While most sovereign bullion coins in the precious metals industry today come from government-controlled mints around the globe, there are an increasing number of these programs originating from private mints that have contracts with smaller nations and governments. A perfect example of this partnership is the Scottsdale Mint. A private US mint, Scottsdale already has a contract in place with the nations of Congo and Fiji, and now adds to that with a truly unique offering.
The all-new Egyptian Relic Series of silver coins is struck through a partnership with the Republic of Chad, and the first release is now available celebrating one of the (now) most famous pharaohs from Ancient Egypt: King Tut. Learn more about the first release and the upcoming series here.
Unlike other sovereign coin programs from Scottsdale Mint or other production facilities, the all-new 2016 Egyptian Relic Series features 5 Troy oz. coins with a number of distinct physical characteristics that set the product apart from others currently available in the market. First and foremost, each of the 5 Troy oz coins contains .999 pure silver and has a face value of 3,000 Francs backed by the Republic of Chad.
The physical appearance of the coins is altogether stunning as well. Each coin has a rimless finish with a thick edge that mirrors the appearance of chiseled granite. The design sets on both sides of the coin are incuse in nature, meaning they are stamped into the surface of the coin. A hand-brushed antique finish adds to the “relic” appearance of each of the coins.
For the 2016 5 oz Republic of Chad Egyptian Relic Series King Tut Coin, the Scottsdale Mint has a maximum mintage set at 30,000 coins for global distribution. Individual coins in the series ship in a black gift box with hieroglyph themes. Coins can also ship in multiples of 4 in a larger box, with each individual coin contained within its black gift box, or multiples of 40.
As the first release in the series, the 2016 5 oz Republic of Chad Egyptian Relic Series King Tut Coin celebrates the 12th pharaoh of the 18th dynasty in Egypt. The odd part of King Tut’s legend today is that he was largely lost to Egyptian history following his death. He had an extremely short reign as pharaoh, lasting just 9 years in total from the age of 10 to 19, and achieved little in the way of significant milestones as Egypt’s pharaoh.
He is best known for the immaculate condition in which his tomb was discovered in 1922. British archaeologist Howard Carter discovered the Boy King’s tomb that year and found his solid gold coffin completely intact, with Tut’s mummified remains inside. As his story unraveled over time, modern humans were amazed at this Boy King who led an empire.
The designs on the obverse side of the 2016 5 oz Republic of Chad Egyptian Relic Series King Tut Coin are inspired by actual hieroglyphics depicting King Tut. The only engravings on the obverse feature a right-profile image of the Boy King himself.
Flip the coin over and you’ll find the coat of arms for the Republic of Chad. The heraldic shield of the nation includes rays of sunshine emanating from the top, a horizontal zig-zag pattern across the shield, and a lion and goat on either side of the crest. Below it is a banner reading “Unite, Travail, Progres,” which is the national motto for the country. Engravings include the nation of issue, weight, metal content, purity, year of issue, and face value of the coin.
The Republic of Chad is a landlocked country in north-central Africa. Known as the “Dead Heart of Africa,” Chad is bordered by six other nations and is the fifth-largest country on the continent. The nickname for the country is based upon its largely harsh, arid desert climate. However, there are actually several regions within the country that include the edge of the Sahara Desert in the north, the arid Sahelian belt in the center, the fertile grounds of the Sudanian Savanna in the south, and the region around Lake Chad which is the largest wetland in the country and second-largest in Africa.
Based in the suburban Phoenix city of Scottsdale, Arizona, the Scottsdale Mint is a private minting company that produces silver and gold bars, silver rounds, and also silver sovereign coins under contract for other nations. It does not produce American coinage as that is the exclusive responsibility of the United States Mint.
Scottsdale Mint is an ISO 9001-2008 certified company, and many of its hallmarked products are available for use in Precious Metal IRA accounts. Most importantly in the modern era, Scottsdale Mint is committed to environmentally responsible sourcing of its bullion. In particular, a portion of its silver bullion is sourced as recycled material from the photographic and manufacturing industries.
If the Egyptian Relic Silver Coin looks like the perfect product for your investment portfolio or personal collection, JM Bullion offers a variety of payment methods for you to complete your purchase today. We accept credit/debit cards, paper checks, Pay Pal transfers, and bank wire transfers.
Visa and MasterCard credit/debit cards are the only credit card services JM Bullion currently works with, and each takes up to one business day to process. If you’d like to pay by paper check, you’ll enjoy a 4% discount compared to credit and debit card purchases, though your check will take four to six business days to process.
Pay Pal and bank wire transfers are the latest offering from JM Bullion, which streamline the purchasing process. Both offer instantaneous processing, which releases your products to our fulfillment queue faster than other methods. Once all payments have cleared, your products are boxed in discreet packaging by our shipping department to protect the identity of the contents within.
JM Bullion is happy to offer all of our customers with free standard shipping and insurance on purchases over $99, though expedited shipping is available for an extra charge if you wish to receive your products sooner. All shipments are handled by the United States Postal Service or UPS, and JM Bullion will work to replace any lost, stolen, or damaged items.
If your items suffer damage or become lost during shipping, we’ll first work with the carrier to retrieve your packages. If supplies remain for the products you purchased, we’ll send you a replacement of any lost or damaged items. Short of that, JM Bullion will provide you with a refund of your purchase price.
Should you have further questions regarding Scottsdale Mint products or JM Bullion policies, please don’t hesitate to ask us directly. You can reach a JM Bullion associate on the phone at 800-276-6508, connect with us online using our live web chat, or email us directly with your inquiries. Also, continue to check back with JM Bullion as future releases in the Egyptian Relic Series are unveiled!