[image reblogged from wavetransformations.com.au]
I don’t see any reason to beat around the bush here - our media is full of complete crap when it comes to coins. Actually it is full of complete crap when it comes to most topics, but that is a different matter altogether and it would take far more than a five hundred word article to cover it.
Again and again and again, day after day after day we are bombarded with utter drivel about so called ‘valuable’ coins when the majority of these are not especially valuable at all. In fact, many are worth no more than face value to a collector.
The truth of it is, the general public are being drip-fed total hokum about coins and this has been going on for the last few years. Strangely enough it seemed to start at around the same time that The Mint began their great ‘purchase only’ crusade in 2016 when the first wave of Beatrix Potter fifty pences were released…. Of course, there had always been a few baloney-laden tales of valuable coins before this, but since the first five Potter came out the amount of misinformation in the tabloids has been prolific. We now seem to have coin-dross printed on a daily basis in one newsfeed/tabloid/comic or another.
For example, do any of these sound at all familiar?
‘Do you have any of these super-valuable coins in your change?’
‘A (add literally any coin you want just here) has just been released and it could be worth £850.’
‘These coins are all worth a fortune.’
We are slowly being conditioned into thinking we are all carrying a king’s ransom around in our pockets and don’t even realise it. And because the cost of living is so painfully high at the time of writing (and for the foreseeable) many folk are welcoming these ‘revelations’ with open arms. After all, if it is a new way of generating a few quid in a country which is rapidly being driven to its knees it is to be viewed as welcome news indeed.
Clearly a true collector of currency will have a damn good chortle at the rubbish being printed in the papers and on the internet. But this is because he/she is knowledgeable and can smell numismatistical BS from a hundred yards. No issues there whatsoever. The real problems arise when the inexperienced hear such untruths. They will inadvertently soak it all up and continue into their new-found hobby with all manner of absurd preconceptions.
This is why some people are convinced that some two pound coins are ‘rare’ simply because the writing around the edge is ‘upside down’. The truth is there is no ‘upside down’ as far as this is concerned. When two pound coins are minted they come out randomly. Some will have the edge inscription one way and some will have it the other. Even The Royal Mint have explained/confirmed this. Yet still there are people who insist they know otherwise. This rumour began years ago in the press and it is just one example of how we can be told what to believe.
Roll on the day when only fact is sold as fact in the media.
© Article and images (except where stated) copyright Mik Smith 2019