1963) Bicentenary of the "Gold Standard being written into Law (1821-2021)", United Kingdom: Gold Proof Coin Variants in the denominations of £100 UKP & £25 UKP issued by the Royal Mint, UK: Year of Coin issue: 2021:
Launched in 2016 to mark the 200th anniversary of Britain creating the Gold Standard (1816-2016), the Royal Mint's Gold Bullion Coin range encompassed a quarter-ounce and a one-ounce carrying the same design, which was built around a set of scales, which are essential to monitor the accuracy necessary for the transfer of a precious metal sold by weight.
This Gold Coin has been issued by the Royal Mint, UK to mark the Bicentenary of the Gold Standard being written into law (1821-2021):
The Gold Proof Coin of 100 UKP placed against a background impression of weights and measures
As with the Gold Bullion Coin, there are two weights making up the range, the same one-ounce (100 UK Pounds) and quarter-ounce (25 UK Pounds) variants.
About the Gold Standard being written into Law in 1821:
First written into law in 1821, the Gold Standard was a concept linked to the mind of Isaac Newton, former Master of the Royal Mint, UK.
Isaac Newton issued a report in 1717 that led to the Gold Guinea being assigned a fixed value.
Following the Coinage Act of 1816, Britain’s Gold Standard was adopted and it was the first system of its type in the world.
Several countries with large economies followed the British lead, including Canada, the United States and Germany.
Backed by the newly revived Sovereign, it became a global monetary system that remained until the outbreak of the First World War in 1914, drove gold coins out of circulation.
The Chancellor of the Exchequer returned Britain to a Gold Standard in 1925 but it was abandoned altogether in 1931 as economic pressures mounted.
The Bicentenary Anniversary is being celebrated on a Proof coin for the first time, following a bullion range that has been released previously by The Royal Mint, with the same Reverse design (in 2016).
The Reverse Design, depicting scales to reflect the balance and precision of the standard, comes from Royal Mint designer - Dominique Evans who has also designed coins celebrating Jane Austen, the Sapphire Coronation of the Queen and the Diversity Build Britain 50p released as both circulating and commemorative, last year.
The Gold Coin has been issued in two Variants:
The Two Variants - 1 Oz Fine Gold (100 UKP) and 1/4 Oz (25 UKP) placed together.
i) The specifications of the £100 UKP Coin are:
Country of issue: United Kingdom; Coin Theme: "THE GOLD STANDARD 2021"; "Year: 2021; Denomination/Face Value: £100 UKP (One Hundred UK Pounds); Metal Composition: .9999 Fineness Gold (Au); Weight: 31.21 grams; Diameter/Size: 32.69 mm; Coin Quality: Proof; Mint: Royal Mint, UK; Mintage: 260 pieces; Presentation Box/Case: Yes; Certificate of Authenticity (COA): Yes; Designer: Dominique Evans.
ii) The specifications of the £25 UKP Coin are:
Country of issue: United Kingdom; Year: 2021; Denomination/Face Value: £25 UKP (Twenty Five UK Pounds); Metal Composition: .9999 Fineness Gold (Au); Weight: 7.80 grams; Diameter/Size: 22.0 mm; Coin Quality: Proof; Mint: Royal Mint, UK; Mintage: 910 pieces; Presentation Box/Case: Yes; Certificate of Authenticity (COA): Yes.
- Both Gold Proof Coins come housed in wooden boxes, which are the Royal Mint UK standard presentation cases, as well as, they are accompanied with a Certificate of Authenticity (COA).
- In addition, the Mint has issued an attractive set containing a quarter-ounce coin, together-with a 1931 Gold Sovereign Coin. The significance here is 1931 was the year the Gold Standard was abandoned.
Links: Postage Stamps from the British Isles:
"Tales of the Earth Coin Series": The Second Dinosaurs Collector Coin Series:
Myths & Legends Coin Series:
3) Hylaeosaurus, United Kingdom: Third and final Coin in a three Coin 50 Pence Coin Series titled "Tales of the Earth - Dinosauria", brought out by the Royal Mint, UK in five variants - Gold, Silver (x 2 coins) and Cupro-nickel (x 2 Coins): Date of coin issue: 01.06.2020
Links to some other interesting posts from the British Isles and British Overseas Territories/Dependencies:
Links: Crypto-Currency Stamps & Coin Posts:
British Antarctic Territory (BAT) Related Links on this Blog:
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