Coin | Silver Ounce 2023 King Charles III Coronation, Bullion |
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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. The one ounce (1 oz) silver coins are denominated as either two pounds (£2) or five pounds (£5), depending on the occasion.
Initially, these were only of the Britannia type, but in 2015 the Royal Mint started to use the format for coins with other types of reverse designs, celebrating various aspects of British heritage.
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 bullion coin is a special limited issue celebrating the coronation of King Charles III, and features his royal cypher on the reverse and his crowned portrait on the obverse instead of the usual bare-headed (uncrowned) regular effigy. |
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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 · 2 POUNDS · 2023 ·. Translated from Latin, the legend means: Charles the Third, by the Grace of God, King, Defender of the Faith.
The obverse has a textured background ("guilloche" geometric pattern). The rim is plain. |
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Reverse | |
At centre, the reverse of the coin displays the Royal Cypher of King Charles III - the letters CR, with the Latin numeral III within the R; "C III R" is abbreviated from Charles III Rex, which means (in Latin) Charles the Third, King.
The cypher is surrounded by a wreath of olive branches, and is crowned with the Tudor Crown.
Interrupted by the crown, around the rim in large letters is the inscription THE CORONATION OF KING CHARLES III 6 MAY 2023.
The same inscription is repeated four times in micro-print nearer the rim, followed by the precious metal content: 1 OZ FINE SILVER 999 (one troy ounce of 99.9% silver).
The designer's initials JB (for John Bergdahl) are below right, opposite the O in OF. |
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Reverse Inscription |
C III R THE CORONATION OF KING CHARLES III 6 MAY 2023 |
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Edge | Milled | Edge Inscription | None |
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Notes | Silver content (Troy oz): 1.000 Finish: bullion (Brilliant Uncirculated). Packaging: in coin capsule. Royal Mint Product Code: BKCC23S1. Release date: 29 June 2023. Release price: £28.73. |
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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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