The gifts are given in two purses. The white one holds Maundy money in the one, two, three and four pence denominations. There one pence for each year of the monarch's life. A red purse contains £5 and a 50 p coin. The modern Maundy coins do not circulate because their silver value exceeds their face value. Each coin has the portrait of the monarch on the obverse. and the value 1, 2, 3 or 4 partially surrounded by a wreath, the date and a crown on the reverse. These coins are highly prized by many collectors. I have only two sets of Maundy coins which are included in coronation sets. The first a 1902 Edward VII "short set." This set goes up the the half sovereign and sovereign gold coins. The full set includes the two and five pound gold pieces. These coins are Matte Proofs. The exterior of the box. My other set was issued for George VI in 1937. I know that some of you have some Maundy sets and would like to share them.