Royalty
Why King Charles III Coronation coins will be worth collecting
As the United Kingdom prepares for King Charles III’s coronation this year, we can expect worldwide mints to issue coins marking the historic event. But how sought-after will they be?
Well, when you look to recent royalty coins, including those featuring His Majesty’s portrait, there’s sure to be sell-outs.
FIRST UK King Charles III Coins Sell-Out in HOURS
Following Queen Elizabeth II’s sad passing in September 2022, a new UK 50p and £5 coin were issued to commemorate her incredible life and legacy.
These were the first ever UK coins to feature King Charles III’s portrait on the obverse, and the first time we’d seen a new obverse portrait on coins in 70 years.
And, these coins were in such high demand that all premium limited specifications sold out at The Royal Mint within JUST HOURS of release.
This isn’t surprising considering The Royal Mint had queues of over 66,000 collectors on their website, each wanting to secure these coins for their collections.
The First King Charles III Sovereign
The Queen Elizabeth II Memorial Sovereign was the first ever UK Sovereign to feature King Charles III’s portrait on the obverse. It was also the first time a memorial sovereign had been issued.
These factors made an already popular coin extremely sought-after by collectors.
It proved so popular with collectors that the Gold Proof, Gold Proof Quarter-Sovereign and Gold Proof Half-Sovereigns all becoming best sellers at The Royal Mint.
Prince Charles 70th Birthday £5
In 2018, The Royal Mint issued a £5 coin to celebrate King Charles III’s 70th birthday. What makes this coin unique is that it was the last UK coin to feature the portrait of His Majesty as ‘Prince’ before he became King.
Since the passing of Queen Elizabeth II, we’ve seen demand for this coin increase as collectors look to build their King Charles III collections.
The Brilliant Uncirculated version has been listed on eBay for nearly 10 times its face value, whilst the silver proof version is being listed for more than £249.
Dual-Plated National Anthem Platinum Jubilee 50ps
Prior to Charles’ accession to the throne, Queen Elizabeth II’s Platinum Jubilee was the most significant royal event in history.
To commemorate Queen Elizabeth II’s Platinum Jubilee in 2022, the Isle of Man issued a set of National Anthem Platinum Jubilee 50ps.
The National Anthem collection included a dual reverse design, featuring the words of the iconic National Anthem on the left, and the Queen’s heraldic Beasts on the right.
These coins proved extremely popular with collectors – the initial release of 2,000 dual-plated National Anthem 50ps selling out in less than 2 hours.
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King Charles III’s Coronation: everything we know so far…
Buckingham Palace has announced that the coronation of King Charles III will take place on Saturday 6th May, 2023 at Westminster Abbey.
The Archbishop of Canterbury will preside over the anointing in a service that Buckingham Palace have said will be a mix of ancient and modern traditions to “reflect the monarch’s role today and look towards the future”.
Image: Dan Marsh/CC-BY-SA-2.0
King Charles will be 74 at the time of his coronation – making him the eldest new monarch to be crowned.
Camilla, the Queen Consort, will also be crowned as part of the service in a shorter ceremony. She will become the thirtieth consort to be crowned since the Norman Conquest.
What will happen at the Coronation of King Charles III?
This will mark the first coronation in the United Kingdom for nearly 70 years. A young Prince Charles attended the coronation of his mother, Queen Elizabeth II, on 2nd June 1953 and it is believed that the new monarch has made adaptations to the ceremony for his own coronation.
Image: Photos from Library and Archives Canada via Wikimedia Commons
Lots of the pageantry and ritual is expected to be retained. Monarchs traditionally sit on a 14th century coronation chair and are officially crowned with St Edward’s solid gold crown.
There is likely to be a procession through London, featuring a Gold State Coach.
And it is expected that the celebration will come to an end with a Buckingham Palace balcony appearance.
How will the world celebrate King Charles’ Coronation?
The coronation will be televised and a potential worldwide television audience of hundreds of millions has been predicted.
It has been confirmed that there will be an extra UK bank holiday to mark the coronation. This is scheduled for Monday 8th May 2023, two days after the service.
If you’re interested…
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New King’s portrait revealed by The Royal Mint
The Royal Mint have revealed the new portrait of King Charles III which will feature on UK coinage.
Created by renowned British sculptor Martin Jennings, the effigy has been personally approved by His Majesty. In keeping with tradition, The King’s portrait faces to the left, the opposite direction to Queen Elizabeth II.
It will be used for the very first time on a range of coins paying tribute to the life and reign of the late Queen.
The new range was released at 9am on Monday 3rd October.
This is the first time in nearly 70 years that we have had a new monarch on our coins. It is the most significant change to UK coinage since decimalisation in 1971.
The coins are available in several specifications including 50p, £5 and Ounce. Coins will be on sale at The Royal Mint until 31st December 2022.