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Royal Mint unveils huge ₤ 10,000 gold coin

The Royal Mint has produced a 10kg (22lb) gold coin, the greatest in its 1,100-year history. It took 400 hours to produce the coin– explained by the Mint as a “masterwork”– consisting of four days of polishing.

The coin has actually already been offered. The Mint did not give information about the sale or purchaser, but said a coin of this calibre and workmanship would be priced in the area of six figures.

The 20cm-wide coin was developed by a team of master craftspeople at the Mint, combining conventional skills with ingenious technology. Modern methods were utilized at the start of the procedure, with engraving machines used to thoroughly cut the design on to the coin, which has a denomination of ₤ 10,000.

A master toolmaker then hand-worked the coin, eliminating any marks made by the cutting procedure, prior to 4 days of polishing. Lastly, the coin was laser-frosted to texture the surface.

For those whose budgets would not have actually stretched to purchase the coin, variations of the design are available in a series of surfaces, with prices starting at ₤ 13 for a ₤ 5 denomination uncirculated coin.

The coin marks the conclusion of the Mint’s Queen’s Beasts celebratory coin collection. The series took its inspiration from 10 statues that lined the Queen’s path to Westminster Abbey at her coronation in 1953.

Starting with the Lion of England in 2017, the collection has actually showcased the history and significance of each animal in turn. The last coin reunites all 10 beasts in one style, also consisting of a lion, griffin, falcon, bull, yale, greyhound, dragon, unicorn and horse.

Clare Maclennan, the divisional director of celebratory coins at the Royal Mint, stated: “We are pleased to unveil a Royal Mint first with the production of the UK’s biggest coin to celebrate the conclusion of our Queen’s Beasts celebratory coin collection. It is the most recent in our Masterworks series, which provide special artworks for collectors, specifically from the Royal Mint.

” The Royal Mint’s Queen’s Monsters commemorative coin collection has actually grown in popularity since the very first monster was presented in 2017 and has ended up being a company preferred among coin collectors around the world. This coin sets a brand-new standard for minting, combining centuries old techniques with ingenious technology to create an unique and stunning masterpiece. It is the largest coin ever created by the Royal Mint, and is testimony to the expertise, workmanship and skill of our group.”

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