The Royal Mint's Coin Set Marks Milestones in British Cultural History
Laura McQuarrie — January 5, 2018 — Art & Design
References: royalmint & cambridge-news
The Royal Mint's annual coin sets are a celebration of past, present and future, offering a glimpse into the year ahead with pieces that show off memorable events and anniversaries. The 2018 Annual Sets mark significant moments in British cultural history, including a piece that commemorates the publishing of Mary Shelley's Frankenstein in 1818. As 2018 marks the 100th anniversary of the end of the First World War, another coin in the set features a quote from war poet Wilfred Owen’s 'Strange Meeting.' Some of the other coins in the collectible set mark the passing of the Representation of the People Act, as well as the founding of the Royal Air Force.
In the past, limited-edition 50p and £2 coins released by The Royal Mint have sold for well above their face value, meaning that this newest coin set will catch the eyes of many collectors.
In the past, limited-edition 50p and £2 coins released by The Royal Mint have sold for well above their face value, meaning that this newest coin set will catch the eyes of many collectors.
Trend Themes
1. Cultural Commemorative Coins - The Royal Mint's annual coin sets celebrates cultural events and milestones, creating opportunities for companies to create their own limited edition commemorative coins.
2. Collectible Coin Value - Limited edition coins from the Royal Mint have sold for well above their face value, presenting an opportunity for companies to create collectible items with resale value.
3. Commemorative Event Tokens - The popularity of commemorative coins creates an opportunity for other industries to offer unique coins or tokens to customers attending special events or milestones.
Industry Implications
1. Numismatics - The Royal Mint's commemorative coin sets rely heavily on numismatics, creating a growth opportunity for this industry.
2. Collectibles - The success of limited edition coins from the Royal Mint highlights the potential of the collectibles industry for creating items with increased value over time.
3. Event Planning - Special events can take advantage of the popularity of commemorative coins by offering unique coins or tokens to attendees as a way to enhance the overall experience.
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