Has anyone else thought that the value of coins with Queen Elizabeth on them will go up when she dies? I think people will hoard them and be in no hurry to get King Charles coins. Although King Charles coins could be valuable. He is already 62 now. How many years of ruling will he have?
I have several Canadian coins with Queen Elizabeth on them. I haven't thought anything about them, but that would be interesting. Another thing I find really neat about these is seeing how she ages through the years in the coins design.
The general assumption is that he's going to take the name King George VII, not Charles III (His full name is Charles Philip Arthur George) though I guess it's not certain until it actually happens. Elizabeth's father, George VI, was always known as "Albert" -- Albert Frederick Arthur George -- until becoming king, for example. But yeah, he's already one of (or the?) oldest heirs. So he may indeed not be on the throne long.
I'm pretty sure that Prince Charles has been heir apparent for longer than anyone else in Commonwealth history. Previously that was Edward VII who was 59 when he succeeded his mother, Queen Victoria. He only reigned for a little over 9 years and died at age 68. Queen Elizabeth II has now outlived Queen Victoria. Victoria reigned almost 64 years but Lizzy is closing in on that one too with about 58 1/2 years in the big chair. As for QEII coins becoming valuable, consider the immense number of coins issued by various countries throughout the world with her official effigy over the last 60 years. This includes counties that are now republics and no longer use her effigy (e.g. South AFrica). QEII coins certainly will be far from rare. It would be like saying any old beat up US wheat cent is rare. I'm sure there will be differences in value as far as country of issue, which effigy was used, denomination, year, etc. but there's already a lot of that now. The various commemorative coins issued with her as a theme (anniversaries of her coronation, birthday, etc). may rise in value but I don't know that. When she does pass away, I suspect there will be many special commemorative coin issues throughout the world dedicated to her memory and they will sell out in about 5 minutes. People might just hoard away the first coins with Charles (whatever he goes by). It will be weird to see shiny new coins issued with somebody other than QEII.
At some point they will definitely carry a premium but unless the coin is very old, like the first issue she was on and is in unc condition, chances are it will be a very long time before they become truly valuable. Of course, when she drops, we grab and hoard or sell for the big money!!:devil:
Queen Elizabeth seems to have lived forever and is still going strong. I wonder how many total coins she has been on. The figure must be staggering. I have never even thought of the possibility of how her death might impact the value of these coins. If Charles ever gets to be king, it may be just for a very short time. I can imagine may countries honoring Queen Elizabeth with coins after he death as well. TC
The very early issues of Elizabeth II may increase in value slightly shortly after her death - collector type silver coins that may or may not be slightly less than common as dirt. The rest of her coinage, especially post-decimal, will never increase in value. They mint these coins by the billions people - the two factors of price are supply and demand. The demand might go up slightly, but supply is so overwhelmingly huge that they will never be worth much more than face. Now, if you want to talk about King Charles, however, I can help with that:
Charles will probably have a pretty short reign. Remember the Queen's mother lasted past 100 and was pretty spry up until the last year or two. Elizabeth may last another 20 years.
