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1/2 Crown - Charles III Coronation Cypher, Gold plated

Issuer Gibraltar
Year 2023
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Value 1/2 Crown (0.125)
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Obverse description Left-facing uncrowned effigy of King Charles III after the portrait by Raphael David Maklouf, with the sovereign's titles rendered in Latin forming a continuous legend around the periphery. The denomination HALF CROWN appears below the bust, and the date 2023 is incorporated within the encircling legend. The portrait is rendered in high relief with fine detail to the facial features and neckline.
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Edge Reeded
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Additional information

Gibraltar has issued commemorative pieces tied to British royal events since the 1970s, largely because its status as a Crown dependency gives the territory both the right and the commercial incentive to do so — the collector market, not circulation, drives nearly every decision. This 2023 half crown denomination is a revival of a pre-decimal unit that ceased as legal tender in Britain in 1970, deployed here purely for its ceremonial resonance.

The gold plating on a copper-nickel substrate is a well-established commercial format for commemoratives of this kind, with longevity of the finish highly dependent on handling.

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