|Coin||Silver Ounce 2018 Spade Guinea|
Saint Helena is a small island in the South Atlantic Ocean which is part of the British overseas territory of Saint Helena, Ascension and Tristan da Cunha. The currency of the island is the Saint Helena pound, fixed at parity with the pound sterling. The island has authorised some private mints to issue coins under its jurisdiction, which come in a variety of sizes - including in the popular silver ounce (1 oz silver) format, usually denominated as £1.
This bullion silver ounce coin denominated as £1 is the first issue in the Spade Guinea coin range by The East India Company.
The guinea was once the most respected and internationally recognised coinage in the world. First issued in 1663 during the reign of King Charles II, the guinea gold coins went through various designs and were issued by England and its many overseas colonies for nearly 200 years. The gold coin was the first machine-coin gold piece from the Royal Mint and it would eventually become an international symbol of Great Britain's growing power and influence during the 17th and 18th centuries.
The obverse of the coin shows the crowned bust of Queen Elizabeth II, facing right (her effigy known as the "Third Portrait"). The Queen is wearing the royal diadem which she wears on her way to and from the State Opening of Parliament, a pearl necklace and earrings.
Incuse in tiny letters on the neck truncation, the designer's initials RDM (for Raphael David Maklouf).
Around, the monarch's legend and the date of issue: ST. HELENA · QUEEN ELIZABETH II · 2018 · £1 · THE EAST INDIA COMPANY ·.
Note that the face value is abbreviated as £1. The background has a decorative geometric pattern.
At its centre, the reverse of the coin shows the Shield of the Royal Coat of Arms of King George I, current in 1714. It reflects the recent union of the crowns of England and Scotland - represented by the three lions of England and the lion of Scotland in the top left quarter, the King's claim to the throne of France - represented by the fleur-de-lis (three lilies) top right, his capacity of King of Ireland represented by the harp of Ireland in the bottom left quarter, and the merger of the House of Hanover (of which George I was Elector) with the British crown, represented by the Coat of Arms of the House of Hanover in the bottom right corner (featuring the white horse of Hanover as the primary element among three other elements marking the monarchs lands in Brunswick and Luneburg, with the Imperial Crown of the Holy Roman Empire).
The shield is crowned with St Edward's Crown, and has a narrowing shape which resembles the head of a spade, giving the coin its nickname, the Spade Guinea.
The background of the centre has a decorative geometric pattern.
Around the rim, the inscription ONE OUNCE · GUINEA · 999 SILVER. In the rim below, the EIC mint mark of the East India Company; the letters are separated by arrows radiating from the centre around which they are situated.
||ONE OUNCE · GUINEA · 999 SILVER
Finish: bullion (Brilliant Uncirculated).
Packaging: individual coin in plastic flip, or 20 in mint tube, or 400 in master box.
Saint Helena coins with historic Guinea designs include:
- 8.4 g Gold Proof, Military Guinea 2020
- Sovereign, Gold Proof, Spade Guinea 2020
- 1/4 oz Gold Bullion, Rose Crown Guinea 2018
- 1/4 oz Gold Bullion, Rose Crown Guinea 2020
- 4.2 g Gold Proof, Spade Half Guinea 2020
- 2.1 g Gold Proof, Rose Crown Quarter Guinea 2020
- 1.25 oz Silver Bullion, Rose Crown Guinea 2018
- 1.25 oz Silver Bullion, Rose Crown Guinea 2020
- 1.25 oz Silver Bullion, Rose Crown Guinea 2021
- 1 oz Silver Bullion, Spade Guinea 2018
- 1 oz Silver Bullion, Spade Guinea 2019