Published on January 22nd, 2015 | by Sally Wenham
Limited Edition Silver Coin Sells Out!
Here at the Post Office Shop, we were interested to learn that the Royal Mints first ever £100 silver coin has already sold out within days of its release! The coin which depicts the Houses of Parliament and the clock tower, formally named the Elizabeth Tower, was released to celebrate the New Year.
The coin has been produced in a limited edition of only 50,000 and it is also the first ever coin to be brought out specifically to celebrate the New Year. The coin is 40mm in diameter which is around two times the size of a £1 coin and contains around two ounces of silver.
The coin was designed by Glyn Davies and Laura Clancy at the Royal Mint and portrays a view of the Elizabeth Tower from ground level. Although this is a sight which many people see each day in the Capital, it is very rare that you get to see it in such a clear view. Mr Davies commented ‘It’s never possible to get an uninterrupted view of the clock tower without it being obscured in some way by the weather, other tourists or even its own location’.
Like standard coins, it also features the Queens portrait on the reverse side along with the year stamp of 2015. Although this coin is legal tender, there are no versions being released into standard circulation as they are purely intended to be collectible items.
Shane Bissett, the Royal Mints Director of Commemorative Coins and Medals said: ‘The sound of Big Ben chiming in the Elizabeth Tower is one which is synonymous with Britain for millions of British citizens and tourists alike, particularly on New Year’s Eve’.
‘We thought that this British Icon was a fitting choice for this £100 coin and that the New Year was the perfect time to reveal it’.
The quick sale of these coins follows on from the success of the coin released to celebrate the birth of Prince George of Cambridge, which was the first ever £20 coin released. The £5 silver crown to celebrate his first birthday released in July 2014 also proved popular with collectors.