Top 10 Coronation Coins That You Can Buy This Year
Are you numismatic? Or know someone who has a deep knowledge of coins and loves to collect them? If so, this piece is just the right one for you. Coronation coins and medals have been the talk of the town amongst all the coin lovers and hoarders.
With the hunt for new coins and medals that are significantly bound with history or are a part of Western heritage, numismatics will always find coronation coins to be their favorites.
In this article, we will delve into the newest coronation coins from various categories including Bullions, £5 Crown, 50P, Ounce, and Sovereign.
What Are Coronation Coins?
Coronation coins and coronation medals are issued to commemorate the coronation of a new king or queen and are great souvenirs or collectibles for collectors and royal fans.
Top 10 Coronation Coins That You Can Consider Buying
There’s no shortage of options for commemorative coin collectors – as different coins are minted on an annual basis.
Here are some of The Royal Mint’s most popular – though not necessarily the most valuable – commemorative coins in the UK.
1. 1935 George V Silver Crown: Created to celebrate George V’s Silver Jubilee, it is the first-ever commemorative Crown to be minted. It is often referred to as ‘The Rocking Horse’ due to its Art Deco take on the classic coin design of St George & the Dragon.
2. 1953 Queen’s Coronation 5 Shilling Crown: Created in 1953 to commemorate the coronation of Queen Elizabeth II, the coin has a nominal value of 25p, but is much more valuable to a collector.
3. 1965 Sir Winston Churchill Commemorative Crown: The 1965 Churchill Crown commemorates the death of the world-renowned statesman and is the first British Crown coin to feature a non-royal person. It is also the first non-royal Crown coin to be issued since 1902.
4. 1972 Silver Wedding Anniversary Commemorative Crown: Created in 1972 to celebrate Her Majesty The Queen Elizabeth II’s Silver Wedding Anniversary with Prince Philip. How much is a Queen Elizabeth coronation coin worth? It could be $2 million.
5. 1977 Queens Silver Jubilee Commemorative Crown: Created in 1977 to celebrate Her Majesty The Queen’s Silver Jubilee.
6. 1980 Queen Mother’s 80th Birthday Commemorative Crown: Created in 1980 to commemorate Queen Elizabeth The Queen Mother’s birthday.
7. 1981 Royal Wedding Charles Diana Commemorative Crown: This coin commemorates Prince Charles’ marriage to Lady Diana Spencer and is the very first ever Royal Wedding coin.
8. 1994 Gold Proof 50p piece: Created to commemorate the 50th anniversary of the Normandy Landings in World War II, the coronation 50p coins have a diameter of 30mm and more gold than the current issues.
9. 1994 Gold Double Sovereign: Since this coin is legal tender and exempt from CGT (Capital Gains Tax), it is one of the most popular coins for UK investors. This coin was minted to celebrate the 200th anniversary of the Bank of England.
10. 2011 Royal Wedding Gold £5 Proof Crown: Created in 2011 to commemorate Prince William’s and Catherine Middleton’s Royal Wedding.
Evaluating The Value Of A Coronation Coin
Commemorative coinage continues to be a popular choice for collectors, both within the UK and globally
Most commemorative coins, regardless of which Mint they are issued by, fall into one or more of three main categories
Common Everyday Currency:
In the UK, we would most commonly see commemorative coins in active circulation, such as 50p coins, £1 coins, and £2 coins. These are usually cast from base metals, as are most other everyday coins.
Non-circulating legal tender:
These are older coins, such as the old-style coins (such as the ‘Sovereigns’ and ‘Crowns’ and more recent £5 coins) that are either cast from a basic metal or a precious metal.
These coins could theoretically be put into circulation, but they are not due to their ‘potential’ or ‘collectible’ value, which is significantly greater than the value at which they would be legal tender.
Tokens’ or souvenirs:
Proof coins are minted from legal tender precious metals such as gold and silver. Due to the limited number of these coins, they can be more desirable to collectors.
Coronation Coins: Are They Worth Investing?
Receiving a commemorative coin can bring a certain amount of satisfaction to one’s pocket. It’s an eye-catching item to have around the house.
On the other hand, from an investment perspective, commemorative coins aren’t always of very good value. They may appreciate in value from time to time, but that’s usually not the case.
You’ll often find commemorative coins in the secondary market at a much lower price than the Royal Mint originally sold them.
When compared to a genuine commemorative coin, there’s a much greater chance that it will appreciate in value over time.
How much is a coronation crown coin worth? Well, around £45 million.
Why is that?
Most rare coins are made from precious metals such as gold or silver.
The intrinsic value of these coins increases over time, making them much more valuable such as a coronation coin 2023 will be worth more in a couple of years.
Also, numismatic coins tend to be much more valuable if they are very scarce or have a low mintage rate.
How much is a 1953 coronation coin worth? Well, it has been seen that the value of the coin can soar up to ₤29.
Cashing Out Coronation Coins Or Commemorative Coins
If you really want to cash in a commemorative coin, most major Post Offices will do so. Some banks may accept them at their discretion, but it’s unlikely.
Before going down any of these routes, it’s important to understand the coin’s true worth. In our experience, the true value of a commemorative coin is that it’s collectible.
If a coin is very rare, it will likely be worth much more than its nominal value.
High-value non-circulation commemorative coins are highly sought after by collectors due to their visual appeal or rarity.
In many cases, the best way to get rid of your item is through a Private Treaty Sale at current market levels.
Coin Sellers’ Take On Coronation Coins
According to the Royal Mint, its royal mint coronation coin sets are of ‘the highest quality available’, with each coin being struck individually, handcrafted, and produced in a limited number.
According to Simon Mellinger of Hattons, the manager director of the company, proof coins are produced in a ‘very labor-intensive way’, meaning that the coin is struck many times in a ‘dust-free environment’ to achieve a mirror finish’.
Bullion coins, on the other hand, are spit out of machines as if they were ordinary circulation coins, and there is no real concern about their quality.
However, according to Mr Mellinger, Hattons never advertises investment potential and never mentions investment value.
The company’s website states that it is the only one in the industry to offer a ‘buyback program’ when coins are sold out, meaning that it buys coins back at a premium price and resells them to customers who missed out on the offer.
Bottom Line
Discover the ultimate in numismatic excellence with our curated collection of this year’s Top 10 Coronation Coins.
From historical commemoratives to stunning modern editions, every coin evokes a sense of regal grandeur.
Crafted with care and with a timeless design, coronation coins aren’t just collectibles, they’re a tangible connection to royal heritage. Whether you’re an experienced collector or a first-time collector, these coins provide an unparalleled insight into history.
Invest in the grandeur of coronation coinage today and immerse yourself in centuries of royal history. Discover your piece of royalty with us.
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