TRIAL OF PYX COINS TO SELL

The annual Trial of the Pyx has been conducted for centuries. Despite all the pomp associated with the trial its true function is to assay the nation’s coinage primarily to ensure the purity of precious metal coins is correct. According to The Goldsmiths’ Company Assay Office, “The purpose of the annual trial is to check that United Kingdom coins produced at The Royal Mint are within the statutory limits for metallic composition, weight, and size.” The GCAO continued, “The benchmark against which the coins are tested is called a Trial Plate. These metal plates, made of gold, silver, platinum, and copper-nickel, were formerly under the personal charge of the monarch in the Exchequer, and are now the responsibility of Regulatory Delivery, Department of Business, Innovation and Skills, along with the original coin…

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World Coin News (Digital) - 1 Issue, March 2024

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