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Media Release

Alderney and Commonwealth Mint sign new coin contract

Alderney and Commonwealth Mint sign new coin contract

Friday 15 December 2023

Alderney and Commonwealth Mint sign new coin contract


MEDIA RELEASE: The views expressed in this article are those of the author and not Bailiwick Express, and the text is reproduced exactly as supplied to us

Commemorative coins licenced by the States of Alderney will return to full production next year after a new contract was signed earlier this month with the Commonwealth Mint (CWM).

Only five commemorative coins have been issued in the last two years which means royalty income to the Alderney Treasury has fallen short for 2023. However, the revised contract terms suggest that this will be recovered over the life of the contract. 

Under the new contract, CWM will issue 10 designs a year starting in 2024. 

From 2024, a minimum annual guaranteed figure has been agreed and expected royalty figures are an improvement on previous levels due to the aspiration of CWM to open up the international market, particularly the USA. 

Policy & Finance Committee chairman Nigel Vooght said: “We look forward to a reinvigorated relationship with CWM that will provide the Island with increasing revenues in the coming years. 

“In addition, we have included in the contract that we can issue information on a coin issue, specifications and number of coin sales two years after the date of a featured coin, instead of the current arrangement in which a ceiling figure is published and rarely achieved. This information will be available for cataloguing and will enable collectors to understand how rare each coin is.” 

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From Saturday May 25th until Sunday May 9th you can join one of Guernsey’s fully accredited silver or gold tour guides on a variety of guided walks around Guernsey, Herm and Sark. This year’s festival includes just shy of 50 different tours, 14 of which are brand new for this year. There is something for everyone, with walks ranging from a gentle stroll to a more challenging hike , with some suitable for wheelchair users. After what feels like a very long and wet winter, the festival offers a wonderful opportunity for people to get back out into the fresh air and experience what this beautiful island has to offer. The schedule includes walks with a wide variety of both locations and subject matter and are a fun and interesting way to get out and about and rediscover the Bailiwick. With the 80th Anniversary of D-Day taking place this year you will find some fascinating tours covering World War Two including “The WW2 German Occupation of Sark”, “Fort George: 80 Years Since D-Day”, “My Family at War”, tours of Batterie Mirus, Fort Hommet, The Shrine of the Sacred Heart and more besides! There are tours that celebrate old traditions and folklore, local producers and artists, the stunning coastline and quiet lanes, the flora and fauna and a history that goes back to prehistoric times. There is always something new to learn and hidden treasures to be found. The full schedule is now available on the Visit Guernsey website https://www.visitguernsey.com/experiences/events/spring-walking-festival/. You will find full details of all walks available, their difficulty level, the price, and details of how to contact the guide and to book.

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