Paddy Posted September 18, 2020 Posted September 18, 2020 Interesting article o the minting of £2 and 2p coins from the Royal mit, as well as a discussion on the future of cash versus digital currency: https://www.bbc.com/news/business-54196300 It seems the Royal Mint has huge stockpiles of coins ready for issue - which explains why no new £2 designs have made it into circulation in the last few years and why we occasionally get a glut of older issues in brand new condition. 2 Quote
1949threepence Posted September 18, 2020 Posted September 18, 2020 8 hours ago, Paddy said: Interesting article o the minting of £2 and 2p coins from the Royal mit, as well as a discussion on the future of cash versus digital currency: https://www.bbc.com/news/business-54196300 It seems the Royal Mint has huge stockpiles of coins ready for issue - which explains why no new £2 designs have made it into circulation in the last few years and why we occasionally get a glut of older issues in brand new condition. The 2p I can understand. Not so sure about the £2. I would have thought the 1, 2, 5 & 10. Quote
Stuntman Posted September 18, 2020 Posted September 18, 2020 Do you take the article to mean that the Royal Mint has produced lots of new £2 coins over the past few years, but which haven't been released into circulation? That's how I'm reading it. Otherwise, how would they know that there is a stockpile of 26 times the target? If so - just allow collectors to buy them for £2, especially if they are post 2016 designs please 🙂 1 Quote
Paddy Posted September 18, 2020 Author Posted September 18, 2020 That's exactly how I read it, and it is born out by experience. Around here there has been a glut of the 2016 Shakepeare History coin - all brand new and uncirculated. Unfortunately I suspect the ones they produced for packet-only were in much smaller numbers and went straight into wrappers, so I don't foresee them coming into general circulation any time soon. Quote
Peckris 2 Posted September 18, 2020 Posted September 18, 2020 12 hours ago, Paddy said: Interesting article o the minting of £2 and 2p coins from the Royal mit, as well as a discussion on the future of cash versus digital currency: OMG. You mean She does it herself, by hand? 2 Quote
copper123 Posted September 24, 2020 Posted September 24, 2020 Bet the royal mint actually increases its production of £2 commems at £10 a pop Theres always someone who want to fill a gap. 1 Quote
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