Latest news with #commemorativecoins
Yahoo
01-08-2025
- General
- Yahoo
Royal Mint reveals the 9 rarest £2 coins with some worth more than £500
The 9 rarest £2 coins in circulation in the UK today have been revealed by the Royal Mint, while Brits are also being urged to keep an eye out for one extra-special edition that could be worth more than £500. The Royal Mint's list of the rarest £2 coins in the UK include a number of commemorative Commonwealth Games coins from 2002, and a special commemorative First World War coin. While experts have urged everyone to check their change for another First World War inspired coin, which could be worth more than £500. Originally released in 2014 by the Royal Mint, the coin commemorates 100 years since the start of the First World War. The coin shows the face of Lord Kitchener who featured on the 'Your Country Needs You' posters. While a normal version of the coin will be worth no more than its face value of £2, a batch of the coins featured a rare error that boost their value for collectors. On some of the coins the words 'Two Pounds' are missing on the head side of the coin. According to experts at Coin Hunter, 5,720,000 of these coins are still in circulation but it appears to be 'very rare' to find one without a date. It isn't clear exactly how many of coins with an error remain in circulation but the first of its kind sold in March 2020 for £500. Recommended Reading: Royal Mint 50p sells for 300 times face value on eBay this week - how to spot Royal Mint reveals the 10 rarest 50p coins in circulation in the UK today 'Check your change': Your £2 coin could be worth £500 - how to spot Coin Hunter experts said on Facebook: "Check your coins that feature Lord Kitchener. "If the heads side does not show 'TWO POUNDS' - you have an error that appears to be very rare." Royal Mint rarest £2 coins These are the 9 rarest £2 coins according to the Royal Mint, and their mintage. A Royal Mint spokesman said: 'It's been 27 years since the first UK £2 coins were struck for circulation, sparking a year of celebrations, but the coin's history actually stretches back to 1986 when the first commemorative UK £2 coin was struck for the Commonwealth Games in Edinburgh. 'This was the first time a sporting event had been commemorated on UK coinage. 'Although these coins have the same diameter as the post-1997 circulating £2 coin, they are single-coloured nickel brass and much heavier.' Commonwealth Games Northern Ireland 2002 – 485,500 Commonwealth Games, Wales 2002 – 585,500 World War 1 Royal Navy Fifth Portrait 2015 – 650,000 Britannia Fifth Portrait 2015 – 650,000 Commonwealth Games, England 2002 – 650,000 Commonwealth Games, Scotland 2002 – 771,750 Olympic Games Handover 2012 - 845,000 Olympic Games 2008 – 910,000 Olympic Games Handover 2008 – 918,000
Zawya
04-06-2025
- Business
- Zawya
CBUAE issues commemorative coins to mark Golden Jubilee of Dubai Islamic Bank
The Central Bank of the UAE (CBUAE) has issued 7,000 silver commemorative coins to mark the Dubai Islamic Bank's (DIB) Golden Jubilee and to honour its achievements in the banking sector since its establishment in 1975. The issuance includes 2,000 coins of 50 grams and 5,000 coins of 20 grams. The obverse of the coin features the inscription "50 Years of Progress", the mnemonic descriptor of this occasion in Arabic and English, signifying the 1975- 2025 period, along with the name "Dubai Islamic Bank" in both languages. The reverse side displays the nominal value of "50 dirhams" in Arabic, encircled by the inscription "Central Bank of the UAE' in both Arabic and English. The issuance of the coin comes as part of DIB celebration of its anniversary and the launch of its journey full of growth, development, and achievements over fifty years, making it a prominent financial institution in the UAE that provides innovative banking services to individuals and companies, in line with the economic and developmental aspirations of the country. The commemorative coins will be formally handed over to DIB and will not be available for sale to public through CBUAE or DIB. Saif Humaid Aldhaheri, the CBUAE's Assistant Governor for Banking Operations and Support Services, said: 'The Central Bank issues these commemorative coins that embody DIB's fifty-year journey of contributions and successes and its effective role in supporting the national economy. This issuance reflects the central bank's support to document the prominent institutional achievements that are integral to the financial sector's history, and it highlights the continuous efforts to enhance trust and financial stability in the UAE.' Dr. Adnan Chilwan, Group Chief Executive Officer of DIB, said: 'We are deeply honoured by the Central Bank of the UAE's gesture in adopting the DIB initiative and issuing commemorative coins to mark our 50-year legacy. More than symbolic tribute, it reflects the enduring partnership between DIB and the nation's financial ecosystem, and our shared commitment to building a resilient, inclusive, and forward-looking economy. As we celebrate five decades of pioneering Islamic finance, this recognition reinforces our resolve to lead with purpose, inspire innovation, and shape the future of banking in the UAE and beyond.'
Zawya
04-06-2025
- Business
- Zawya
CBUAE issues commemorative coins to mark the Golden Jubilee of DIB
Abu Dhabi: The Central Bank of the UAE (CBUAE) has issued 7,000 silver commemorative coins to mark the Dubai Islamic Bank's (DIB) Golden Jubilee and to honor its achievements in the banking sector since its establishment in 1975. The issuance includes 2,000 coins of 50 grams and 5,000 coins of 20 grams. The obverse of the coin features the inscription "50 Years of Progress", the mnemonic descriptor of this occasion in Arabic and English, signifying the 1975-2025 period, along with the name "Dubai Islamic Bank" in both languages. The reverse side displays the nominal value of "50 dirhams" in Arabic, encircled by the inscription "Central Bank of the UAE' in both Arabic and English. The issuance of the coin comes as part of DIB celebration of its anniversary and the launch of its journey full of growth, development, and achievements over fifty years, making it a prominent financial institution in the UAE that provides innovative banking services to individuals and companies, in line with the economic and developmental aspirations of the country. The commemorative coins will be formally handed over to DIB and will not be available for sale to public through CBUAE or DIB. H.E. Saif Humaid Aldhaheri, the CBUAE's Assistant Governor for Banking Operations and Support Services, said: 'The Central Bank issues these commemorative coins that embody DIB's fifty-year journey of contributions and successes and its effective role in supporting the national economy. This issuance reflects the central bank's support to document the prominent institutional achievements that are integral to the financial sector's history, and it highlights the continuous efforts to enhance trust and financial stability in the UAE.' Dr. Adnan Chilwan, Group Chief Executive Officer of DIB, said: 'We are deeply honoured by the Central Bank of the UAE's gesture in adopting the DIB initiative and issuing commemorative coins to mark our 50-year legacy. More than symbolic tribute, it reflects the enduring partnership between DIB and the nation's financial ecosystem, and our shared commitment to building a resilient, inclusive, and forward-looking economy. As we celebrate five decades of pioneering Islamic finance, this recognition reinforces our resolve to lead with purpose, inspire innovation, and shape the future of banking in the UAE and beyond.'
