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The London Mint Office is one of the UK’s most trusted suppliers of historic, commemorative and circulation coins. Through long grown partnerships with most of the major state mints and national banks across the globe, the company has become one of the leading sources in the coin collecting community. With unrivalled expertise in this specialist field, and a visionary approach to sourcing and customer service, The London Mint Office is committed to enhancing the enjoyment, understanding and knowledge of collectors.

Wednesday, 12 April 2017

'Quid's In' With The London Mint Office

The London Mint Office recently showcased at the ‘Quid’s In’ Themed event at the V&A Friday Lates in London, ‘The original contemporary late night event’. Friday Late celebrates all aspects of contemporary visual culture and design in society, bringing audiences face-to-face with leading and emerging artists and designers through live performance, film, installation, debate, DJs and late-night exhibition openings.

“The London Mint Office was delighted to be invited to showcase our coins at such a prestigious event. We pride ourselves on our passion for coins, the history they represent and the stories they communicate. It was wonderful to meet with members of the public and talk with them about the fascinating world of coins. The range and variety of exhibitions was fantastic and the London Mint Office were proud to be a part of it” - Greg Prosser (Managing Director for the London Mint Office)

The London Mint Office was show casing a variety of their most popular Collections:

Her Majesty’s 90th Birthday Commemorative Crown Collection:
Since 1953, the Queen’s image has adorned British coinage in a beautiful series of portraits that mark her journey to becoming Britain’s longest and oldest reigning monarch. Issued as a celebration of nine decades gloriously accomplished this stunning set of six coins features each of these portraits….. (Find Out More)

The Battle of Britain Collection:
A project that commemorated the 75th anniversary of the Battle of Britain in partnership with the Royal Air Force association. Men and Machines commemoratives - A set of five proof commemoratives honouring the five outstanding men that played the most significant roles in the winning of the Battle of Britain. All five figures have been chosen for their crucial contribution to victory in the air during that extraordinary summer of 1940… (Find Out More)

The Battle of Atlantic Collection:
In association with the Merchant Navy this collection commemorates the SS Gairsoppa, a vessel carrying Silver destined for Britain which was torpedoed by a German U-Boat. Each of the coins in the collection depicts the story of the SS Gairsoppa, together with a line taken from the final four line stanza of John Edward Masefield’s Merchant Navy Poem, ‘For All Seafarers’. Struck from the very same silver, these unique commemoratives provide a fitting tribute to not only the lost crew of the SS Gairsoppa but to the 30,000 Merchant Navy sailors who sacrificed their lives during the Battle of the Atlantic... (Find Out More)

The 2017 Angela Pistrucci Gold Sovereign:
One of the latest coins to be released by the London Mint Office designed by a member of the original artist Benedetto Pistrucci’s own family 200 years later. In 1817 the Italian sculptor Benedetto Pistrucci created his masterpiece ‘Saint George and the Dragon’ design for the UK Sovereign.  An instant classic, the design has appeared on gold coins issued almost every year since then.   Today, to honour the 200th Anniversary of her great-great-great great uncle Benedetto’s iconic design, Angela Pistrucci has crafted a modern interpretation exclusively for the Government of Gibraltar and the London Mint Office.   An accomplished artist and sculptor in her own right, Angela has spent two years perfecting the design, and we believe it is one of the most stunning coins we have ever produced... (Find Out More)

Legendary Master Sculptor Raphael Maklouf famous for his effigy of Queen Elizabeth II used across many coins in the commonwealth was also present at the V&A:   

“I am happy to note that the V&A evening was a resounding success as we all know the V&A has masterpieces amongst its varied collections the work displayed by The London Mint Office stood up well in both craftsmanship & beauty. It was also very interesting to see many young visitors who came to look at the V&A permanent collection & not necessarily to see coins but having come across the coins were obviously interested enough to ask questions from the London Mint Office team”- Raphael Maklouf 2017.

Want to know more about future events from the London Mint Office? Then why not follow us on across Social Media to keep up to date with all the latest.

Friday, 17 March 2017

You Drink Fair Trade Coffee, Eat Fair Trade Chocolate- But is your gold Fair Mined?

The Fair Trade organisation has become a movement of global proportions. Since its conception in the 1940s, they have worked alongside as many as 3000 grassroots organisations in over 70 countries, with the aim of promoting better trading conditions and to encourage ethical business practices.

The Fair Trade ethos originated in 1946 in the United States, when Ten Thousand Villages (formerly Self Help Crafts) began buying needlework from Puerto Rico; in the same decade, SERRV began trading with poor communities in the Southern hemisphere. It was this that led to the opening of the first formal “FairTrade” shop in 1958 in the United States. Globally, we celebrate World Fair Trade Day every year on the second Sunday of May to raise awareness of the organisation and to reinforce its aims.

Fairmined is an assurance label associated with the Fair Trade movement which certifies that gold is being ethically sourced from small artisanal mining organisations and that the consumer is buying, and in turn, supporting responsibly-managed community mines. The scheme guarantees miners a fair price for their work and materials, and encourages them to make investments in operations and social development by paying them an additional premium for operating within the ‘Fairmined Standard’. It also allows consumers peace of mind when buying as they are assured that their purchase has contributed to providing good trading practices.

Did you know that in 2015, the Nobel Peace Prize awarded their first medal made of certified Fairmined gold?

It was struck at the Norwegian Mint having been sourced from a small Fairmined-certified mine in Colombia, and together with their owners Samlerhuset and co-operation from the not-for-profit Alliance for Responsible Mining (ARM), they aimed to highlight the working conditions and environmental impact of gold mines, promoting the need for reform.
The Alliance for Responsible Mining work to transform smaller-scale mines into a force for good, providing them with the means to achieve a Fairmined certification and ensuring social development opportunities and environmental protection for its miners.
Currently, 85-90% of gold mined worldwide comes from larger mines that are regulated by international standards. However, the remaining 10-15% comes from smaller mines, which employs 90% of the world’s miners – approximately 10 million people!

These mines pose massive challenges in respect of working conditions and the environmental impacts they cause, as small-scale extractions are usually performed by hand under intense conditions; the miners must dig the gold, cut it into pieces and then clean it with a process that includes the use of mercury, a chemical highly dangerous not just to the miner but also toxic to the environment.

Gold mining is a highly-important source of income for many poorer communities in South America, South-East Asia and Africa, and smaller mines often have no authorisation from their government which jeopardising their miners’ livelihoods and provides them with little to no job security.

The jewellery industry in particular has come a long way in promoting responsible gold trading, however the coin industry unfortunately still has some catching up to do. In 2014, the coin industry consumed 256 tonnes of gold in coins and medals, working out as roughly 6% of the total worldwide demand for gold. It is figures like these that really show just how important it is for the industry to take a serious interest in the Fairmined organisation.

Ole Bjørn Fausa- Speaking about Fairmined

Bjørn Fausa, the CEO of Samlerhuset and owner of the Norwegian Mint, speaks passionately of the ARM’s efforts, enforcing that as a company, “we want a harder look to be taken at what gold is used by the coin and medal industry and more and more players to make use of certified gold from small mines. In this way, the working conditions can gradually be improved for those working in them and the environment can be saved”.

The Mint and Samlerhuset, over the years have responsibly sourced their gold from established suppliers, choosing to either use recycled gold (the most environmentally-friendly method), or to source their material from the larger, mechanised mines that minimise, if not eradicate, the risk to human life by providing exploitation agreements with their local authorities.

It is clear that the evolution of Fairmined is having a positive impact on everyone involved giving workers human rights that they are entitled to as well as a safe working environment helping development in mining countries. 

We hope you have found this blog informative, the London Mint Office will be bringing you more from Fairmined later this year...

to Find out more head to the Fairmined Website

Friday, 10 February 2017

London Mint Office at the World Money Fair 2017 in Berlin

Now the biggest coin event across the globe, World Money Fair is the ultimate event to visit for coin enthusiasts of any level. Whether starting off with your first coin or you 500th coin, it is a great chance to meet people from all walks of life interested in the fascinating world of coins.

But where did the World’s biggest coin fair start its journey?

History of World Money Fair

It All Started With the Silver Crisis in The 1960s...
With the historic boom in the price of precious metals in the mid-sixties, coin collecting attracted greater interest worldwide. True to the motto of the English economist Sir Thomas Gresham (1519-1579), “Bad money drives out good money”, coin clubs were founded worldwide and invited their members to collectors’ meetings and recommended hoarding coins whose metal value was above the market value, as a stable form of investment.

January 22nd 1972 in Basel Northwest Switzerland saw the first international coin event took place using the guidelines of the OEMB, later establishing itself as the Basel Coin Fair attracting a variety of visitors interested in classic coin exchange. This ran successfully for 10 years. To mark its 10th anniversary the Royal Canadian Mint was the first mint to take part in an international coin exchange in 1981 as a gap in the market was seen with there being no direct contact between international mints and European collectors. There is now a place for industry professionals to be able to communicate with coin collectors of all levels, and a place for people to come and learn about products and collecting. (Click here for more on the history of the fair

The Unveiling of the London Mint Office Sovereign: An Iconic Design Remastered

As leading industry professionals the London Mint Office attend World Money Fair each year to inspire, promote and interact with the coin world. 2017 however is a very special year for the London Mint Office as it was revealing its brand new 2017 Sovereign design of George & the Dragon by Angela Pistrucci, great great great grandniece to the late Benedetto Pistrucci who designed the original Sovereign.  

London Mint Office: Sovereign Design Cast
Cast of the London Mint Office Sovereign 2017 Design
As part of the Samlerhuset reception at World Money Fair we at the London Mint Office were very proud to reveal our new 2017  St George & the Dragon design, an iconic design remastered by artist Angela Pistrucci (Click Here to see the full story on the design).

The reception was kick started by a talk from one of the Samlerhuset founders Ole Bjørn Fausa who warmly welcomed everyone and went on to talk about the exciting development of the modern Sovereign Design.
Ole Bjørn Fausa at the Samlerhuset Reception
Ole interviewed a variety of guests on the amazing new design including:

Raphael Maklouf- Legendary Master Sculptor best known for designing the effigy of Queen Elizabeth II used on the coins of many Commonwealth nations, spoke with Ole on the development of the Sovereign over the years:

The honorable Joseph Bossano MP then took to the stage with pure excitement over the design and love for the heritage of Gibraltar and its commemoration of coins:

During the Media Forum the Minister went on to say:
“We are very lucky that the coin that Gibraltar has issued 200 years later has been designed by a descendent of Pistrucci – Angela Pistrucci … There will now be a St George and the Dragon that belongs to England and a St George and the Dragon that belongs to Gibraltar”- The honorable Joseph Bossano MP. 

With so many kind words Angela Pistrucci  took to the stage, welled up with joy and a sense of pride, she talked about her journey of her heritage and design

"A truly wonderful evening for not only the London Mint Office but also an exciting event for the Coin industry with the first St George and the Dragon design from the Pistrucci family in 200 years"- Tony Chilcott Senior Project Manager London Mint Office. 

A Proud Moment for All Involved.
Later during the fair Angela was kind enough to talk more about her journey and even gave a heartwarming speech about her emotional time during the project as well as the future of the Pistrucci family within the coin world (Originally recorded LIVE to Facebook):

Other High lights from the World Money Fair:

The Kruggerrand 50th Anniversary
On July 3, 1967 the South African Mint in Pretoria issued the first Krugerrand coins. These coins could be used as circulation money; however, they did not bear a nominal value. Instead, the exchange rate at which South African banks traded Krugerrand coins was fixed daily, according to the price of gold. So, from the start the Krugerrand was conceived as a bullion coin of changing value (Click here to read more).

Rhys Williams- Project Manager London Mint Office

A particular highlight for me was meeting representatives from the South African Mint who I will be working with closely over the next few months as part of the 50th anniversary of the Krugerrand. I attended the launch event at the South African Embassy and also the gala dinner celebrating the South African Mint as guests of honour at the fair”- Rhys Williams, Project Manager

The World Money Fair Media Forum
"The media forum on Friday morning took place in the Estrel’s large conference auditorium, and was well attended.  It presents the Mints attending the Fair with an opportunity to showcase their forthcoming coins and new technologies. This year, the Fair was honoured to have the Finance Minister for Gibraltar who spoke at length about the new Gibraltar Sovereign, I thoroughly enjoyed this and took a lot from it" – Justin Robinson, Research & Development Manager

The World Money Fair each year jumps from strength to strength and we at the London Mint Office are overjoyed to attend each year to network with other coin lovers from around the world.

By Scott Wilson
PR, Social Media & Events Manager

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