Tag Archives: silver coin

South African Mint to Produce its First Silver Krugerrand


South Africa has always been enjoying the huge precious metal deposits in its soil. Also, it has been a world-leader in the international gold coin market for quite some time now. The South African Gold Krugerrand was the first modern bullion coin available in the global market for trade in 1967. Continue reading

Royal Mint UK to mark William Shakespeare’s 400th Death Anniversary

The Shakespeare 2016 £50 Fine Silver Coin. Credit: The Royal Mint

The Shakespeare 2016 £50 Fine Silver Coin. Credit: The Royal Mint

The Royal Mint recently released a series of new coins for 2016 including a £2 with a representation of Hamlet’s court jester Yorick’s skull to mark the 400th anniversary of William Shakespeare’s death. Continue reading

The Largest Silver Coin in The World – 1,750 oz Silver Elephant Coin

Credit: APMEX

Credit: APMEX

The largest silver coin in the world is minted by the Leipziger Edelmetallverarbeitung GmbH in co-operation with Geiger Edelmetalle GmbH. This has a limited mintage of only 15 coins with Serial numbers from 001 to 015. Continue reading

Silver Coin to Celebrate 125th Anniversary of Basketball Invention

Silver Coloured Coin – 125th Anniversary of the Invention of Basketball

Credit: Royal Canadian Mint

A Canadian physical educator, physician, sports coach and innovator Dr. James Naismith invented the game of Basketball in the year 1891. It has the pace and tremendous excitement too! Every player of the team on the court has the opportunity to shine during a game of basketball but this action-packed sport relies heavily on teamwork. Basketball was adapted as the demonstration sport in 1904 Olympic and official event at 1936 Summer Olympics. Today this sport has reached in every nook and corner of the world and is one of the most liked games across the globe. It can be played indoors and outdoors.

To celebrate the ‘125th Anniversary of the Invention of Basketball’, the Royal Canadian Mint (RCM) has minted a coloured convex-shaped silver coin. The first-ever coloured convex-shaped coin is designed by Canadian artist Glen Green. The coin’s deep convex curvature is designed to recreate the rounded shape of a basketball. In addition to its unusual shape, the precision engraving replicates the actual elements associated with the basketball—specifically the recessed lines and the dimpled surface on the coin. The application of color reflects its iconic orange appearance. The engraved action shot shows fast-paced intensity of the game in the foreground – a player on the left leaps towards the net for a dunk shot, while the one on the right moves quickly to defend the shot with his outstretched arm. On sides, two engraved basketballs overlap the wide band that frames the reverse image, where the word “CANADA” is engraved above the years “1891-2016” which year mark basketball’s 125th anniversary. As the one side of the coin is convex, the other side or obverse or heads side is concave. Susanna Blunt’s effigy of Queen Elizabeth II is embossed on this side and inscribed -“ELIZABETH II,” “DG REGINA” and the coin’s legal face value of “25 DOLLARS.”

Great attention paid to detailing and minting, is proved by the engraved elements so that, it should feel like you’re holding a small basketball in the palm.

Coin specifications as published by RCM are:
• Royal Canadian Mint Product No.: 153904
• Mintage: 8500
• Composition: 99.99% pure silver, coin is GST/HST exempt!
• Finish: proof
• Weight (g): 30.75
• Diameter (mm): 36.07
• Edge: serrated
• Certificate: serialized
• Face value (CAD): 25 Canadian dollars
• Reverse Artist: Glen Green
• Obverse Artist: Susanna Blunt

The Royal Canadian Mint’s first colourized, convex-shaped collectible coin sells for CAD $159.95 or about US $123. Each coin is packed and presented in a Royal Canadian Mint-branded maroon clamshell with a black beauty box.

Silver Prices Trend in the Year 2016 and the Controlling Factors

Silver coins

Silver coins

Silver, a precious metal and also very much valued in the industries due its peculiar properties. Silver is also having high demand among investors due very high fluctuations in the world economy. Continue reading

Silver Prices Around The World Are Changing Mining Operations

Silver Bars

Silver Bars

The silver investment that most people make has been pretty stable, but people are getting concerned that they are not going to get the same returns they did at one time. Continue reading

A New Volcano Coin with Mt Vesuvius’ Lava

Following the Erta Ale volcano of Ethiopia, the Mint of Poland has issued two-ounce silver coins. This is the second release during the ongoing volcano series of silver investment. The coin features an inlay of the actual lava oozing from Mount Vesuvius. Continue reading

Royal Berkshire Hospital Discovers ‘Pricesless’ Silver 2p Coin

Credit: Royal Berkshire Hospital

Credit: Royal Berkshire Hospital

A rare 2p silver coin donated in the Royal Berkshire Hospital ‘cash for coins’ box has garnered more than £800 on eBay after a keen hospital volunteer recognized its rarity value. The volunteer, Becky Jennings, noted that it was not a regular bronze coin and called up an auction house. They said that the coin was a rare mint-made error, which could fetch up to £1000. In reality too, the coin went for £802.03 – 40,101 times its face value. Continue reading