When it comes to coins, the United States of America honors historical figures such as Abraham Lincoln, Thomas Jefferson, Franklin D. Roosevelt, George Washington, John F. Kennedy, and Sacagawea. These coins have a combined value of $1.91. However, as CNN reports, the former British Empire takes a different approach. Queen Elizabeth II now has her face on a coin made of 8 pounds of gold and 6,426 diamonds. This unique coin, named “the Crown,” was unveiled on the one-year anniversary of the queen’s death. Although it is not legal tender or practical for everyday use, the coin’s estimated value is an astonishing $23 million. (View the coin here.)
This coin sets a new world record for the most expensive coin ever sold at auction, surpassing the US “Double Eagle” that sold for $18.9 million two years ago. According to Fortune, it is truly unparalleled. The Crown was created by the East India Company, which is now a luxury lifestyle brand that holds the naming rights to the once-thriving trading company during the British Empire’s reign. The current naming rights were acquired by Indian businessman Sanjiv Mehta in 2005. Mehta states that the coin took over a year to produce and was in progress before Queen Elizabeth’s passing on September 8, 2022. Mehta adds, “The tribute that we’re making to the Queen was not about cutting corners, but celebrating a life.” (Read more Queen Elizabeth II stories.)
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