The world’s first gold sovereign coins to be minted using a gold and platinum alloy – created to celebrate the Queen’s Platinum Jubilee – have sold out in record time.
Created by leading coin experts Hattons of London to mark Queen Elizabeth II’s 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 London’s history.
Minted with an exclusive blend of 22 carat gold enriched with 2 carats of platinum, the sovereigns were a world first.
Hattons of London MD, Simon Mellinger, said: “The 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 Queen’s 70 years of service to our country, that like Her Majesty, will stand the test of time.
“The demand for the product we’ve had has been phenomenal, and has far outstripped supply.
“We 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 year’s Platinum Jubilee and have been keen to add a special piece of memorabilia to their collections.
“What’s been particularly interesting is that demand hasn’t 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.”
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.
“We normally only bring out one limited collection to celebrate a milestone event or anniversary, but given the interest and the significance of the occasion, we’re currently considering adding to our Platinum Jubilee range with a new collection this year,” 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.