Royal Mint will continue its new series of silver coins sold at face
value, but the second coin in the series will feature a reduced
2014 coin, honoring the anniversary of World War I, is scheduled to be
released in July, the Royal Mint announced April 24. The Royal Mint
has not unveiled the design for the forthcoming coin.
new coin will have a mintage limit of 150,000 pieces. A 2013 coin,
with a design of St. George slaying the dragon, inaugurated the series
and was proclaimed a sellout of its mintage of 250,000 pieces about a
week before the 2014 coin was confirmed.
second coin's reduced mintage limit may spur a quicker sellout and
will mean, unusual compared to many world coin programs, that the
first issue is not the key coin to the program.
£20-for-£20 program offers a half-ounce silver coin at face value to
collectors in the United Kingdom. The offer for the first coin was
eventually extended to collectors in certain other countries, after it
was offered initially only to customers in the United Kingdom.
Brilliant Uncirculated 2014 .999 fine silver £20 coin weighs 15.71
grams and measures 27 millimeters in diameter.
the program sounds familiar, it should — the Royal Mint’s program is
based on a program instituted by Canada in 2011, where a coin of the
same size and mintage limit was sold for $20 Canadian. The Canadian
program has since experienced a reduction in the mintage limit, to
225,000 pieces, after 11 coins were issued with a higher limit.
Royal Mint is soliciting collector sign-ups to be notified when the
new coin becomes available, at a special page at its website, www.royalmint.com/Pre-register/2014-20-Pound-Coin.
equivalent of £20 in U.S. dollars is about $33.60.