The Brexit Gold Coin’s
On June 23 of 2016, Cook Island issued gold and silver coins in order to market Brexit vote. This included issuing three coins that would mark the historic vote of Britain exiting from the European Union that was known as the Brexit. The step of the British isolation had sent the money and stock markets into what seemed like a carousel ride. This event was marked as one of the most significant moments throughout EU history, and has been the subject for a new program for three proof commemorative coins out of the Cook Islands. The program was issued by the Coin Invest Trust, which is a private company based out of Lichtenstein. The program consisted of a .999 fine silver dollar, a .9999 fine gold five dollar coin, as well as a .9999 fine gold 20 dollar coin, all of these coins show an outline of the United Kingdom, and the Union Jack flag opposite of continental Europe. The one dollar and twenty dollar coins feature the outline of the United Kingdom which is colored with the Union Jack. All three coins also feature the Ian Rank-Broadley effigy of Queen Elizabeth II on the obverse. Features of the silver dollar is that it weighs three grams, it measures 26 millimeters in diameter and has the mintage limit of 2,016, and reportedly sold out by August 5th. The gold five dollar piece weights 0.5 grams, it measures 11 millimeters in it’s diameter and has the mintage limit of 10,000 pieces. And the gold twenty dollar coin weighs 3.1 grams, it measures 26 millimeters in diameter, and has the mintage limit of 2,016 pieces. At this time, no U.S. base distributor’s had been named, this means that coin collectors would have to search within the secondary market to find these coins.
News having to do with the Brexit gold coin came up in July of 2016, when a new pair of coins was to be released. The gold coins made use again of the Coin Investment trust smart-minting technology, the difference this time a derivative that was referred to as the BGM or the Big Gold Mint. This allowed for a relatively normal or high relief coin that would be struck on an increasingly thinner and resultantly lighter gold round. Both of these coins were released in proof quality, and if the silver coin was anything to be judged by, they will most likely sell fast.