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The Precious Fine Gold Collection of Coins
The British Royal Mint issued a number of very small gold coins as 'The Precious Fine Gold Collection', mainly gold coins under 14mms diameter, and weighing just over 1 gram each, containing 1/25 troy ounces of fine gold.

Small Gold Coins
In recent years, a number of coin marketers have promoted "collections" of very small lightweight gold coins, some even proudly proclaiming them as "The World's Smallest Gold Coins". We could see the attraction in collecting large or very large gold coins, but not very small ones. It's a little like exhorting people to catch Ebola rather than the "Common Cold"!
The only real attraction we can see is that for the producers and vendors, it's one way of getting a large profit margin, selling a small amount of gold for a large amount of money. Impecunious buyers would be better advised to save up and buy a proper coin rather than waste their money on overpriced tiny ones, produced solely for the purpose of parting gullible punters from their money.
We would have thought the Royal Mint had a sufficient monopoly on making money that it would not need to stoop as low as flogging this sort of crap, and could safely leave it to Westminster Collections instead.

Artistic Merit
It must be quite a challenge for an engraver to fit very large objects such as Moby Dick, an elephant, or The Titanic onto something as minuscule as these coins. The amount of detail is necessarily lower than on larger coins. Come to think of it, but our photographer has done a great job of making these coins look so good!

Technical Specifications
DenominationCountryDiameterWeightFinenessGold Content
$5Australia14.101.571.99990.05050
20 YuanChina14.001.560.9990.05010
$5Fiji13.921.556.9990.04998
10,000,000Turkey13.921.556.9990.04998
OthersOthers13.921.244.9990.0400
TotalAll 24 31.1230 1.0006

Notes
Denomination = Face Value
Diameter = Approximate Diameter in millimetres.
Weight = Stated gross weight in grams.
Alloy = Fineness of gold.
AGW = Gold Content = Actual fine gold weight in troy ounces.

Issue Prices & Value
We do not know at what price the Royal Mint originally set this set, however while we were creating this page, we noticed Westminster Collections, one of the Royal Mint's biggest UK customers offering a similarly specified Guernsey coin at £59.99 each, plus postage of £2.99 each.
At this sort of purchase price new, the value of any "investment" could only go the same way as the Titanic.
Part of our raison d'etre is to make a secondary market in coins of all descriptions. Many of the coins in this "collection" are reasonably attractive, and some are from countries which produce very few gold coins. They therefore represent a source of collectable material. At our asking price, we do not consider these coins cheap, but they certainly represent much better relative value than when they were bought new.

Collection?
Although the information cards are headed "The Precious Gold Collection", it would appear to us that the word collection is a bit of marketing speak. Apart from the fact that most of the coins are .999 gold, and they are all small, there appears to be very little in common between them. At least one of the coins is .9999 gold rather than .999 fine, three of the coins have a different diameter, four of the coins have a different intrinsic gold content. The coin dates range from 1994 to 2003, a nine or ten year span. Even if the coins in the "Collection" were delivered at monthly intervals, it would only require a two year period, and possibly three different minting years.
Our guess is that the "The Precious Fine Gold Collection" is purely the invention of some marketing person dreamt up as a way of flogging a diverse melange of minge, or getting rid of some old stock.

Prices & Availability
Please contact us prior to ordering for current prices and availability.
DateCountryDenominationDescriptionGradeMintageIssue £AvailabilityPrice £Price $
2002AlderneyOne PoundHead of StateProof25,000£ Ask£29.95$63
2003Australia$5The Twentieth Ounce Nugget Gold Bullion CoinProof25,000£ Ask£29.95$63
1995Bhutan1 SertumCoronation Anniversary of Queen Elizabeth II 1953 - 1993Proof25,000£ Ask£29.95$63
2002China20 YuanGiant Panda, Twentieth OunceProof25,000£ Ask£29.95$63
2001Cook Islands$5Captain CookProof25,000£ Ask£29.95$63
2000Cook Islands$10Bottle-Nosed DolphinProof25,000£ Ask£29.95$63
2000Cook Islands$10Moby DickProof25,000£ Ask£29.95$63
2000Democratic Republic of Congo20 FrancsAfrican ArtProof25,000£ Ask£29.95$63
1997Falkland IslandsTwo PoundsHenry VIII, 1509 - 1547Proof25,000£ Ask£29.95$63
2002Fiji$5Fijian Coat of ArmsProof25,000£ Ask£29.95$63
1995GuernseyFive PoundsQueen Elizabeth The Queen MotherProof25,000£ Ask£29.95$63
1998Kiribati$10The TitanicProof25,000£ Ask£29.95$63
2000Liberia$10The Mask of DanProof25,000£ Ask£29.95$63
2000Malawi5 KwachaWildlife of Africa, African ElephantProof25,000£ Ask£29.95$63
2002Malta10 Maltese LireThe XprunaraProof25,000£ Ask£29.95$63
2000Mongolia500 Togrog (Tukrik)Troops of Chinggis-Khan (Genghis Khan)Proof25,000£ Ask£29.95$63
1994Niue$25John F. Kennedy 1917 - 1965Proof25,000£ Ask£29.95$63
1999Pitcairn Island$10H.M.S. BountyProof25,000£ Ask£29.95$63
1998Tanzania1,000 ShillingsHistory of GoldProof25,000£ Ask£29.95$63
1997Tokelau$10The Golden HindProof25,000£ Ask£29.95$63
1997Turkey1,000,000 LireKroesusProof25,000£ Ask£29.95$63
2000Turkey10,000,000 LireSaint NicholasProof25,000£ Ask£29.95$63
1997Tuvalu$20Diana Princess of Wales 1961 - 1997Proof25,000£ Ask£29.95$63
1999Zambia500 KwachaDr. David LivingstoneProof25,000£ Ask£29.95$63
TotalAll 24 Listed Above  Proof25,000£ Yes£695$1,450

Postage & Packing
UK Registered Post (Special Delivery) £9 per order
EU Insured Post £10 per order
USA Airmail $10 per order
USA Insured Shipping $20 per order

Niue Silver and Base Metal Coins
For silver and base metal coins of Niue, please look at our original Chard Coins website.

The Titanic on Reverse of 1998 Kiribati Gold 10 Dollars
The Titanic on Reverse of 1998 Kiribati Gold 10 Dollars

Countries Index

Moby Dick on Reverse of 2000 Cook Islands Gold 10 Dollars
Moby Dick on Reverse of 2000 Cook Islands Gold 10 Dollars

African Elephant on Reverse of 2000 Malawi Gold 5 Kwacha
African Elephant on Reverse of 2000 Malawi Gold 5 Kwacha

 


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