saying
And now the American Gold Eagle is the chief coin of the world.
I don't know about that...even James Bond had (50?) gold Sovereigns hidden inside in his briefcase in that movie, "From Russia with Love."
@@kenc2257 a movie made before the Gold Eagle existed. My point stands and I am correct
The town of Llantrisant is known locally as the "Hole with the Mint" ...... which for non-Brits is the tag line for a well-known brand of mint sweets that has a hole in the middle reversed
I forget how much the coins I was left are worth 😂
who payed for this? it better not be funded by tax payers. that coin collection must be worth 100 million dollars
Dan get denture glue, it's audible.
Rule Britannia.
Very interesting but please sack the sound guy.
Disgraceful. All we see is Dan etc What about THE COINS in closeup.