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The Royal Mint expanding in the US with commemorative coin deal

The Llantrisant-based Mint said the move will generate an extra £100m in revenues in three years

The Royal Mint.(Image: PA Archive/PA Images)

The Royal Mint has struck a deal to expand its commemorative coin business into the US, in a move it says will bring in an extra £100m over the next three years.

The company, which is owned by the Treasury, will send coins made in the º£½ÇÊÓÆµ to the Rare Coin Company of America (RARCOA), a distribution group, which will sell them.

Since 2022, the Llantrisant-based Royal Mint has seen its US customer base more than double, it said, and has sold more than 17,000 silver coins to American buyers.

It said coins relating to the royal family, as well as novelty coins depicting fictional series such as Star Wars and Harry Potter, were particularly popular.

The Mint has also produced coins themed around Ian Fleming’s James Bond series, the Chinese Lunar New Year and CS Lewis’ novel The Lion, The Witch and The Wardrobe.

Rebecca Morgan, director of commemorative coin at the Royal Mint, said: “From royalty to Harry Potter, our coins celebrate the milestone moments and cultural icons that make Britain famous around the world.

“All our coin collections are made in the º£½ÇÊÓÆµ and British craftsmanship continues to have strong appeal internationally.

“Recent collections celebrating the coronation, Star Wars and Liberty and Britannia have seen increased demand from US collectors and we expect this to grow over coming years.