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Cryptocurrency News Articles

Landmark Sale: Commemorative 50p Coin with King Charles's Portrait Fetches £2,500

Apr 16, 2024 at 01:13 am

A 50p coin featuring King Charles' portrait has sold for £2,500 on eBay, becoming the second such coin to enter circulation. The new coin differs from commemorative coronation coins unveiled earlier this year and features Westminster Abbey on its reverse side, designed by Royal Mint coin designer Natasha Jenkins. The coin's obverse side showcases the King's official coin portrait by sculptor Martin Jennings, which was unveiled in September 2022 and personally approved by His Majesty.

Landmark Sale: Commemorative 50p Coin with King Charles's Portrait Fetches £2,500

Landmark Sale of Commemorative 50p Coins Bearing King Charles's Portrait

A momentous auction on eBay has witnessed the sale of a commemorative 50p coin featuring the portrait of King Charles III for an impressive £2,500. This coin marks the second time Charles's official coin portrait has graced the 50p denomination in circulation, following the memorial 50 pence pieces released in December 2022 to mark the transition from the reign of the late Queen Elizabeth II.

The Royal Mint has confirmed that all 50p coins entering circulation will now bear the King's uncrowned portrait, distinguishing them from the commemorative coronation coins unveiled earlier this year. The obverse (heads) of the new coin showcases the King's official coin portrait, designed by renowned sculptor Martin Jennings and personally approved by His Majesty.

The reverse (tails) of the 50p features an intricate depiction of Westminster Abbey, crafted by Royal Mint coin designer Natasha Jenkins. At the heart of the design lies the King's official cypher, symbolizing his coronation at Westminster Abbey.

The sale of this exceptional coin on eBay serves as a testament to the growing demand among collectors and enthusiasts for commemorative coins featuring the new monarch. It is a significant moment in numismatic history, marking the transition to a new era of British coinage.

While the majority of 50p coins in circulation will feature the King's uncrowned portrait, special commemorative editions, such as those celebrating the coronation, may feature variations in design. Collectors are advised to keep an eye out for these unique releases, as they often hold significant value and historical significance.

The 50p coin auctioned on eBay underscores the enduring allure of commemorative coins and the fascination with the Royal Family. With the reign of King Charles III now firmly established, collectors can anticipate a steady stream of new and exciting coin releases, each telling a captivating chapter in the story of the British monarchy.

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