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UK Royal Mint releases platinum coin range ahead of King Charles' coronation

The obverse of a platinum coin carrying the portrait of the UK's King Charles

Photo by WPIC

The reverse of a 1 oz platinum coin range minted by the UK Royal Mint

Photo by WPIC

3rd May 2023

By: Creamer Media Reporter

     

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Ahead of the coronation of King Charles III on May 6, the UK Royal Mint has released its 2023 Britannia platinum bullion coin range, carrying the first coinage portrait of the king.

The range includes two platinum bullion coins, a 1 oz coin and a 1/10 oz coin. Both are struck in 999.5 fine platinum to the Royal Mint’s bullion standard, with face values of £100 and £10, respectively.

“We are really excited to be adding these 2023 Britannia platinum bullion coins to our investment range. The inclusion of the first coinage portrait of His Majesty King Charles III on the obverse of each Britannia platinum bullion coin for the first time also adds a further point of interest, marking an iconic moment in modern British history," comments Royal Mint divisional director of precious metals Andrew Dickey.

The World Platinum Investment Council points out that Britannia, which first appeared on the coins of the Roman Emperor Hadrian, has been a continuous presence on British coins since 1672, during the reign of Charles II.

The 2023 incarnation of Britannia was created by sculptor Philip Nathan in 1987. This interpretation comprises carefully chosen symbols – a shield for protection, an olive branch for peace and a trident for Britannia’s connection to the sea.

 

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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