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In the wonderful world of numismatics, you will hear many terms for the gold and silver that you purchase, and some of the terms that you may hear could be PROOF, BRILLIANT UNCIRCULATED or BU, and BULLION. Here is a quick guide to the differences between the three.
Following on from our blog ‘Coin Collecting Glossary – The In’s and Out’s’, we take a look at some more of the terms that you may find useful if you are starting out in the wonderful world of numismatics.
Her Majesty Queen Elizabeth II celebrates her 95th birthday this year on April 21st, making her Britain’s oldest reigning monarch. This, together with what has been an incredible 69-year reign so far, makes her quite a remarkable presence and one that Britain will rejoice and celebrate in April this year.
In 1947, Queen Elizabeth II married Prince Philip, Duke of Edinburgh, and the couple has four children: Charles, Prince of Wales; Anne, Princess Royal; Prince Andrew, Duke of York; and Prince Edward, Earl of Wessex. In 1953, Elizabeth was crowned and officially recognized as sovereign. Since then, the Queen has served in her role as the Queen of England, and in 2018, she became the first British monarch to reach a Sapphire Jubilee—a celebration to mark 65 years of her reign.
Royal Maundy is the tradition of the British Monarch ceremonially distributing small silver coins, known as “Maundy Money”, to elderly recipients. It dates back as far 600 AD and its origins lie in the story of Jesus washing the feet of his disciples after the Last Supper. The word “Maundy” comes from the Latin word “mandatum”, meaning the command that Jesus gave to his disciples to “love one another”.
Having researched the best place to put the money that you have diligently saved, you decide, quite wisely, that gold may be a viable option, and a Hattons of London advert for their latest sovereign appears on the television and it sparks your interest.