Luxury lifestyle brand, East India Company, have unveiled a commemorative coin to mark the first anniversary of Queen Elizabeth II’s death. Dubbed ‘The Crown’, the coin took over a year to produce, meaning that it was actually underway beforehand.
Made from almost 8 pounds of gold and 6,426 diamonds, the coin is more than likely to be among the most valuable coins of all time. The current Guinness World Record for the most expensive coin ever to sell at auction is held by a rare 1933 US “Double Eagle” that sold for $18.9 million at Sotheby’s in New York in June 2021.
Leading diamond experts at UK retailer Steven Stone have taken a close look at the coin, revealing everything there is to know.
The design of the coin comprises almost a dozen 24ct coins, nestled in beds of diamonds.
The center coin weighs over 2 pounds, while the smaller ones that surround it each weigh 1 ounce and feature either portraits of the late monarch or depictions of virtues – including truth, justice and courage.
When the coin is flipped over, you can see that the other side features thousands of diamonds, all arranged to resemble the UK’s flag.
The total diameter of the coin is over 9.6 inches, which makes the huge piece wider than an NBA-regulation basketball. It goes without saying that it isn’t legal tender!
East India Company valued the coin that took over one year to produce at a staggering $23 million, which is a similar amount to what was Queen Elizabeth II’s second most valuable brooch –The Williamson Diamond Brooch, which features one of the rarest flawless pink diamonds in the world.
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