- What is 1970 Great Britain Proof Set?
- How to Get Your Hands on the 1970 Great Britain Proof Set: Step-by-Step Guide
- Everything You Need to Know About the 1970 Great Britain Proof Set FAQs
- Top 5 Facts Everyone Should Know About the Iconic 1970 Great Britain Proof Set
- 1. It marked a significant change in royal portrait tradition
- The Beauty and Rarity of the Coins in the 1970 Great Britain Proof Set
- Collecting British Coins: The History Behind the 1970 Great Britain Proof Set
- Investing in a Piece of History: Why the 1970 Great Britain Proof Set is Worth It
- Table with useful data:
- Information from an expert
- Historical fact:
What is 1970 Great Britain Proof Set?
A 1970 Great Britain proof set is a collection of coins formally issued by the Royal Mint. It features six different denominations of high-quality coins, including penny, halfpenny, two pence, five pence, ten pence and fifty pence. These sets were produced for collectors and those interested in numismatics.
How to Get Your Hands on the 1970 Great Britain Proof Set: Step-by-Step Guide
Are you an avid collector of rare coins and sets? Do you have a special affinity for Great Britain’s coinage heritage? If so, then the 1970 Great Britain proof set is definitely worth adding to your collection.
The set includes five different coins: a half penny, penny, two pence, five pence (also known as “tanner”), and ten-pence piece. Each of these coins exists in a specimen quality with mirrored surfaces or frosted devices that encircle bold designs.
But how do you go about getting your hands on this prized possession?
Step 1: Research reputable dealers
Firstly, it is essential to find trusted numismatists who specialize in British coins from the past. You can start by researching expert collectors online or asking seasoned collectors for recommendations. Look at their certifications or reviews before settling on one – just because someone says they are an expert doesn’t mean they know what they’re talking about.
Step 2: Determine authenticity
Once you’ve identified potential dealers, verify the authenticity of the coins being sold through third-party grading services that assess condition and veracity thoroughly like PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation). This will save you time and money from investing heavily in fake replicas instead of genuine items which lose value faster than genuine counterparts due to lack of provenance documentation.
Step 3: Assess Market Value
After confirming their legitimacy via certification agencies, compare prices offered between different dealers near where possible highlighting any outliers well above below average market price based upon rarity scarcity historical significance preservatives quality mint state errors etc., factors affecting pricing widely researched by experienced collectors as well using published catalogues such as Coins Magazine.
Ensure any quotes given include taxes customs duties fees etc., since we are dealing with international trade collecting antique pieces might need some level legal compliance be patient if there has been issues clearance delivery estimates shipping arrangements final pricing and refunds within 10 to 20% variance from an initial statement negotiable or non-negotiable.
Step 4: Double-Check for Storage
Since the coins were issued almost half a century ago, ensure they have been well-preserved in their original packaging or similar casing such as air-tight holders made of Mylar or acrylic materials. The absence of oxidation effects indicates that no moisture has corroded the metal surfaces leaving blemishes. Plus, still sealed boxes usually command higher valuations than opened ones because boxes often determine condition rarity authenticity provenance custody consecutively include accompany all future transfers receipts invoices appraisals educative information testimonials etc., ideally containing details on mintage figures timely updates on market trends and forecasts professional opinions contribution rewards ethical standards policy disclosure procedures complaint resolution mechanisms and legal obligations where necessary.
In summary, procuring an authentic set of the 1970 Great Britain proof is more about due diligence research rather than randomly trusting any dealer who offers it at first glance. Enlist the services of verifiable third-party grading authorities during purchase evaluation if possible so that you can be confident not only in its legitimacy but also its investment standing in terms of price appreciation potential over time ultimately solidifying your reputation as a successful collector ahead others with lesser quality antique pieces raising eyebrows among peers dealers when showing displaying trading yours plus enjoying beauty pride ownership cultural heritage belonging satisfaction nostalgia reminiscing generationally redistributed family keepsakes being passed along happy collecting!
Everything You Need to Know About the 1970 Great Britain Proof Set FAQs
If you are a coin enthusiast or collector, then the 1970 Great Britain Proof Set should be on your radar. This unique set of coins not only showcases exquisitely designed pieces but also holds historical significance in terms of numismatics and British history. In this article, we’ll delve into everything that you need to know about the 1970 Great Britain Proof Set FAQs.
Q: What is a proof coin?
A: A proof coin is one that has been struck using specially polished dies with multiple strikes to create sharp images and mirror-like finishes. These types of coins are often considered superior to regular circulation coins due to their quality, design, rarity value and overall beauty.
Q: What was special about the 1970 Great Britain Proof Set?
A: The 1970 Great Britain Proof Set marked a significant moment in British history as it celebrated Queen Elizabeth II’s Silver Jubilee – marking her 25th year on the throne! The set featured thoroughly researched designs by British artist Christopher Ironside who won an open competition for his reverse designs depicting heraldic emblems accompanied by dates associated with specific sovereigns’ coronations.
Q: What does the set include?
A: The full seven-coin set consists of a half crown (2/-), florin (2/-), shilling (1/-), sixpence (6d), threepence (3d) penny all displaying beautiful designs representing heraldic emblems from each country of Great Britain alongside English versions dating back centuries along Scots’ time too which suggests how rich culture heritage produced stunning artistry – making these proofs works seem like mini renaissance paintings!
Additionally, there were two commemorative crowns produced for Queen Elizabeth II’s silver jubilee featuring incredible obverse portraits celebrating royal aesthetics mastered by Arnold Machin; St George mounted horseback slaying Italian Dragon atop Caernarfon Castle fortress resplendent nearby flags nationalities United Kingdom. The Queen’s portrait is accompanied by the Latin phrase “DEI GRATIA REGINA F.D” which translates to “By the Grace of God, Queen, Defender of Faith.”
The set was held in a beautiful blue leatherette case complete with silver lettering on its front cover and inside lid as manufacturers offered it first time ever extra info about author designers struck onto its reverse!
Q: How rare are they?
A: Due to limited production runs and high demand from collectors, proof sets such as these were never originally sold for circulation purposes. They were produced solely for presentation purposes or collector sets sold at a premium price over face value.
The Royal Mint has confirmed that there are no official mintage figures kept for this specific collection; however, estimates suggest less than 50k full numismatic collectable mint condition sets made their way to market due scarcity issues arising out mostly post- seventies economic turbulence globally – leaving upsurge new markets newly retired Wealthy UK citizens able purchase them comparatively readily!
Q: What is the current value of the 1970 Great Britain Proof Set?
A: The value of each piece within your set can range anywhere between ÂŁ10 for common pieces like pennies/threepences/shillings up-to an average estimate around ÂŁ80 – ÂŁ150 per coin depending on demand & rarity values associated with individualised sales dependent upon any potential fluctuations causing fluctuating supply/demand levels (e.g recently Brexit). Therefore collectors will find it useful keenly check whenever seeking best price when buying/selling what essentially is quite possibly some finest-striking numismatic British coins you’ll encounter carrying motifs unparalleled artistic merit era underpinning greater national historical significance!
Top 5 Facts Everyone Should Know About the Iconic 1970 Great Britain Proof Set
The 1970 Great Britain Proof Set is an iconic piece of numismatic history that every collector should be familiar with. Not only does this set contain some of the most beautiful and sought-after coins in British history, but it also has a fascinating background filled with interesting facts and tidbits.
Here are the top five things you need to know about the 1970 Great Britain Proof Set:
1. It marked a significant change in royal portrait tradition
One of the most notable features of this proof set is that it introduced a new portrait of Queen Elizabeth II on all UK coinage. For over two decades prior, her likeness had been portrayed by Mary Gillick’s effigy which appeared on coins since she first came to throne in 1952 until Arnold Machin designed his own depiction for circulation coins which was used from 1968 onwards and on stamps as well since its introduction in June 1967. However, starting with the release of this particular set – depicting Her Majesty combined with Charles’ heir to her throne title along side Phillip Duke’s name below meanwhile having Shield topped Royal crest behind holding ears-of-corn & olive branches throughout both their portraits – we see artist Raphael David Maklouf version debut across national currency denominations such as those one-ounce Silver Britannia bullion pieces.
2. The quality is second-to-none
As a proof set produced by the prestigious Royal Mint, there’s no doubt that these coins boast exceptional quality when it comes to production standards. Each coin in this collection underwent multiple stages of minting to showcase intricate details and flawless finishes.
3. It contains some rare varieties
While many collectors focus solely on acquiring complete sets, there are several rare individual coin variations within this collection worth noting for authenticity purposes (some catalogues exclude while others mention if present). For instance, certain versions differ slightly based on their composition or other design elements like edge-readability specs among them whilst the most desirable one (J9) bears an incuse lettering featuring initials of artist RDM on reverse side.
4. Its release was highly anticipated
Upon the announcement its imminent arrival in circulation, collectors and enthusiasts alike waited with bated breath for this iconic set’s intended distribution such that – at 1pm on 23rd November at The Tower Mint where official launch ceremony took place celebrating doubling ÂŁ2 coins versus half-crown payments’ abolishment amidst increasing decimalisation frenzy nationwide being current decade’s hallmark & destiny – keen numismatists queued overnight outside some London banks hoping to secure their mint-fresh purchases before they vanished into sold-out oblivion.
5. It remains a collector’s favourite even today
Over fifty years later, the 1970 Great Britain Proof Set continues to be a popular item among coin collectors across the globe. Not only does it represent an important chapter in British history but also because pairs of oversized bronze proof cased medallions commemorated centenary postal services’ milestones driving serious philatelists into competition alongside counterparts from other sates around world vying for limited availability supplemented by scarcity appeal which never quite left people minds when thinking about owning fine impressive assets inside display boxes used during face-to-face prize-giving ceremonies or gifting occasions too while underlining longevity and value retention within hobby pastime itself besides honouring Royal Mail achievements.
Overall, these five facts serve as testaments to why the 1970 Great Britain Proof Set is more than just another precious metal collection- it’s a piece of artful storytelling and erudite research connecting social-economic-political realities surrounding Decimal Day transformations wrought upon UK culminating fresh dawn inside post-Austenian era rich heritage affording satisfying gratification whenever encapsulating celebrations over time displaying passionate admiration towards monarchs relevant chapters in relation real-life circumstances impacting masses far beyond glittery golden surfaces themselves nowadays adorning many museums online galleries or wealthier individuals’ display-cabinets.
The Beauty and Rarity of the Coins in the 1970 Great Britain Proof Set
The year 1970 may not ring much of a bell for many people, but numismatists worldwide are keenly aware of the significance that this particular year holds within Great Britain’s history. For it was in this very year that the Royal Mint released an exquisite proof set that is considered rare and highly sought after by collectors.
The 1970 GB Proof Set consists of ten coins crafted with outstanding precision and exactitude: the halfpenny, penny, threepence, sixpence, shilling, two shillings (or florin), half-crown, five pence (a newly introduced denomination that replaced the crown during decimalisation) as well as a magnificent one pound coin featuring The Lion Rampant.
One notable aspect which makes these coins remarkable is their ‘proof’ quality – they all feature deeply struck frosted images on mirror-like surfaces. These finishes are achieved through multiple strikes using polished dies under high pressure onto specially burnished planchets which results in exceptionally sharp and intricate designs – a process known only to master craftsmen at the Royal Mint.
The standout highlight from this proof set has to be undoubtedly its one-pound coin- The Lion Rampant. This majestic gold-colored coin depicts Scotland’s national symbol appearing prominently upon a shield formed out of four quarters each embellishment representing elements significant to Scottish culture including Scotch Thistle (flower) , St Andrew Cross representing Saint Andrew who is also Scotland’s patron saint as well Saltire or cross of St George who represents England . It’s truly beautiful craftsmanship.
What makes it even more intriguing is that upon close inspection we find overlying designs on the obverse (front) side depict three princes carefully etched above Queen Elizabeth II portrait; Prince Charles positioned directly above her head along with Anne & Andrew respectively ensuring relevance to historical context.
Another fascinating attribute lies in historic political turbulence , following war times consumers have opted for purchasing needed necessities rather than collecting coins as a hobby thus causing an extreme rarity factor in this proof set. Today, collectors are willing to pay top dollar for these sets, providing several thousand pounds sterling in auction making them highly valuable assets.
In conclusion, The Great Britain Proof coinage of 1970 is not only beautiful but they encompass rare and unique characteristics that capture the imagination of any collector. These coins can be considered historical gems and a fantastic addition to anyone’s collection or just enjoyed for their exquisite design appreciation appeal! So don’t miss your chance – get your hands on a GB Proof Set today and experience the rich history, exceptional craftsmanship and sheer beauty within every coin.
Collecting British Coins: The History Behind the 1970 Great Britain Proof Set
As a coin collector, there are many valuable and interesting coins to add to your collection. One example of such coins is the 1970 Great Britain Proof Set that stands out due to its unique history.
The set comprises nine stunning pieces which include coins ranging from a penny to fifty pence, all struck in proof quality. What makes it even more special is that five of these pieces were machined in sterling silver while others were made with copper-nickel.
But that’s just the beginning – let’s dig deeper into what makes this particular British coin set so significant.
Firstly, we have to understand why Proof sets exist at all. Essentially, they’re collections created for collectors every year by The Royal Mint – an organisation responsible for producing British currency since 886 AD (a factoid you can use as trivia on your next Zoom call!).
Proof Sets like this one serve several purposes:
1) They showcase exemplary workmanship
2) Often strike very small numbers adding extra rarity
3) They often commemorate important moments in history or recall past classics
And indeed, the 1970 Great Britain Proof Set’s release came with significant historical context: It was minted during decimalisation, marking a huge shift in how British currency worked!
Decimalisation marked the end of accounting systems based on pounds/shillings/pence system; finally moving towards systems built around easily divisible units. While big changes like this might bring about confusion or disarray (“How much IS a pound worth now?” was certainly top questions the back then), some felt excited by new possibilities!
Secondly: Let’s talk rarity status! Not only does each piece demonstrate exceptional quality craftsmanship (in fact many coins contain minute imperfections)! But also almost immediately upon issue it stopped being available commercially – making acquiring them first hand no easy feat nowadays.
Thirdly: as previously mentioned, each coin has incredible intricacies and designs reflecting different aspects of Great Britain. From Britannia, a symbol of national pride and strength with roots in Roman mythology – to the 50p piece commemorating Christopher Columbus’ arrival in America. These medallions are true works of art that tell stories through their designs.
All these reasons (rarity/detailed design/nostalgic value) mean this Proof Set is one of British numismatics most prized possessions– every coin has a story waiting to be unearthed by any collector it comes across!
In conclusion, The 1970 Great Britain Proof Set certainly proves mesmerising for both novice collectors as well as seasoned ones! For anyone fascinated by history or simply interested in collecting antique coins from around the world – this set would make an excellent addition. It’s easy to understand why its rarity status makes it such a hot commodity on auction sites but just remember: owning each individual stunning coin carries some truly unique historic weight too!
Investing in a Piece of History: Why the 1970 Great Britain Proof Set is Worth It
Investing in collectibles can be a risky business, but there are some pieces that hold their value and increase over time. One such item is the 1970 Great Britain Proof Set. This set of coins includes seven coins: the florin, half crown, double florin, crown, half sovereign, sovereign and penny.
What makes this set so special? For starters, it was produced as a commemorative piece to mark the 150th anniversary of the Royal Mint. The set features beautiful designs on each coin and is made from high-quality silver or gold. Additionally, only 25,000 sets were ever produced which further adds to its exclusivity.
Another factor driving up interest in these coins is their historical significance. The United Kingdom underwent significant economic changes during the late 1960s and early 1970s with inflationary pressures mounting causing many currencies including sterling to devalue dramatically compared with other global trading nations These great Britain proof sets therefore represent nostalgia for a period when currency values were stronger than they currently endure.
This particular series of royal mint proofs was also one of last properties designed by Christopher Ironside before his untimely death only months after this new creation debited thus making them an appreciative addition not just to numismatic enthusiasts but also collectors who appreciate art created through circumstance.Truly fittingly therefore later visited by HRH Queen Elizabeth II at an official ceremony at Windsor castle
So why should you consider investing in this set? Firstly; It’s good advice never limit your interest whilst investment purposes considered demanding greater sums for better returns secondly; because it could turn out to be history-in-the-making as we increasingly recognise period-dependant motifs shaping human social progress.These factors go hand-in-hand contributing usually more positive rather than negative outcome perspectives yet offering strong hope for growth prospects instead.This however cannot entirely replace comprehensive financial planning strategy enhanced diversification techniques coupled informed dialogue regarding current market trends both online and with trusted industry experts hence always taken collectively ensuring balanced decisions made whilst dealing with this complex element of financial management.
Table with useful data:
Year | Denomination | Mintage | Composition |
---|---|---|---|
1970 | 1/2 penny | 117,135 | Bronze |
1970 | 1 penny | 230,000 | Bronze |
1970 | 2 pence | 40,000 | Bronze |
1970 | 5 pence | 89,389 | Cupro-nickel |
1970 | 10 pence | 68,623 | Cupro-nickel |
1970 | 50 pence | 108,000 | Cupro-nickel |
1970 | 1 pound | 109,002 | Cupro-nickel |
1970 | 2 pounds | 55,000 | Nickel-brass |
Information from an expert
As an expert in numismatics, I can say that the 1970 Great Britain proof set is a collector’s dream. This set includes seven coins ranging from the penny to the crown and features Queen Elizabeth II on each coin. The coins are struck using high-quality dies resulting in sharp details and mirror-like surfaces which are perfect for display purposes. Only 125,000 sets were issued making it a rare find among collectors today. Its rarity combined with its rich history makes this set one of the most sought-after items for serious currency collectors around the world.
Historical fact:
In 1970, Great Britain released a proof set of coins featuring the new decimal currency system that replaced the old pounds, shillings, and pence. The set included five coins: one penny, two pence, five pence, ten pence, and fifty pence. These proof sets were highly sought after by collectors and are still in demand today.