Coin | Silver Kilo 2023 King Charles III Coronation |
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Like many other mints, the Royal Mint issues bullion coins in precious metals, having much higher intrinsic value than their face value. Most of these by tradition are measured in troy ounces of fractions thereof, but the mint also introduced metric coins measuring one kilogram of pure metal (they are actually fractionally heavier as a whole, to account for the small amount of other metal in the alloy).
The 1 kg silver coins are denominated as Five Hundred Pounds (£500), although their intrinsic (bullion) value is much higher than their face value. The coins vary in design depending on the occasion (they are "one-year" types usually issued in parallel with smaller denominations with the same reverse designs).
The coins are legal tender but are not intended for circulation. They are targeted at bullion investors or collectors who appreciate the special editions as pieces of art.
This coin was released on 24 April 2023 as part of a commemorative range celebrating the upcoming Coronation of His Majesty King Charles III at Westminster Abbey on 6 May 2023. Its obverse features a crowned version of the King's first definitive effigy, developed specially for this commemorative range.
The coronation of King Charles III was the first such event in the United Kingdom and the Commonwealth (most countries of which share the same monarch) in 70 years; the previous coronation was in 1953 for Queen Elizabeth II, the mother of Charles III. |
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Obverse | |
The obverse of the coin displays a crowned version of the first definitive portrait of King Charles III, which shows his crowned head facing left. On this portrait, the King wears the Tudor Crown - which was destroyed in the 1640s, but occasionally features on the effigies of British monarchs nevertheless.
Below the neck truncation in tiny letters, the artist's initials MJ (for Martin Jennings).
Around, the monarch's legend followed by the face value and date of issue: CHARLES III · D · G · REX · F · D · 500 POUNDS · 2023 ·. Translated from Latin, the legend means: Charles the Third, by the Grace of God, King, Defender of the Faith. |
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Reverse | |
At centre, the reverse of the coin depicts the ornate Royal Arms of the United Kingdom on an oval shield, crowned with the Tudor Crown.
The standard variant (used outside of Scotland) has the shield quartered, depicting in the first and fourth quarters the three passant guardant lions of England; in the second, the rampant lion and double tressure flory-counterflory of Scotland; and in the third, a harp for Ireland.
The shield is surrounded by the Garter circlet (of the Order of the Garter), inscribed with the Order's motto in old French, HONI · SOIT · QUI MAL · Y · PENSE (Shame on him who thinks evil).
In the background, flora decorations incorporating the floral emblems of the four constituent parts of the United Kingdom: a rose for England, a thistle for Scotland, a daffodil for Wales, and a shamrock for Northern Ireland.
In a circle on the left, the monarch's cypher C III R (abbreviated from Charles III Rex - meaning in Latin "Charles the Third, King"), also crowned with the Tudor Crown. In a circle on the right, three intertwined letters C, for "Charles III", in a manner similar to the one C for Charles I and two intertwined Cs for Charles II, on the respective coinages of the king's predecessors.
Around the rim, the inscription · THE CORONATION OF KING CHARLES III 6 MAY 2023 ·. |
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Reverse Inscription |
· THE CORONATION OF KING CHARLES III 6 MAY 2023 · |
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Edge | Milled | Edge Inscription | None |
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Notes | Finish: Proof FDC. Packaging: in mahogany presentation box, with a numbered Certificate of Authenticity. Limited Edition (boxed): 200. Maximum Coin Mintage: 202. Royal Mint Product Code: UK23KCS1K. Release date: 24 April 2023. Issue price: £2,390.00 |
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See also |
Coins issued to mark the Coronation of King Charles III (ordered by metal / size / country): - 1 kg Gold, Coronation of King Charles III (crowned portrait), Malta 2023 - 1 kg Gold, King Charles III Coronation (Royal Arms), crowned effigy, United Kingdom 2023 - 5 oz Gold, Coronation of King Charles III (crowned portrait), Malta 2023 - 5 oz Gold, King Charles III Coronation (Royal Arms), crowned effigy, United Kingdom 2023 - 2 oz Gold, Coronation of King Charles III (crowned portrait), Malta 2023 - 2 oz Gold, King Charles III Coronation (portrait in uniform), New Zealand 2023 - 2 oz Gold, King Charles III Coronation (Royal Arms), crowned effigy, United Kingdom 2023 - Gold Five Guineas (42 g), King Charles III Coronation (Royal Arms), Saint Helena 2023 - Five Sovereigns (39.94 g), Coronation (Royal Coat of Arms), Saint Helena 2023 - Five Sovereigns (39.94 g), Coronation (St George and Dragon), crowned effigy, UK 2023 - 1 oz Gold, Coronation of King Charles III (crowned portrait), Malta 2023 - 1 oz Gold, King Charles III Coronation (St Edward's Crown), New Zealand 2023 - 1 oz Gold, King Charles III Coronation (St Edward's Crown), Niue 2023 - 1 oz Gold, King Charles III Coronation (King with regalia), Niue 2023 - 1 oz Gold Bullion, Coronation Britannia (Standing Britannia), crowned effigy, UK 2023 - 1 oz Gold Bullion, King Charles Coronation (Royal Cypher), crowned effigy, UK 2023 - 1 oz Gold, King Charles III Coronation (Royal Arms), crowned effigy, UK 2023 - Gold Two Guineas (16.8 g), King Charles III Coronation (Royal Arms), Saint Helena 2023 - Double Sovereign (15.98 g), Coronation (Royal Coat of Arms), Saint Helena 2023 - Double Sovereign (15.98 g), Coronation (St George and Dragon), crowned effigy, UK 2023 - Gold Guinea (8.4 g), King Charles III Coronation (Royal Arms), Saint Helena 2023 - Gold Sovereign (7.98 g), Coronation (Royal Coat of Arms), Saint Helena 2023 - Gold Sovereign (7.98 g), Coronation (Saint George and Dragon), crowned effigy, UK 2023 - 1/4 oz Gold, King Charles III Coronation (St Edward's Crown), New Zealand 2023 - 1/4 oz Gold Bullion, King Charles Coronation (Royal Cypher), crowned effigy, UK 2023 - 1/4 oz Gold, King Charles III Coronation (Royal Arms), crowned effigy, United Kingdom 2023 - Gold Half Guinea (4.2 g), King Charles III Coronation (Royal Arms), Saint Helena 2023 - Half Sovereign (3.99 g), Coronation (Royal Coat of Arms), Saint Helena 2023 - Half Sovereign (3.99 g), Coronation (Saint George and Dragon), crowned effigy, UK 2023 - 1/10 oz Gold Bullion, King Charles Coronation (Royal Cypher), crowned effigy, UK 2023 - Gold Quarter Guinea (2.1 g), King Charles III Coronation (Royal Arms), Saint Helena 2023 - Quarter Sovereign (2 g), Coronation (Royal Coat of Arms), Saint Helena 2023 - Quarter Sovereign (2 g), Coronation (Saint George and Dragon), crowned effigy, UK 2023 - 1/40 oz Gold, King Charles III Coronation (Royal Arms), crowned effigy, United Kingdom 2023 - 0.5 g Gold Proof, King Charles III Coronation (portraits of King and Queen Consort), Congo DR - 0.5 g Gold, King Charles III Coronation (Royal Cypher), New Zealand 2023 - 0.5 g Gold, King Charles III Coronation (Coronation Emblem), Samoa 2023 - 1 kg Silver gilded shaped, King Charles III Coronation (St Edward's Crown), Samoa 2023 - 1 kg Silver, King Charles III Coronation (Royal Arms), crowned effigy, United Kingdom 2023 - 5 oz Silver, King Charles III Coronation (coloured portrait in uniform), New Zealand 2023 - 5 oz Silver, King Charles III Coronation (Royal Arms), crowned effigy, United Kingdom 2023 - 2 oz Silver, Coronation of King Charles III (crowned portrait), Malta 2023 - 2 oz Silver, King Charles III Coronation (Royal Arms), crowned effigy, United Kingdom 2023 - 1 oz Silver, King Charles III Coronation (portraits of King and Queen Consort), Cameroon - 1 oz Silver, King Charles III Coronation (coloured portrait in suit), New Zealand 2023 - 1 oz Silver, King Charles III Coronation (St Edward's Crown), Niue 2023 - 1 oz Silver, King Charles III Coronation (King with regalia), Niue 2023 - 1 oz Silver Bullion, Coronation Britannia (Standing Britannia), crowned effigy, UK 2023 - 1 oz Silver Bullion, King Charles Coronation (Royal Cypher), crowned effigy, UK 2023 - 1 oz Silver, King Charles III Coronation (Royal Arms), crowned effigy, United Kingdom 2023 - £5 Copper-Nickel / silver / gold, Coronation (St Edward's Crown), crowned effigy, UK 2023 - 50p Copper-Nickel / gold / silver, Coronation (Royal Cypher), bare head effigy, UK 2023 - 50p Copper-Nickel / silver / gold, Coronation (Royal Cypher), crowned effigy, UK 2023 - Quarter Dollar, King Charles III Coronation (coloured portrait in uniform), Barbados 2023
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