CIT surprise with striking Smartminted Harry Potter movie prequel inspired silver coin

Take what could be one of the biggest movie blockbusters of the year and the most impressive minting technique in the marketplace and you’re likely to get something that looks as good as Coin Invest Trust’s latest proof silver coin. There are plenty of examples of SmartMinting around at the moment, from Thors Hammer, through Skull No.1, and on to Eternal Sculptures, so we’ve already covered the technique.

This new coin is based on what could turn out to be another huge series of blockbuster movies based on the works of British author, J.K. Rowling called Fantastic Beasts and Where to find them. Set prior to the Potter movies, the latest series will be based around the exploits of Newt Scamander, the first set of which is based in the United States of America. Made with a $180,000,000 USD budget, the David Yates directed movie has already picked up some sparkling reviews and the general public will get to see it from tomorrow (in the UK at least).

One of the key elements of the Harry Potter movies was the governing body that kept magic in check. In the US, this task is undertaken by the Magical Council of the United States of America (MACUSA), and it’s the logo/seal of this organisation that forms the basis for the coins design. As with most licensed properties, the copyright owner is very strict over what is and isn’t allowed, so CIT will no doubt have had little opportunity to tweak the design so it looks good on the reverse face. Usually we’d be concerned by that, but the logo is a great one, very USA, and CIT have used smartminting to knock it out of the park.

Issued for the Cook Islands, the one-ounce proof finish coin will come in a cool box with a clear window on top and some lavish finishing. The Certificate of Authenticity is serialised and printed directly on the box. As with pretty much all 0f these CIT coins, they’re struck by the masters at german mint, BH Mayer. Only 5,000 of the coins will be struck and they will ship from the 5th December with a price set at $149.95. I know we keep saying this lately, but CIT are on a roll with a flood of beautifully struck, high-quality numismatics, and in our view, this is another to add to the list. Available to pre-order now.

 

 

FANTASTIC BEASTS AND WHERE TO FIND THEM

Fantastic Beasts and Where to Find Them is an all-new adventure returning us to the wizarding world created by J.K. Rowling. Fantastic Beasts and Where to Find Them opens in 1926 as Newt Scamander has just completed a global excursion to find and document an extraordinary array of magical creatures.

Arriving in New York for a brief stopover, he might have come and gone without incident…were it not for a No-Maj (American for Muggle) named Jacob, a misplaced magical case, and the escape of some of Newt’s fantastic beasts, which could spell trouble for both the wizarding and No-Maj worlds.

The Magical Congress of the United States of America, known to American witches and wizards by the abbreviation MACUSA (commonly pronounced as: Mah-cooz-ah) was first created in 1693 and is the magical body in charge of governing the wizarding population of the USA. MACUSA was modeled on the Wizards’ Council of Great Britain, which predated the Ministry of Magic.

Representatives from magical communities all over North America were elected to MACUSA to create laws that both policed and protected American wizardkind. As with most other magical governing bodies, the Department of Magical Law Enforcement is the largest department in MACUSA. Unlike most Western countries, there is no cooperation between the No-Maj government and MACUSA.

SPECIFICATION

NAME 2017 MAGICAL CONGRESS
DENOMINATION $5 Cook Islands
COMPOSITION 0.999 silver
WEIGHT 31.1 grams
DIAMETER 38.61 mm
FINISH Proof
MODIFICATIONS SmartMinting
MINTAGE 5,000
BOX / COA Yes / Yes

 

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COIN INVEST TRUST
By |2016-11-17T22:42:26+00:00November 17th, 2016|Categories: Movies & TV, Silver, CIT Coin Invest, Cook Islands|7 Comments

7 Comments

  1. Over Haulin November 18, 2016 at 22:18 - Reply

    Ok, Ok, Ok… but I was wondering who in his right mind is going to pay 149 dollars( WOOOOOOW!!!!!) for a one-ounce coin, with a relatively high mintage for an numismatic item, knowing the current market situation and being in fact just another merchandising element from a movie?… I will tell you a secret: I know where to find the real Fantastic Beasts, with stunning designs, the double of pure silver and the half the of the price… just look for the Lion and the Griffin at Royal Mint website and you will be agree with me!!!!

    • Ian November 21, 2016 at 00:27 - Reply

      In total agreement with you.
      C.I.T.’s “smart minting” is rapidly becoming a euphemism for stupid pricing.
      And not an isolated case because of the Potter franchise.
      There are many other examples to date.
      Reel it in, CIT….that kind of strategy won’t wash for very long.

      • Mik Woodgate
        Mik Woodgate November 21, 2016 at 10:20 - Reply

        To be fair to CIT, their own smartminted coins like Chinggiz Khaan and the Great Tea Race are all well under €100, but they produce a lot for other people and that’s where the higher prices are set. This one in particular is unusual in that it was done for a third party and CIT are just distributing in selected markets. It is pricey, I’d agree, but I dread to think what the license cost.

        • Ian November 21, 2016 at 18:50 - Reply

          I appreciate that there are instances such as you mention.
          However, the Khaan and Great Tea Race were at the early times of the smart minting.
          After testing the waters and receiving constant high praise for the standard and technique of minting (and rightly so!) it’s just unfortunate they now take this as a signal they can name their price.
          As time has gone on, and more issues appear, there is no doubt the trend from CIT is to increase prices.
          The 2nd coins in CIT’s Magnificent Life & Evolution of Life have both had a substantial price increase this year.
          When i wasn’t seeing many of the dealers sites i usually haunt listing these for sale, i asked one of the dealers why not.
          He wrote back to me “because of high prices this year i’m not buying in any CIT coins, as many other coin dealers”.
          Of the dealers who were selling them, i wouldn’t buy because of the quite large hike in the cost.
          Don’t get me wrong – i love their stuff but i am also pragmatic about what represents a reasonable cost.

  2. richo November 21, 2016 at 13:45 - Reply

    Personally I think it looks fantastic. Agree on the price though. Shame as probably pricing out younger fans.

  3. Sebastian Deahl Castro October 12, 2018 at 22:42 - Reply

    The Magical Congress of the United States of America takes place in the USA. This is a American magic coin. Why the hell is Queen Elizabeth on the coin? Having her face on the coin just gives this coin less value. I’m just saying, I rather have the face of President Trump on the coin just for the fun of it.

    • Mik Woodgate
      Mik Woodgate October 12, 2018 at 23:53 - Reply

      An official US release would be great, but good luck getting this through Congress so that the US Mint can produce it. It might have the Queen’s effigy on it, but at least it exists for coin colelcting fans of the movie.

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