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Royal Mint selling rare gold sovereign for £100,000 | Royal Mint selling rare gold sovereign for £100,000 |
(about 1 hour later) | |
An "extremely rare" 200-year-old gold sovereign is being sold by the Royal Mint for £100,000 - but collectors will hope their luck is in. | |
The Royal Mint says the George III sovereign was one of 3,574 to be struck in 1819 and there are around only 10 left in the world, | The Royal Mint says the George III sovereign was one of 3,574 to be struck in 1819 and there are around only 10 left in the world, |
It says the coin is being offered via a ballot on 12 July at the fixed price, reflecting its rarity and high quality. | It says the coin is being offered via a ballot on 12 July at the fixed price, reflecting its rarity and high quality. |
Potential purchasers will need to apply online before 28 June. | Potential purchasers will need to apply online before 28 June. |
They will also need to have their application approved before the winner is selected at random. | They will also need to have their application approved before the winner is selected at random. |
The Royal Mint said the sovereign - minted in the year Queen Victoria was born - has been sourced and verified by its historic coin experts. | The Royal Mint said the sovereign - minted in the year Queen Victoria was born - has been sourced and verified by its historic coin experts. |
Nicola Howell, director of consumer business at the Royal Mint, said the coin was an "incredible opportunity for those who want to own a piece of history". | Nicola Howell, director of consumer business at the Royal Mint, said the coin was an "incredible opportunity for those who want to own a piece of history". |
She said: "We know there are people in the UK and beyond who value such treasures." | She said: "We know there are people in the UK and beyond who value such treasures." |
The Royal Mint, based in Llantrisant, South Wales, is a company owned by the Treasury. | The Royal Mint, based in Llantrisant, South Wales, is a company owned by the Treasury. |
It produces coins for circulation in the UK and overseas countries, as well as commemorative editions and investment products. | It produces coins for circulation in the UK and overseas countries, as well as commemorative editions and investment products. |
Before it is sold, the 1819 sovereign will be on display at the Royal Mint Experience visitor centre in Llantrisant from 10 June. | Before it is sold, the 1819 sovereign will be on display at the Royal Mint Experience visitor centre in Llantrisant from 10 June. |