Last Updated on September 21, 2022 by Bitfinsider
Collectors are rushing to acquire rare coins and bills featuring the late British monarch Queen Elizabeth in the wake of her passing, despite the fact that her image will continue to appear on Commonwealth currency for many years to come.
Since the queen passed away in Scotland on September 8, coin dealers report that demand for rare-issue notes and coins has increased. Examples include a pre-World War II Canadian US$20 bill portraying Elizabeth as a toddler and Australia’s Platinum Jubilee 50-cent coin.
Both seasoned collectors and newcomers have been inquiring about commemorating the passing of Britain’s longest-reigning monarch, who, according to the Guinness Book of World Records, is depicted on a record 33 different currencies worldwide.
Limited-edition coins that were originally sold to collectors are in the highest demand. According to Hutchinson, prices are increasing as seasoned numismatists try to complete gaps in their collections and newbies join the market.
Australia’s 2013 Purple Coronation US$2 coin’s value has “shot up,” according to a video released on TikTok this week by coin expert Joel Kandiah, to up to A$180 (US$120).
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