One kilo coin worth more than its weight in gold could fetch £125,000 at auction

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One kilo coin worth more than its weight in gold could fetch £125,000 at auction
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The coin - which dwarfs a £1 piece - was made to commemorate Queen Elizabeth II passing Queen Victoria as the nation's longest-reigning monarch.

This 24-carat coin is more than worth its weight in gold - with it expected to sell for up to a staggering £125k at auction. The one-kilo coin - one of only 15 made by the Royal Mint - has an official denomination of £1,000. But experts at Hansons Auctioneers believe it will sell for between £100,000 and £125,000 next week.

"It was made to celebrate the Longest Reigning Monarch in the history of United Kingdom - on September 9, 2015 Queen Elizabeth II had ruled for more than 63 years and 216 days surpassing Queen Victoria's time on the throne. "It's so scarce examples of this particular coin virtually never come to market. For a keen coin collector with deep pockets it's an extremely rare opportunity.

"The reverse of the coin is also interesting. It displays five portraits of Queen Elizabeth II which have been used on UK coins in a time-line. For any fan of royalty it's an exceptional souvenir.

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