'World's most expensive coin' unveiled in honour of Queen Elizabeth II

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'World's most expensive coin' unveiled in honour of Queen Elizabeth II
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It is described as a '16-month labour of love' by craftsmen from across the Commonwealth, and is one that 'many thought was not possible due to the scale of the project and the global shortage of diamonds as a result of the pandemic'.

Made with almost 4kg of gold and more than 6,426 diamonds, a new coin has been unveiled in honour of the late Queen - and may be among the most valuable of all time.

The creator of the luxury object called The Crown - the East India Company - has valued it at more than £23m.It is described as a"16-month labour of love" by craftsmen from across the Commonwealth, and is one that"many thought was not possible due to the scale of the project and the global shortage of diamonds as a result of the pandemic".

The current world record for the most expensive coin is a rare"double Eagle" gold coin that sold for £15.17m at auction in 2021. It is not known if The Crown will go up for sale. The coin is the size of a basketball and features a series of portraits of the late monarch by renowned portrait artists Mary Gillick, Arnold Machin, Raphael Maklouf, and Ian Rank-Broadley. A further portrait by Jody Clark is used on the reverse side of the centrepiece coin.

"The Crown was meticulously handcrafted: the diamonds were painstakingly cut and individually placed to fit seamlessly within the design, while two distinct settings were used to mirror the flowing fabric of the British Union Jack," the East India Company said.

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