People across the nation are gearing up to celebrate the Queen’s Platinum Jubilee in all manner of ways in the coming weeks.
From street parties and barbecues to concerts and parades, there’s no shortage of ways to celebrate 70 years of the monarch’s reign.
However, if you want something longer-lasting than snaps on your camera of the special day, you may want to get your hands on some commemorative memorabilia.
With the Royal Mint releasing a coin for the Queen’s Jubilee, many collectors have rushed to get their hands on the limited edition 50p.
Read on to find out how to get your own and find out if it’ll ever be worth more than its face value.
The Royal Mint Platinum Jubilee commemorative coins and how you can get them
The Royal Mint is renowned for releasing limited edition coins for special occasions such as the Olympics, to mark historical people of note like Rosalind Franklin and to celebrate anniversaries like 120 years of Peter Rabbit.
So, it comes as no surprise that Platinum Jubilee coins are being added to the collection. The entire collection can be bought from the Royal Mint website, and none have sold out just yet so there’s still time to add them to your collection.
This is the first time a royal event has been celebrated on a 50p coin by the coin makers.
The Royal Mint website gives some background as to what to expect from the collection. It states: ‘Created in collaboration with the royal historian and author Professor Kate Williams, each edition comes with packaging exploring particular elements of Her Majesty’s remarkable life and reign.’
You can get yourself a 2022 50p Brilliant Uncirculated Coin, which comes with a booklet that features The Queen’s previous Jubilee celebration images. The coin will set you back £7, plus delivery.
Alternatively, there’s a 2022 £5 Brilliant Uncirculated Coin that ‘features the commemorative Platinum Jubilee portrait of Her Majesty The Queen on horseback’ and costs £10, plus delivery.
Unlike the 50p booklet, this one features a look through how The Queen’s coinage portraits have seen her go from a young Queen to a monarch who has reigned for 70 years.
For diehard royalists and collectors looking to splash out, the Royal Mint also released Her Majesty The Queen’s Jubilee Half-Sovereign Set.
There are just 499 available, at £1,150 each and delivery costs, and they contain three coins to mark the Queen’s Golden, Diamond and Platinum Jubilee years. The coins are Striking Standard Gold Bullion, which according to the website arebought ‘for the intrinsic value of the precious metal they contain’.
Alternatively, The Queen’s Jubilee Sovereign Set costs £1,800, plus delivery, and features three Gold Bullion coins again.
How much are the Royal Mint Platinum Jubilee coins worth?
In short, the Royal Mint’s Platinum Jubilee coins are worth no more than their face value currently.
As they are still available to purchase and came out this year, it is unlikely for them to be resold for more than their original prices.
However, some limited edition coins are known to go up in value once they are no longer available to purchase and if they mark a significant moment or occasion.
Simon Mellinger, Managing Director of rare coin specialists Hattons of London, told Metro.co.uk: ‘Royal coins have always been a popular item to commemorate milestone events for collectors and fans of the Royal family alike.
‘In our experience, people like to have a tangible piece of history that marks not only a moment in history but a memorable moment in their own lives and that is why I think collector’s items like commemorative coins are still so popular.’
While some will simply be hoping to add memorabilia from a huge moment in history to their collections, others may be hoping to make big returns on their coins.
Unfortunately, it’s too early to say how much the coins could make you one, two or 10 years down the line.
Simon explains: ‘The collectability of coins is, to a certain extent, in the eye of the collector.
‘Rarity can often have an impact on the collectability of a coin – the rarer the coin, the more sought after it will be to collectors, that’s why commemorative coins will often be struck in limited numbers.
‘But, it’s difficult to predict a future value for coins that have been minted to mark the Platinum Jubilee because there are so many contributing factors that make up a coins value – ultimately for collectors it’s often about how much the coin is worth to them personally and the significance that a certain coin holds.’
Coins can typically be worth more if they have notable defects, are incredibly rare to come by in circulation or a low mintage number.
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