Showing posts with label gold coin. Show all posts
Showing posts with label gold coin. Show all posts

Monday, 18 August 2014

When It Comes To Wedding Traditions, Coins Remain At The Forefront!

Will you be participating in one of the many rituals associated with wedding coins if you’re off to share in the marriage of friends or family in the near future?


When it comes to some of the many wedding traditions that are commonly observed, coins are seen as symbolic of some of the qualities associated with a happy marriage. As such, coins are prominent in ceremonies for different reasons all round the world.

UK Wedding Traditions:

Ever since the reign of Elizabeth I, coins have been associated with weddings. As time evolved, it became the custom for the bride’s parent to give the coin as a dowry gift. Then, from Victorian times onwards until the modern era, the notion that a silver sixpence is a lucky charm came into being.

Symbolising prosperity, love and unity, the giving of coins to newlyweds in these shores is linked to the rhyme: ‘Something old, something new, something borrowed, something blue, and a silver sixpence in her shoe’. Such tradition often subsequently adopted is when the father of the bride places a sixpence in the bride’s shoe wishing her prosperity, love and happiness in her marriage.

Another tradition in this country when it comes to the use of coins at weddings is when silver coins are inserted into the popped champagne or wine corks and then given to the bride and groom as one of the many mementos they can keep and cherish forever.

Less popular, yet nonetheless a superstition still sometimes practiced is that whereby a groom should give a coin to the first person he sees on his journey to the church for good luck.

Overseas Wedding Traditions:

Looking further afield, and in many countries it is common for newlyweds to receive thirteen coins representing Jesus and the twelve disciples.

Specifically in Indian ceremonies, the bride frequently scatters coins as she leaves her parents’ house to go and live with her new husband. Whilst in Sweden, before a wedding, the bride’s mother gives her a gold coin to insert in her right shoe and the bride’s father presents her with a silver coin to put in her left shoe.

Meanwhile in Poland, wedding tradition dictates that coins are tossed over the newlyweds straight after the conclusion of the ceremony itself leaving the happy couple to pick up all the coins together as a sign of their newly acquired unity.

Tuesday, 12 August 2014

Fifty Years of the Kennedy Half-Dollar!

Over 50 years ago, an event took place that changed American history. In its wake, a special coin was issued: the Kennedy half-dollar. 

This year marks the coin’s 50th anniversary, and on Tuesday, August 5th, a new Kennedy half-dollar coin was revealed at the American Numismatic Association’s (ANA) World’s Fair of Money in Rosemont, Illinois. The .9999 fine gold proofs were debuted following much fanfare in the coin world.



Its obvious historical and numismatic value aren’t the only things the coin has going for it. One attribute that makes this coin so sought after is its limited mintage. Buyers at the ANA World’s Fair of Money were limited to one coin per household. 

The coins will be minted according to demand. As of now, only 40,000 gold coins have been issued. More orders for the coins will be made based on the first week’s sales. An unknown final mint amount usually drives the price higher.

Commemorative coins are generally issued to honor the anniversary of a major event. The Kennedy anniversary half-dollar marks the first time a commemorative coin has been issued to honor a coin. 

Many numismatic experts thought it was an interesting choice to strike the coin in 2014, rather than last year, which marked the 50th anniversary of the beloved president’s passing. The somewhat unconventional choice only adds to the coin’s appeal.

The U.S. Mint’s constitutional right to issue a gold half-dollar coin isn’t exactly clear. Congress has previously stated that the Mint didn’t have the constitutional authority to mint a gold dollar coin in reference to the Mint’s attempt to issue a gold Sacajawea dollar coin.

The total Kennedy anniversary set includes seven coins. As of now, the gold coin and the 2014 Anniversary Kennedy Two-Coin Clad Set are the only coins to be released. 

The clad set also has no mint limit, and buyers are allowed up to five of each product per household. The rest of the Kennedy anniversary coins are scheduled for release in the fall. 

The last coins in the series will be the 50th Anniversary Kennedy Half-Dollar Silver Coin Collection containing four silver coins that are 90% silver.