International News
Stanley Gibbons Baldwin’s to Auction $4M ‘Crown Coin’ Honouring Queen Elizabeth II’s Platinum Jubilee
The Crown Coin stands as a fusion of history, artistry, and royal symbolism—positioned to become a landmark piece in the world of numismatics.
Stanley Gibbons Baldwin’s is set to auction a spectacular commemorative coin, The Crown Coin, at its upcoming London sale on September 25. Valued at up to GBP 3 million (approximately $4 million), the coin celebrates Queen Elizabeth II’s historic Platinum Jubilee in a dazzling display of craftsmanship and royal heritage.
Crafted from 24-karat gold and adorned with 6,426 GIA-certified diamonds totaling 483.57 carats, the coin is a one-of-a-kind piece. At its core lies a 1-kilogram gold coin bearing a face value of GBP 10,000 ($13,644), legally recognized as tender. Surrounding it are ten 28-gram coins, each featuring official portraits from Queen Elizabeth II’s reign and representations of the Queen’s Virtues, inspired by the Victoria Memorial.
The design also incorporates intricate motifs from the queen’s tiaras, and the obverse showcases a gold and diamond-encrusted Union Jack. The entire piece weighs 3.61 kilograms and spans 235 millimeters in diameter.
Commissioned by The East India Company—a name steeped in over 400 years of royal association—the coin reflects a legacy that began with Queen Elizabeth I’s royal charter in 1600. By 1677, King Charles II granted the company the rare right to mint its own coinage, and in 1835, King William IV allowed the use of the monarch’s effigy—traditions that continue to echo in this extraordinary creation.
International News
Hopes for New Government data lifts precious metals prices AUGMONT BULLION REPORT
- Gold and Silver continued to rise, reaching a close to three-week high, supported by indications that the U.S. government shutdown was coming to an end and rising anticipation of another December interest rate cut by the U.S. Federal Reserve.
- Late on Monday, the U.S. Senate ended the longest shutdown with a compromise that would return federal funds to the United States. It would include three full-year appropriations measures and would finance the government until January 30 if the Senate passes the bill. It would then need to be approved by the House of Representatives and sent to President Donald Trump, a process that might take several days.
- Amid concerns about the economic consequences of the longest-ever U.S. government shutdown, consumer sentiment in the United States declined to a 3-1/2-year low in early November.
Technical Triggers
- Gold prices have achieved the target of $4150 (~Rs 125,000). Prices are expected to consolidate here for a while, before moving higher.
- Silver prices have achieved the target of $50.80 (~Rs 155,000). Prices are expected to consolidate here for a while, before moving higher.
Support and Resistance
| Category | Support Level | Resistance Level |
|---|---|---|
| International Gold | $4000/oz | $4200/oz |
| Indian Gold | ₹122,000/10 gm | ₹126,000/10 gm |
| International Silver | $48/oz | $51/oz |
| Indian Silver | ₹149,000/kg | ₹156,000/kg |
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