KING CHARLES III 2024 MAUNDY COIN PLANS

 

Every year in the UK a Maundy Service occurs on the Thursday before Easter and each year, the British Monarch distributes silver coins to chosen men and women.

Early in her reign, Queen Elizabeth II decided that the money should not just be handed out in London and every year she travelled to a different Cathedral for the service.

During the service, the Sovereign distributes gifts according to the number of years they have lived with the same number going to both men and women.

Last year, King Charles III arrived at York Minster to distribute the first Maundy Coins of his reign and each of the 74 men and 74 women received two purses, one purse made from white leather, holding coins to the value in pence of King Charles III's age. The other purse is made from red leather, containing a £5 and 50p.

Those produced are in denominations of 1p, 2p, 3p and 4p and although legal tender are not expected to be used although there is a significant collector market for these coins and sets of just four coins tend to sell for around £250.

This year, assuming that King Charles III is fit enough to take part in the Maundy Service, the number of recipients will be 75 rather than 74 of each sex and if he can't attend then it is expected that the Prince of Wales will stand in for him.

To read the complete article, see:
Maundy Money issued by British Monarch (https://euroweeklynews.com/2024/02/26/maundy-money-issued-by-british-monarch/)

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