The one-of-a-kind coin is worth “approximately $23 million” and is slightly wider than an NBA basketball. It is made of 8 pounds of gold and 6,426 diamonds and weighs 486 carats. The coin was forged by 83 people and is called “The Crown”.
That means the UK pays about a tenth of what it costs for the Queen’s funeral.
Although Elizabeth died on September 8, 2022, work on the coin began before her death. Behind this effort was an entity known as the East India Company. (To be clear, the company held title rights to the world’s most powerful monopoly between 1600 and 1874, but the early East India spell, Worth $7.9 trillion In modern dollars, irrelevant to current business. )
provided by the east india company
The crown coin has a large gold coin in the center surrounded by 10 smaller gold coins bearing the Queen’s likeness or descriptions of the various virtues bestowed on her by the Corporation, such as justice and courage. The back is covered with thousands of diamonds arranged in the shape of the Union Jack.
Sanjiv Mehta, chairman and chief executive of the East India Company, wrote: “Queen Elizabeth II has inspired many generations, embodying the virtues that have guided her through the past seven decades, and in this rare And these virtues are celebrated in a special tribute.” on the company website. “My idea is to start a mission to share in her achievements in an inclusive way for all British citizens and all those who are fascinated and fascinated by Queen Elizabeth II and British history.”
Valuations are based solely on the materials used to make the coins. It’s unclear what value it will have for collectors.
Svlook
