Finance

First 50p King Charles coronation coins revealed by Royal Mint – and they go on sale this month


A CROWNED portrait of the King will feature on a new range of commemorative coins for the first time to celebrate the coronation.

The collection, which includes a 50p and £5 coin, will be released later this month ahead of the historic celebration on May 6.

A special coin range to celebrate the King's coronation has been unveiled

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A special coin range to celebrate the King’s coronation has been unveiled
The 50p coin has features a drawing of Westminster Abbey

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The 50p coin has features a drawing of Westminster Abbey

The portrait has been designed by artist and sculptor Martin Jennings and shows King Charles III wearing the Tudor crown.

The 50p coin will also feature a drawing of Westminster Abbey by The Royal Mint’s designed Natasha Jenkins.

The £5 coin features a design by Timothy Noad of the sacred and symbolic objects used in the coronation ceremony, known as the Coronation Regalia, and the St Edward’s Crown.

The 50p coins will be available to buy from 9am on April 24 for between £11 and £1,220, while the £5 coins are priced between £14.50 and £2,995.

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A 1kg solid gold proof coin will also go on sale for a whopping £77,565.

These coins won’t be in circulation, meaning you won’t be able to use them in shops.

But five million new 50ps are also set to enter circulation later in 2023.

These will feature the original, uncrowned effigy of Charles and the commemorative Westminster Abbey drawing.

This follows the five million memorial 50ps that entered circulation after the King ascended the throne.

Rebecca Morgan, director of collector services at The Royal Mint, called the range “a wonderful keepsake of such a historic occasion”.

“This is the first coronation that most of us will ever have seen – it has been 70 years since the last coronation in this country – and we know lots of people are gearing up to have a huge celebration.”

There are several different types of coins you can buy from the Royal Mint.

Circulated coins are the ones you’ll see in your shop change.

Brilliant uncirculated coins are a higher standard than circulating and bullion coins.

The machines used to strike these coins are polished and finished by hand. 

Proof coins are the highest quality coins produced by the Royal Mint and are all hand-finished. 

Bullion coins are made from gold and silver and are usually used as an investment that aims to retain a certain value over time.

There are dozens of collections available for collectors.

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Last year it launched its Harry Potter collection in celebration of the 25th anniversary of the Philosopher’s Stone.

Meanwhile, the first commemorative £2 coins featuring King Charles III were released in January.

Do you have a money problem that needs sorting? Get in touch by emailing money-sm@news.co.uk





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