50p Coin
What happened when The Royal Mint launched the official Coronation coins?
Today, we witnessed the monumental launch of the official UK Coronation coin range.
And as you would imagine, the coins released for the biggest royal event in decades have generated insatiable demand. The Royal Mint have already SOLD-OUT THIRTEEN of their specifications.
Featuring a 50p, £5 and an Ounce range, these FIRST Coronation coins were made available in BU, Silver Proof, Silver Piedfort, and the most prestigious quality – Gold Proof.
OVER 60,000 Collectors Waited…
The story began at 9am, when we were greeted by a queue of over 60,000 on The Royal Mint’s website.
And since then, we have seen almost immediate SELL-OUTS…
Sell-Out After Sell-Out
The growing queue soon resulted in the 16-MINUTE SELL-OUT of the Struck on the Day Sovereign, going off-sale from the Mint at 9:16am.
The sell-out of the 1/40th oz Gold coin came next, selling out an impressive entire edition limit of 2,023 in just over twenty minutes!
The prestigious 1oz and ¼ oz Gold Proof Coronation coins soon followed suit and sold-out too.
Next were all the coins in the Gold Ounce range to sell-out of their edition limits, which ranged from 500 to 2,023.
Then, the 5oz Silver with an edition limit of 1,500 was next to sell-out…
Even the large edition limit of 3,250 belonging to the Silver Piedfort 50p and Silver Piedfort £5 coins have BOTH SOLD-OUT!
But most impressively so far, BOTH the prestigious Gold Proof 50p and Gold Proof £5 specifications have sold-out of their 500 edition limits!
Official UK Coronation Coins Revealed…
The Royal Mint have revealed a special Coronation portrait of King Charles III, which will feature on the United Kingdom’s range of Coronation Coins.
The portrait shows King Charles III wearing the Tudor Crown, a design that is unique to the Coronation Range – this includes the UK’s first Coronation 50p, a £5, an Ounce and a Sovereign.
The 50p itself features a design by Natasha Jenkins of the King’s Royal Cypher, alongside the front of Westminster Abbey where he will be crowned on 6th May 2023.
The £5 coin, designed by renowned coin artist Timothy Noad, features the St Edward’s Crown joined by other Coronation Regalia.
And finally, the Ounce coins feature a heraldic design by John Bergdahl.
All designs have been personally approved by the King himself and will be available from 9am on 24th April 2023, on The Westminster Collection’s website.
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The Official UK King Charles III Coronation Coins Confirmed
Last week, it was announced that King Charles III will celebrate his Coronation with a brand-new range of UK coins.
And today, you have the chance to make sure you don’t miss out…
What we know so far about the UK Coronation Coins
The Royal Proclamation detailed a range of limited-edition coin specifications including a 50p and a £5 coin, a Sovereign, and an ounces range; the perfect way to honour this historic occasion.
The launch date is yet to be confirmed, but considering that the first UK coronation in 70 years is now less than two months away, collectors are eagerly awaiting further news.
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We’re expecting huge demand for these coins. Especially when you hear about the designs…
The designs
The Royal Proclamation has declared that the reverse of the new UK 50p will feature the Royal Cypher of King Charles III against the exterior of Westminster Abbey.
Additionally, the reverse design of the £5 coin is set to feature St Edward’s Crown accompanied by text stating “THE CORONATION OF KING CHARLES III 6th MAY 2023”.
The proclamation also confirmed that the Sovereign range will feature the classic St. George & the Dragon design. It’ll be the first King Charles III sovereign with this reverse, making it excellent to pair with the UK 2022 Memorial Sovereign.
Unprecedented demand expected
Demand for these coronation coins is sure to outweigh supply.
We saw 24-hour sell-outs for the Queen’s UK Platinum Jubilee coin range, so it’s inevitable that demand for these coins will follow suit…