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The Coronation Coins: A Royal Revelation

Published by Tavex Analysts in category Precious Metal Information Guides on 07.07.2023
Gold price (XAU-GBP)
1,834.40 GBP/oz
  
+ GBP0.77
Silver price (XAG-GBP)
21.16 GBP/oz
  
- GBP0.06

Over recent years, we’ve witnessed a marked increase in interest in numismatic endeavours, notably in the field of coin collecting. Yet the question arises as to whether investing in the Royal Mint’s coronation coins, minted to commemorate the ascension of King Charles III, represents a sensible financial decision.

Coins Created by The Royal Mint

The Royal Mint, boasting a rich history that extends back over a thousand years, has an esteemed reputation for producing a range of highly sought-after coins. These coin releases often commemorate significant historical events, or are distinguished by unique characteristics, leading to an elevated demand amongst collectors and investors alike.

The visage of King Charles III will gradually appear across the spectrum of UK circulation coins. In addition to this mass release, the Royal Mint has launched a series of “commemorative” bullion coins, distinct due to their limited mintages—an aspect of critical relevance to numismatists and investors.

Now, let’s delve into the question of purchasing a coronation coin.

Does the investment in Royal Mint coronation coins yield worthwhile returns?

There’s a certain irony in purchasing currency with the intention of realising a profit. Yet, history demonstrates that during financial turbulence and uncertainty, the value of money is subject to the whims of those in power. Bullion coins present a unique hedge against inflation and quantitative easing, which can significantly influence the value and availability of money. A Coronation Britannia Gold Bullion Coin, seemingly ordinary gold coin can appreciate in value in a relatively short period.

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The Coronation of His Majesty King Charles III 2023 1oz Gold Bullion Coin reverse new Out of stock

1oz Great Britain King Charles III Coronation Gold Coin

1816.69 1816,69 2111.57 2111,57
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Critical Factors for Investing in Coins

Investing in coins for future resale at a profit is not an easy task. It demands a significant degree of thoroughness and understanding of the market dynamics and the factors that contribute to a coin’s value. If you are considering such an investment, take into account the following factors:

  • Rarity and Mintage: The scarcity of a coin often directly affects its value. A lower mintage figure usually means the coin is more difficult to come by, making it potentially more valuable to collectors. It’s crucial to research and understand the mintage figures of the coins you’re considering investing in.
  • Historical Significance: Coins that commemorate significant historical events or figures often have increased value, especially among collectors who have a keen interest in history. Such coins often gain value over time due to their cultural and historical significance.
  • Condition: A coin in ‘mint’ or ‘near mint’ condition – that is, a coin with few or no signs of wear or damage – will typically be more valuable than a similar coin in poor condition. The preservation of the coin plays a significant role in its resale value.
  • Metal Content: The composition of the coin – whether it’s made from gold, silver, or another metal – can also influence its value. Precious metals like gold and silver have intrinsic value that can contribute to the overall value of the coin.
  • Demand: The popularity and demand for a particular coin in the market significantly impacts its value. High demand for a particular coin can drive up its price, especially if the supply is limited.

A Closer Look at the Coronation Coins

The Royal Mint’s 2023 coronation coins provide a range of compelling investment opportunities, offering a blend of historical significance, quality craftsmanship, and controlled mintages.

The Coronation Britannia 2023 1oz Gold Coin is restricted to a worldwide mintage of 10,000 coins. This limitation ensures the coin’s rarity, increasing its desirability amongst collectors and enhancing its potential for appreciation.

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UK Coronation Britannia 2023 1oz gold coin obverse Out of stock

1oz British Britannia: King Charles III Coronation Gold Coin

1816.69 1816,69 1929.79 1929,79
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Similarly, The Coronation of His Majesty King Charles III 2023 1oz Gold Coin is another premium investment option. With a global mintage of just 7,500 coins, this unique item encapsulates a momentous occasion in British history, further enhancing its numismatic value and potential as an investment.

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The Coronation of His Majesty King Charles III 2023 1oz Gold Bullion Coin reverse new Out of stock

1oz Great Britain King Charles III Coronation Gold Coin

1816.69 1816,69 2111.57 2111,57
We buy £1,816.69
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The Coronation Sovereign 2023 Gold Coin, crafted from 916.67 fine gold, may not have a limited mintage, but its investment appeal lies in its high gold content and the prestige associated with sovereign coins. The sovereign’s rich history and reputation for quality make it a highly sought-after coin in the numismatic community, which could lead to an increase in its value over time.

2023
Great Britain Sovereign King Charles III Coronation In Stock

Great Britain Sovereign King Charles III Coronation

We sell 1+ £452.21 426.92 426,92 426.92 426,92 426.92 426,92 452.21 452,21 451.77 451,77 450.91 450,91
We sell £450.91 426.92 426,92 426.92 426,92 426.92 426,92 452.21 452,21 451.77 451,77 450.91 450,91
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On the silver front, The Coronation Britannia 2023 1oz Silver Coin and The Coronation of His Majesty King Charles III 2023 1oz Silver Coin offer similar investment prospects. Limited to mintages of 200,000 and 150,000 coins worldwide respectively, these coins balance the affordability of silver with the appeal of limited-edition coronation commemorative pieces, making them attractive options for both new and seasoned investors.

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The Coronation Britannia 2023 1oz Silver Bullion Coin In Stock

1oz British Coronation Britannia Silver Coin

We sell £33.56 20.73 20,73 33.56 33,56
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The Coronation of His Majesty King Charles III 2023 1oz Silver Bullion Coin reverse In Stock

1oz Great Britain King Charles III Coronation Silver Coin

We sell £33.56 20.73 20,73 33.56 33,56
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Finally, The Royal Arms 2023 1oz Silver Bullion Coin, with a limited mintage of 100,000 coins worldwide, is an excellent option for those looking to invest in a piece that combines the strength and stability of bullion with the scarcity factor of a limited mintage.

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British Royal Arms Silver Bullion Coin In Stock

1oz British Royal Arms Silver Coin 2023

We sell £32.29 20.73 20,73 32.29 32,29
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Each of these coins, whether gold or silver, limited or unlimited mintage, presents a unique investment opportunity, combining aspects of scarcity, historical significance, and metal value, which could lead to substantial returns for discerning investors.

What value have previous limited edition coins achieved in the market?

There are many instances of highly valuable coins and collectible currencies. Two notable examples include:

  • Una and The Lion Coin: This design, featuring a young Queen Victoria from 1839, is highly desired among collectors as the coin is widely regarded as the most beautiful British Coin. The collection was reissued in 2019, with 2oz gold proof coins initially selling for £4,370, with recent sales reaching an incredible £62,000.
  • Edward VIII Sovereign: a very special sovereign was sold in 2020 to a private collector for an astounding £1 million, setting a record for a British coin. The coin was part of a few “trial sets” minted following Edward VIII’s coronation in January 1936. Edward VIII’s profile on the coin faced the opposite direction of his predecessors, which has further added to its unique appeal and value.

Rebecca Morgan, the Royal Mint’s director of collector services, has recently given advice for aspiring coin collectors and investors:

  1. Limited mintage coins: Always verify the mintage of a coin before determining its worth. If uncertain, it’s advisable to consult an expert.
  2. Condition: A coin’s value is heavily influenced by its condition. A coin closer to “mint condition” holds a higher potential value.
  3. Metal composition: The value of a coin can also be determined by its material composition.

The decision to invest or not lies with the individual. Historical instances exist where coins like the Spanish doubloons have seen a sudden decrease in value due to a sudden influx into the market. It emphasises the importance of conducting meticulous research and understanding mintage numbers before making any investment decisions.

Furthermore, investing in Royal Mint’s coronation coins presents an enticing blend of historical appreciation and potential financial gains. The exclusivity of these coins, combined with their aesthetic appeal and the noteworthy occasion they represent, renders them potentially profitable as investments. It’s worth noting that the value of coins, like any other investment, is not entirely predictable. Thus, thorough research, a keen understanding of the numismatic world, and careful consideration of factors like rarity, condition, and demand are essential when venturing into coin investment.

Gold price (XAU-GBP)
1,834.40 GBP/oz
  
+ GBP0.77
Silver price (XAG-GBP)
21.16 GBP/oz
  
- GBP0.06

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