Are you a collector or investor looking for the next best thing to add to your portfolio? If yes, you might want to hear about the latest King Charles Iii coin.
Following the passing of Queen Elizabeth II, her son Prince Charles became King Charles III, King of England. His portrait is now ready for use on British coins, with the Royal Mint announcing the release of the first ever bullion coin range to have the first coinage portrait of King Charles III.
The 2023 Britannia series now includes the 2023 1oz Gold Britannia King Charles III, 2023 1 oz Britannia King Charles III Ten Coin Tube, Britannia 2023 1/10 oz Platinum Bullion Twenty-Five Coin Tube, Britannia 2023 Kilo Silver Bullion Coin (King Charles III), among other bullions.
That said, let’s take a closer look at everything you need to know about the 2023 King Charles Coin:
- 37th Offering of the British Gold Britannia Coins
The King Charles Coin III marks the 37th offering of the British Gold Britannia Coins, a premium series of coins made by the Royal Mint in the UK. This specific edition is especially significant at this time because it pays homage to the reigning monarch, King Charles III.
- It’s the 1st Release with a Portrait of King Charles III
As mentioned, King Charles III ascended to the throne upon his mother’s, Queen Elizabeth II’s, passing in September 2022. With his ascension to the top of the monarch, his portrait became ready for use on British coins for the first time in history.
- Contains 1 Troy Oz of Pure .9999 Gold
The King Charles Coin contains one troy ounce of pure .9999 gold, indicating that the coin is made of 99.99% pure gold. With this level of purity, this coin attains the highest standard in gold coinage, as it shows that it is not laced with impurities and other metals.
Because of this high purity, this coin is an excellent investment. It is a perfect way to store value and hedge against economic downturns.
- Face Value Of 100 Great British Sterling
Although the King Charles Coin contains one troy ounce of pure .9999 gold, it’s face value is £100 Sas you’ll find inscribed on the obverse side. What does this mean? The face value is assigned by the government upon minting. However, it is not usually the actual value in the market.
- The Obverse Features King Charles III
The obverse side of the coin bears a right-facing portrait of King Charles III. It also features the inscription ‘King Charles III D.G. REX. F.D’ and ‘100 Pounds.’ All Britannia Coins feature the reigning monarch on the obverse.
- The Reverse Depicts Britannia
On the reverse side of the coin, there is an image of Britannia wielding a shield and trident. You also will see the words ‘Britannia,’ ‘2023,’ ‘1 Oz,’ and ‘999.9 Fine Gold’ inscribed.
In Conclusion
If you are an investor or collector looking for the newest precious metal asset in 2023, the King Charles coin is an excellent pick. Besides allowing you to own the inaugural coin bearing the reigning monarch’s portrait, you get to hedge your investment against economic uncertainties. So, take your investment game to the next level with the King Charles coin.
