Demand for King Charles III Coins reaches across the pond
Since the passing of Queen Elizabeth II in September 2022, there’s been a huge shake up in the numismatic world. Not only have collectors been rushing to secure the very last coins featuring Queen Elizabeth II, but wanting to be the first to own new coins bearing King Charles III’s effigy.
But UK collectors aren’t the only ones wanting to collect new King Charles III coins…
A recent survey carried out by The Royal Mint revealed that coin collectors in the United States are interested in collecting new UK commemorative coins. Coin collectors in the US said their attitude to UK coins is changing as a new British monarch takes to the throne.
- 21% of US coin collectors said they see the start of King Charles III’s reign as an opportunity to begin collecting UK commemorative coins.
- 44% of US coin collectors already purchase UK commemorative coins.
- 54% of US collectors of UK commemorative coins say they plan to increase their UK commemorative coin spend in 2023.
- 76% of US collectors of UK commemorative coins have a positive view of King Charles III. This rose to 81% among a younger audience.
The Head of International Marketing at The Royal Mint, Josh Nesfield, said: “This new research shows growing appetite among US collectors for UK commemorative coins and how the change in UK monarchy is creating new coin interests for US Coin Collector. For years, The Royal Mint has supported US coin collectors as they build their UK commemorative coin collections. We are delighted that more collectors plan to start building their UK coin collections.”
What does this mean for UK collectors?
This encouraging research highlights a continued appetite for UK coins among US numismatists, with it undeniably increasing in line with the new monarchy. The increasing excitement among US collectors means that demand for new UK coins will be at an all time high, especially during the lead up to King Charles III’s coronation.
Considering this, collectors will want to act fast to make sure they don’t miss out on owning these significant issues. Especially as demand is sure to increase in years to come.
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Has the King Charles III 50p coin (without his crown) been released in general circulation yet?
Hi Kenneth, the Coronation 50ps haven’t entered circulation yet but we’ll keep you updated!