Are Royal Coronation Coins Worth Investing In?

 Above, both sides of the 2023 Silver Britannia featuring King Charles III. Photo by Armand Vaquer.

The coronation of King Charles III is two days away and the merchandising has already begun. They include special commemorative gold and silver medals and coins by the Royal Mint. 

The question arises: Are they worth investing in?

That all depends. One thing people who may want to invest in them is to check the number of medals and coins being made. Scarcity breeds value. The less there is of something, generally, the more valuable it becomes.

The only coins featuring the King I invested in are the Royal Silver Britannia coins. I bought them before the current rise in the silver spot price of silver.

Times Money Mentor (U.K.) has posted an article on just this very topic.

Here's some snippets:

It goes without saying that King Charles III will soon be appearing on all of our UK coins, though the rollout of the mass circulation coins will be staggered. But the Royal Mint* has also released a series of ‘commemorative’ coins, which means their numbers are limited. And this is the key factor for collectors.

Let’s take a look at whether investing in coins can make you a mint.

When it comes to investing, buying money at face value as an investment might seem a little ironic.

But as we’ve seen over various financial crises, money is only worth what the people in power say it’s worth.

Coin collecting defies things that affect the value or availability of money, like inflation and quantitative easing. A humble 50p piece that’s never been in circulation can be worth hundreds of pounds over relatively short periods of time.

If you’re going to invest with a view to selling coins later for a profit, you need to do your research. 

From art to wine, I must say that people who buy things purely as investments leave me cold. If you’re going to collect something, do it because you love it, not solely because of its underlying value at any given point.

Remember, investing comes with risk, it’s ultimately a gamble.

The article is worth a read. To read it, go here.