MSpA

Morgan Stanley Dep Shs repstg 1/1000 Pfd Ser A

19.5800
USD
1.71%
19.5800
USD
1.71%
18.4400 25.5500
52 weeks
52 weeks

Mkt Cap 783.20M

Shares Out 40.00M

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Royal Mint makes its biggest ever coin for Queen Elizabeth's Jubilee

LONDON, May 25 (Reuters) - Britain's Royal Mint has produced its biggest ever coin to mark Queen Elizabeth's Platinum Jubilee, a 15 kilogram (33.07 lb)giant commissioned by a private collector. The coin, which has a diameter of 220 mm (8.7 inches) and is made of fine gold, took 400 hours to craft and is worth 15,000 pounds ($18,772). It depicts the 96-year-old monarch on one side with an 'EIIR' cypher on the other. "As the largest UK coin to date, the scale and diameter of the piece has allowed us to push the boundaries of minting to produce an exceptional level of relief and detail," said Paul Morgan, Technical Manager at The Royal Mint. The unnamed private collector said in a statement on Wednesday the coin's design was a fitting tribute to the queen. "As a long-standing customer of The Royal Mint, I have invested in unique and interesting coins marking moments throughout the queen’s reign that will remain in my family for generations," the collector said. "The latest and greatest in my collection is the Platinum Jubilee coin." The Royal Mint has also released 1.3 million 50 pence coins to mark Elizabeth's 70 years on the throne, which Britain will celebrate with four days of nationwide events next month. ($1 = 0.7990 pounds) (Reporting by Michael Holden; editing by William James) ((michael.holden@thomsonreuters.com; +44 207 542 3213; Reuters Messaging: michael.holden.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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