The UK's fastest-growing regional news network
16°C | 9°C
16°C | 11°C
18°C | 11°C
See the full forecast for your area.
Sponsored by Britelite.
Home Kent News Article
by business editor Trevor Sturgess
Valuable gold coins celebrating the Queen’s Diamond Jubilee are being sold to Kent customers... for £8,250.
The coins - from the UK, Australia and Canada - are in only 400 sets worldwide.
The Scoin Shop at Bluewater is thought to be the only outlet selling the exclusive Diamond Jubilee set.
It features three gold proof coins – one from each of the Royal Mints. They include a 50c coin from Australia, a $300 coin from Canada and a Diamond Jubilee £5 coin from the UK. The Canadian coin features a real diamond.
Collectors unable to meet the price tag could instead buy a three-coin silver set for the more modest sum of £299.
The Scoin Shop, which is also offering Olympic Games commemorative coins, sold more than 350 last year featuring the Duke and Duchess of Cambridge’s engagement at £1,750 each.
It has been the retailer’s fastest selling commemorative gold coin and is now valued at £3,300
Alan Demby, the Scoin Shop founder and bullion expert, said: “There is a marked upward trend in value in some commemorative and rare gold coins rather than generic bullion coins.
"This is due to their limited mintage and the event they commemorate. A Diamond Jubilee is a a rare once-in-a-lifetime opportunity for the Commonwealth and the world.”
With gold trebling in value over the past decade, he believes 15% of every investment portfolio should be gold coin.
There are 28 Scoin Shops in the UK and South Africa. The first opened in Sandton City, Johannesburg, in 1999.
Click here for more news from Kent.
Click here for more news from around the county.