Royal Mint issues unique 5-kilo gold coin (yes, that's about 11 pounds!) Sorry, it's already sold

According to the BBC, the Royal Mint has issued a new series of coins highlighted by highlighted by a unique 5-kilo gold issue. Apparently only one coin was struck and has already sold in excess of £100,000. I can’t help but wonder why they didn’t strike at least a handful of them.



John Feigenbaum · Nov 26, 2019
Bullion



According to the BBC [link] the Royal Mint has issued a new series of coins highlighted by highlighted by a unique 5-kilo gold issue. Apparently only one coin was struck and has already sold in excess of £100,000. I can’t help but wonder why they didn’t strike at least a handful of them.

Comments (2)

  • JEFF CATHROW

    That was all the gold they had left, perhaps?

    Saturday, November 30, 2019 4:38 PM EST
  • Bret Leifer

    True, as I would imagine that a mintage of 10-20 would be reasonable.

    Saturday, November 30, 2019 10:03 AM EST

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John Feigenbaum


The Publisher and managing partner at CDN Publishing, John Feigenbaum, has been a professional numismatist since 1979. Formerly president of David Lawrence Rare Coins, John has taken on Publishing and executive responsibilities for CDN Publishing. John has written for numerous trade publications and published "The Complete Guide to Washington Quarters" in 1991. In 2014, John received the PNG Abe Kosoff Founders Award for "his steadfast dedication to the entire numismatic community".

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