When HM Treasury made the announcement; ‘The Trial of the Pyx will be held in Goldsmith’s Hall, London on 4th February 2014”, I’m sure this raised a myriad of questions in most people’s minds. Questions such as; what on earth is a pyx? and why is it on trial?
It’s actually an historic event dating from 1282 and it is, indeed, a judicial trial as most of us would recognise, complete with judge, jury and verdict. I think it’s now time, after more than 700 years of its history, that we put it under the spotlight and shed some light on its history and proceedings. So let’s begin…
Although The Royal Mint is enjoying a new focus on bullion, UK bullion coins have hundreds of years of history.
The Royal Mint’s 1,100 year history of producing fine coins make it uniquely placed to offer bullion buyers the security and reassurance that they demand.
The origin of UK bullion, The Gold Sovereign
Quality assured by Act of Parliament, the ﬁrst gold Sovereign was struck in 1489 by order of King Henry VII and took its name from the regal portrait of the Monarch that appeared on its obverse – a tradition that is observed to this day. Continue reading →