The Royal Engagement Alderey £5 CoinThe Royal Mint has revealed its new limited-edition £5 coin with the supposed likeness of Prince William and his bride-to-be, Kate Middleton. You can pay from £10 ($16.30) for a cupro-nickel coin up to and between £1,550 ($2480) for the solid gold coin. Will future value of these coins be affected by the likeness of the images to the Prince and his betrothed?
The island of Alderny, the largest of the British Channel Islands, has issued the 'Royal Engagement Alderny £5 Coin as a commemorative piece, as it has on many momentous royal occasions in history, but this is the first time that a royal engagement is being celebrated on a collector's coin.
The images of Prince William and Ms. Middleton, designed by Matthew Bonaccorsi, head of design at the Royal Mint, appear on one side of the coin and, it is reported, the Brits are not overjoyed with the images. The reverse side of the coin, however, shows an excellent likeness of the Prince's grandmother, Queen Elizabeth II. Ian Rank-Broadley, a British sculptor, formerly won a Royal Mint competition for his artistic rendition of the Queen.
Below is the highly polished cupro-nickel edition of the 1.5 inch coin selling for £10, which comes in a commemorative presentation folder. Only 50,000 of these are being issued.
The Royal Engagement Alderey £5 Coin - cupro-nickel edition: © The Royal Mint
Yet more precious is the sterling silver edition of the Royal Engagement coin, the Alderly £5 sterling silver. Only 15,000 of these are being issued at a purchase price of £55.50 ($90); the coin weighs about an once in silver.
The Royal Engagement Alderey £5 Coin - sterling silver edition
At £85 ($140) comes a solid sterling silver Engagement Coin plated in pure gold. (The Mint does not offer information about the number of these coins that are being struck, but it is probably less than the 15,000 struck on the sterling silver coins.)
The Royal Engagement Alderey £5 Coin - gold-plated solid silver coin: © The Royal Mint
And only 1,000 of the solid gold Royal Engagement coins are being issued, weighing in at 1.41 ounces each. They are selling for £1,550 ($2480).
The Royal Engagement Alderey £5 Coin - 22k gold edition
If you're a coin collector and you have a sense that these might be valuable, for whatever reason, or if you're just a soppy old romantic, better get to The Royal Mint right now to order your coins. They may not be available yet, but you sure can reserve them with a credit card payment!
UKPA, The Royal Mint, Wikipedia