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In the wonderful world of numismatics, you will hear many terms for the gold and silver that you purchase, and some of the terms that you may hear could be PROOF, UNCIRCULATED, and BULLION. Here is a quick guide to the differences between the three.
Following on from our blog ‘Coin Collecting Glossary – What You Need to Know’, we take a look at some more of the terms that you may find useful if you are starting out in the wonderful world of numismatics.
Her Majesty Queen Elizabeth II celebrates her 95th birthday this year on April 21st, making her Britain’s oldest reigning monarch. This, together with what has been an incredible 69-year reign so far, makes her quite a remarkable presence and one that Britain will rejoice and celebrate in April this year.
In 1947, Queen Elizabeth II married Prince Philip, Duke of Edinburgh, and the couple has four children: Charles, Prince of Wales; Anne, Princess Royal; Prince Andrew, Duke of York; and Prince Edward, Earl of Wessex. In 1953, Elizabeth was crowned and officially recognized as sovereign. Since then, the Queen has served in her role as the Queen of England, and in 2018, she became the first British monarch to reach a Sapphire Jubilee—a celebration to mark 65 years of her reign.
Having researched the best place to put the money that you have diligently saved, you decide, quite wisely, that gold may be a viable option, and a Hattons of London advert for their latest sovereign appears on the television and it sparks your interest.
This year marks the 50th anniversary of the decimalisation of British currency. On the 15th February 1971, also known as Decimal Day, the country switched to the decimal currency that we are used to today (multiples of 10 and 100). But why did this change occur?
Before this date, Britain used a monetary system that dated all the way back to the Roman Empire. The problem with this system however, is that the old Pounds, Shillings and Pence were based on multiples of 12 and 240. This, as you can imagine, made it very complicated and often confusing to the everyday person; 12 pennies in a shilling and 240 pennies in a pound! Now we’re looking at four things you want to know about Decimalisation…
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