Privy mark

A privy mark was originally a small mark or differentiation in the design of a coin for the purpose of identifying the mint, moneyer, some other aspect of the coin's origin, or to prevent counterfeiting. One of the first instances of a privy mark used as a counterfeit measure was during the 17th century in a plan proposed by Sir Edward Ford (soldier) to mint farthings, halfpence and three-farthings.[1]

Privy mark (left) of drs. Chr. van Draanen and mint mark on a Dutch coin.

In modern times, the privy mark is used as a design and marketing feature to commemorate a special event or signify that the coin is part of a set. It is still sometimes used to signify the location or origin of where the coin was minted, but is then usually referred to as a mint mark.[2][unreliable source?] Some privy marked coins – such as the Canadian Silver Privy Marked Maple Leaf – may sell at a premium.

See alsoEdit

ReferencesEdit

  1. ^ "ANS Digital Library: Mark Newby's St. Patrick coinage". numismatics.org.
  2. ^ "Privy Marks & Mint Marks: Knowing the Difference | Bullion Exchanges". bullionexchanges.com.