Royal seal of approval – investing in commemorative coins

The end of 2022 brings to a close a highly eventful year for the British Royal Family. Notably, Queen Elizabeth II’s Platinum Jubilee celebrations were followed a few short months later by her sad passing. Now, the country is preparing for the Coronation of her son, the newly minted King Charles III, in early May 2023. All of these events have had a significant impact on many areas, including the production of the latest in a long line of commemorative gold coins and medallions.

Royal commemorative coins have long been a solid investment choice for those interested in building up a gold portfolio. They attract a high level of interest and are hugely collectable. The coins are normally produced as souvenirs, rather than intended for circulation, so they tend to remain in good condition and are kept as a full set instead of being split up and spent. What’s more, the British Royal Family remains popular around the world, widening the scope for selling collections on to international buyers as well as those closer to home.

What are commemorative coins

Non-circulatory commemorative gold coins often come in higher denominations, with older coins produced as Sovereigns and Crowns and more modern versions usually around the £5 mark. They are normally cast in gold or other precious metals, as opposed to coins intended for circulation, which are made from base metals. The most sought-after types of royal commemorative coins are those made from gold or silver and produced in very limited numbers. These attract the highest values and represent excellent investment choices. Values normally exceed the coins’ face value, with some rarer and older examples increasing their worth many times over.

Some ways to tell how valuable a royal commemorative coin is include looking at overall condition, as already mentioned. The better the condition, the more valuable the coin will be. That is why it is important to store gold coins carefully in a safety deposit box to prevent risk of damage. Other signs that a gold coin is more valuable include rarer years of mintage, depictions of older monarchs, or those who didn’t reign for very long, as well as minting errors.

Collecting or investing in commemorative gold coins can be done in a number of ways. Some people like to collect coins from a certain type of royal event, such as Coronations, Jubilees, marriages, births or deaths. Others choose to just collect coins from a specific monarch’s reign, or a certain time-span or country. Another idea is to choose a certain denomination, for example only investing in gold Sovereigns or Crowns.

Which events to invest in?

Additionally, some events attract more interest than others, increasing the value of the commemorative coins produced to mark them. Notable examples of this from more recent history include the following:

  • 1935 King George V’s Silver Jubilee Silver Crown – the first ever commemorative Crown to be minted in Britain.
  • 1953 Queen Elizabeth II’s Coronation Five-Shilling Crown – its value to royal commemorative coin collectors far outweighs its nominal face value.
  • 1972 Queen Elizabeth II and Prince Philip’s Silver Wedding Anniversary Commemorative Crown.
  • 1977 Queen Elizabeth II’s Silver Jubilee Commemorative Crown to mark 25 years on the throne.
  • 1981 Wedding of Prince Charles and Lady Diana Spencer Commemorative Crown – the first ever royal wedding commemorative coin to be minted in Britain.
  • 2011 Wedding of Prince William and Catherine Middleton Commemorative Gold £5 Coin – another royal wedding marked by a gold souvenir coin.
  • 2022 Queen Elizabeth II’s Platinum Jubilee Commemorative Gold £5 Coin – marking what would be the final Jubilee milestone of the country’s longest reigning monarch.

How to get started

Investing in gold commemorative coins with royal themes is easy to begin. There are several examples available at varying price ranges, including entry level amounts. For specific advice and guidance, speak to a gold bullion expert who can discuss your requirements and goals for your gold investment and help you create and build up a suitable portfolio.

Once you have started to collect your gold coins, make sure you have secure arrangements to store them. They will normally come in a protective case, but should be kept somewhere safe that is not exposed to fluctuating temperatures or high humidity that can cause tarnishing to occur. Always keep any paperwork that comes with the coins, especially certificates of authenticity and proof of purchase. This will make selling coins on to new buyers much easier, further down the line.