This is a 2008 Gold Proof Guinea Coin from Tristan Da Cunha.
This coin was issued to commemorate the 250th anniversary of the birth of Lord Admiral Nelson.
It was minted by the Commonwealth Mint & Philatelic Bureau on behalf of the British Overseas Territory, Tristan da Cunha. It is struck in 22 carat gold fineness.
As a pound sterling coin, it is exempt from capital gains tax for UK residents.
Up until 1999, coins of Tristan da Cunha showed the full name of the island in their legends. Since 2005, the name have been removed, and the acronym TDC appears instead. This may have coincided with LMO (London Mint Office) starting to market Tristan da Cunha coins. In their advertising and promotional material, the name Tristan da Cunha is hardly ever mentioned, and then perhaps only in the small print. Photos often show the reverse side of the coin overlapping the obverse side, obscuring, or partly obscuring, the TDC lettering.
We believe LMO do this to sucker buyers into thinking they are getting a British coin, not one from a small island over 8,000 miles away. The first time we saw it, we asked WTF is TDC!
We looked up Commonwealth Mint & Philatelic Bureau Ltd, using duedil.com, and found the information given on tristandc.com to be incorrect. Commonwealth Mint & Philatelic Bureau Ltd was incorporated on 13th April 2005, and changed its name on 13th December 2005, from "London Mint Connection Limited"; close, but not the same. Precision is very important when it comes to registration of company names, as a slighly different name would denote and belong to a completely different company.
The head side, normally classed as the obverse, features a portrait of Queen Elizabeth II.
The inscription reads:
HER MAJESTY QUEEN ELIZABETH II TDC 2008
The reverse shows an iconic image of Admiral Lord Nelson.
|Gold Weight Troy Ounces||0.247|
|Fineness / Carat||0.917 / 22|
|Obverse Designer||Ian Rank-Broadley|
|Issuing Monarch||Elizabeth II (1952 - Date)|
|Country||Tristan Da Cunha|
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Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
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