![]() ![]() As such, investments in Bullion involve a degree of risk, which may make them unsuitable for certain persons. Bullion markets can be volatile and the value of Bullion may fluctuate depending on the market value of precious metals. Please note that certain products, storage and delivery services will be dependent on the type of account you hold. The use of mint marks has evolved over time today, when a coin is embellished with a mint mark, it’s usually a symbol of prestige marking a significant event or anniversary.Īll information contained on or available through this website is for general information purposes only and does not constitute investment advice. Originally, mint marks were used as a form of quality control and so that coins could be traced back to the mint that struck them in the event of a problem. This identifying mark was usually found on government papers and is still used by the monarch today as ‘CiiiR’, which stands for Charles Rex (‘Rex’ is the Latin word for 'king'). From the reign of Henry VIII onwards the letter ‘R’ was added to the monarch’s first initial. The use of cyphers can be traced back to Tudor times and are used as a means of identification, appearing in conjunction with the Royal Arms. This particular mint mark combines George III’s first initial ‘G’ with ‘R’, an abbreviation of ‘Rex’, which is the Latin word for 'king'. ![]() ![]() In heraldry, the cypher is a device that combines the initials of the monarch with their title. Created by Royal Mint designer Kerry Davies, the mint mark’s size, style and placement were key to ensuring it could be struck alongside Pistrucci’s signature design. To mark the 200th anniversary of the end of George III’s reign, all of the coins in The Sovereign 2020 Collection feature a special mint mark in the form of the king’s royal cypher. Paired with Benedetto Pistrucci’s St George and the Dragon, commissioned especially for the new coin, Sovereigns bearing George III’s portrait were issued for four years until his death in 1820. The timing of its return meant George III was the first monarch to appear on the modern coin, affording him a special place in The Sovereign’s story. The Sovereign was revived in 1817 near the end of George III’s long reign. ![]()
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