The worldâs first gold sovereign coins to be minted using a gold and platinum alloy – created to celebrate the Queenâs Platinum Jubilee – have sold out in record time.
Created by leading coin experts Hattons of London to mark Queen Elizabeth IIâs incredible 70 year reign, the coins feature celebratory portraits of the Queen at landmark moments throughout her seven-decade reign.
And after selling out despite being launched less than three weeks ago, the collection has gone down as the fastest-ever selling product in Hattons of Londonâs history.
Minted with an exclusive blend of 22 carat gold enriched with 2 carats of platinum, the sovereigns were a world first.
âThe Platinum Jubilee is a momentous occasion and by using an exclusive blend of 22 carat gold enriched with 2 carats of platinum, we have created a fitting tribute to the Queenâs 70 years of service to our country, that like Her Majesty, will stand the test of time.
âThe demand for the product weâve had has been phenomenal, and has far outstripped supply,â said Hattons of London MD, Simon Mellinger.
âWe expected a lot of interest in the coins, but the speed at which the collection has sold out has been unbelievable. It seems that collectors have recognised the significance of this yearâs Platinum Jubilee and have been keen to add a special piece of memorabilia to their collections,â he said.
âWhatâs been particularly interesting is that demand hasnât just been from coin collectors – there’s been a much wider appeal from the general public, who also want them as a commemoration of this important, and maybe never-to-be repeated, Royal anniversary.â
The coins feature portraits of Her Majesty which had never before featured on sovereign coins, including images of the Queen’s 1952 Coronation, her Silver and Diamond Jubilees, as well as a portrait of Her Majesty around the time of her becoming our longest reigning monarch in 2015.
The design on the smallest denomination in the range, the one-eighth sovereign, features the royal cypher of Elizabeth II with a celebratory garland of roses, thistles, leeks and shamrocks to represent the nations of the United Kingdom. This garlanded-cypher also features on each of the other coins in the series.
Mr Mellinger said there were plans for an additional Platinum Jubilee collection later this year.
âWe normally only bring out one limited collection to celebrate a milestone event or anniversary, but given the interest and the significance of the occasion, weâre currently considering adding to our Platinum Jubilee range with a new collection this year,â he added.
Hattons of London is a leading expert in rare and exclusive coins with a vast collection which includes the Queen Victoria 200th anniversary range, featuring the first 24 carat gold twenty pound sovereign.
Help keep news FREE for our readers
Supporting your local community newspaper/online news outlet is crucial now more than ever. If you believe in independent journalism, then consider making a valuable contribution by making a one-time or monthly donation. We operate in rural areas where providing unbiased news can be challenging. Read More About Supporting The West Wales Chronicle