2023 King Charles III Coronation Struck on the Day Sovereign NGC MS70 Matte First Releases
£2,995.00
The 2023 King Charles III Coronation Struck on the Day Sovereign was struck by The Royal Mint on 6 May 2023 – the actual day of His Majesty King Charles III’s Coronation – and issued in a highly limited presentation of just 1,250 coins.
Distinguished by its special fully frosted matte finish, the coin features Martin Jennings’ historic crowned portrait of King Charles III wearing the Tudor Crown, paired with Benedetto Pistrucci’s classic St George and the Dragon reverse.
This particular example is independently certified NGC MS70 Matte First Releases – the highest numerical Mint State grade – with an NGC MS70 Matte population of 60 and none graded higher at the time of checking, placing it at Top Pop.
1 in stock
Description
2023 King Charles III Coronation Struck on the Day Sovereign NGC MS70 Matte
The 2023 Coronation Struck on the Day Sovereign is a particularly significant modern Sovereign because its connection to the Coronation goes beyond its design.
It was actually struck by The Royal Mint on:
6 May 2023
the day King Charles III was crowned at Westminster Abbey.
The Royal Mint describes the coin as a Celebration Sovereign struck at The Royal Mint on the day of this historic occasion.
Unlike the regular 2023 Coronation Sovereign issues, this special Struck on the Day edition received a distinctive:
Fully Frosted Matte Finish
The Royal Mint specifically confirms that the Sovereign struck on Coronation Day was given this fully frosted finish.
The coin also features the special crowned coinage portrait of King Charles III by Martin Jennings, paired with Benedetto Pistrucci’s St George and the Dragon.
Production was limited to just:
1,250 coins
making this a highly specific Coronation-day issue rather than simply another 2023 Sovereign.
This particular example has subsequently been independently authenticated and certified by Numismatic Guaranty Company (NGC) as:
MS70 MATTE
with the additional:
FIRST RELEASES
designation.
At the time of checking on 30 August 2026, the NGC certification evidence supplied for this exact issue records:
NGC MS70 Matte Population: 60
Higher Grades: 0
NGC Top Pop
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Why This Coin Stands Out
- Actually struck on 6 May 2023 – Coronation Day
- Special Struck on the Day Sovereign
- Issue limited to just 1,250 coins
- Distinctive fully frosted matte finish
- Special crowned portrait of King Charles III
- Crowned portrait designed by Martin Jennings
- Benedetto Pistrucci’s St George and the Dragon
- Traditional 22-carat Sovereign gold
- Certified NGC MS70 Matte
- Highest numerical Mint State grade
- First Releases designation
- NGC MS70 Matte population of 60
- 0 graded higher
- NGC Top Pop
- Produced by The Royal Mint
The combination of an actual Coronation-day strike, a 1,250-coin issue, special matte finish and MS70 Top Pop certification gives this particular Sovereign several separate points of historical and numismatic significance.
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Specifications
Year: 2023
Country of Issue: United Kingdom
Issuer: The Royal Mint
Denomination: Sovereign
Issue: King Charles III Coronation – Struck on the Day
Actual Strike Date: 6 May 2023
Metal: Gold
Fineness: 916.7 / 22 Carat
Weight: Approximately 7.98g
Fine Gold Content: Approximately 0.2354 Troy Ounce
Diameter: 22.05mm
Quality: Brilliant Uncirculated
Finish: Fully Frosted / Matte
Issue Limit: 1,250
Reverse: St George and the Dragon
Reverse Designer: Benedetto Pistrucci
Obverse: Crowned King Charles III
Obverse Designer: Martin Jennings
Grading Company: NGC
Grade: MS70 Matte
Designation: First Releases
NGC MS70 Matte Population: 60
Higher Grades: 0
NGC Status: Top Pop
Population Checked: 30 August 2026
The Royal Mint confirms the Sovereign’s 22.05mm diameter, traditional 22-carat / 916.67 gold specification, Martin Jennings obverse and Benedetto Pistrucci reverse for the 2023 Coronation Sovereign family.
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Struck on Coronation Day – 6 May 2023
This is the defining characteristic of the coin.
The Sovereign was not merely issued to commemorate the Coronation.
It was:
actually struck at The Royal Mint on 6 May 2023
the same day His Majesty King Charles III was crowned.
The Royal Mint explicitly describes the release as a:
Celebration Sovereign struck at The Royal Mint on the day of this historic occasion.
This creates a direct chronological connection between the physical production of the coin and the historic event it commemorates.
Struck on the Day Sovereigns occupy a distinct area of modern Sovereign collecting because production is deliberately tied to a particular historic date.
For this issue, that date was:
6 May 2023 – the Coronation of King Charles III.
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Issue Limited to Just 1,250 Coins
The 2023 Coronation Struck on the Day Sovereign was issued in a particularly restricted quantity.
Issue Limit: 1,250
Specialist Sovereign references consistently record the 2023 Coronation SOTD Sovereign with this 1,250-coin issue limit.
This figure relates to the original Struck on the Day issue and should be kept separate from the NGC population.
For this particular certified example:
Original Issue Limit: 1,250
NGC MS70 Matte Population: 60
The 1,250 records the size of the original special issue.
The 60 records the population displayed by NGC at MS70 Matte at the time of checking.
These are two completely different measures.
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Special Fully Frosted Matte Finish
The Struck on the Day Sovereign is visually distinct from the regular Coronation Sovereign.
The Royal Mint specifically states:
“The Sovereign struck on the day of the coronation will have a fully frosted finish.”
This gives the coin its distinctive matte appearance.
Rather than the contrasting mirrored surfaces associated with a Proof Sovereign, the Struck on the Day coin uses an intentionally frosted treatment across the design.
That distinction is reflected directly in this coin’s NGC certification:
MS70 MATTE
The matte finish is therefore not simply an aesthetic description added by a dealer; it is a defining characteristic of the original Royal Mint issue and is recognised as part of the coin’s NGC certification.
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The Crowned Portrait of King Charles III
The obverse is another defining feature.
It carries the special crowned coinage portrait of His Majesty King Charles III, designed by British sculptor Martin Jennings.
The Royal Mint identifies this as the first crowned coinage portrait of King Charles III.
The crowned portrait was created specifically in connection with the Coronation and differs immediately from Jennings’ standard uncrowned definitive portrait used on regular Charles III coinage.
The Royal Mint also confirms that the 2023 Coronation Sovereign collection was the first Sovereign collection to feature the official crowned coinage portrait of The King.
This gives the 2023 Coronation Sovereigns an immediately identifiable position within the early coinage of King Charles III.
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St George and the Dragon
The reverse features one of the most recognisable designs in British numismatics:
Benedetto Pistrucci’s St George and the Dragon.
Pistrucci’s composition first appeared on The Sovereign in 1817 and has become intrinsically associated with the denomination.
The Royal Mint confirms that the 2023 Coronation Sovereign represented the first Sovereign of King Charles III to feature Pistrucci’s classic St George and the Dragon design.
The design depicts St George on horseback defeating the dragon, with the:
2023
date appearing beneath.
The historic Pistrucci reverse is paired with Martin Jennings’ new crowned portrait, bringing together one of the Sovereign’s longest-established designs with a portrait created specifically for the Coronation of a new monarch.
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Traditional 22-Carat Sovereign Gold
The 2023 Coronation Sovereign follows the traditional Sovereign gold specification.
It is struck in:
916.7 / 22-Carat Gold
with a total weight of approximately:
7.98g
and a fine-gold content of approximately:
0.2354 Troy Ounce
The coin measures:
22.05mm in diameter.
The Royal Mint confirms the 2023 Coronation Sovereign’s 916.67 fineness, 0.235 troy ounce pure-metal content and 22.05mm diameter.
The Struck on the Day issue therefore retains the traditional physical specification of The Sovereign while distinguishing itself through its Coronation-day production and special matte finish.
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NGC MS70 Matte
This particular example has been independently authenticated, encapsulated and graded by NGC as:
MS70 MATTE
NGC uses the internationally recognised numerical grading scale extending to 70.
MS denotes Mint State, while a grade of 70 is the highest numerical Mint State grade available.
NGC defines grade 70 as having no post-production imperfections visible at 5× magnification.
The additional:
MATTE
description corresponds with the special fully frosted finish of the Struck on the Day issue.
This particular example therefore combines:
NGC’s highest numerical Mint State grade
with the distinctive:
Matte finish
of the Coronation-day Sovereign.
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NGC First Releases
This particular example additionally carries NGC’s:
FIRST RELEASES
designation.
NGC awards First Releases to selected coins received by NGC or an NGC-approved depository within the first 30 days of release.
The designation appears as part of this coin’s NGC certification.
Importantly, First Releases does not mean that the coin was necessarily one of the first pieces physically struck on Coronation Day.
In this case, every original SOTD coin is significant because the issue itself was struck on 6 May 2023.
The First Releases designation separately relates to the timing of the coin’s receipt for NGC certification.
This particular example therefore has three distinct certification characteristics:
MS70
Matte
First Releases
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NGC Population – 60 in MS70 Matte
At the time of checking on 30 August 2026, the NGC certification evidence supplied for this exact issue records:
NGC MS70 Matte Population: 60
Higher Grades: 0
NGC Top Pop
This places the coin at the highest numerical grade represented by NGC for the certification category shown at the time of checking.
For clarity:
Original Issue Limit: 1,250
NGC MS70 Matte Population: 60
Higher Grades: 0
Status: Top Pop
The original issue and certified population measure different things.
The 1,250 relates to the original Struck on the Day release.
The 60 records the population displayed by NGC at MS70 Matte at the time of checking.
NGC Census populations can change as additional examples are submitted and certified, which is why the population is accompanied by the date it was checked.
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A Coronation-Day Sovereign at the Highest NGC Grade
This particular coin brings together:
2023 King Charles III Coronation
Actually struck on 6 May 2023
Struck on the Day issue
Issue Limit of just 1,250
Fully frosted matte finish
First crowned King Charles III coinage portrait
Martin Jennings obverse
Benedetto Pistrucci St George and the Dragon reverse
Traditional 22-carat Sovereign gold
NGC MS70 Matte
NGC First Releases
MS70 Matte population of 60
0 graded higher
NGC Top Pop
These characteristics give the coin several distinct areas of significance rather than relying solely on its grade or original issue limit.
Most importantly, its connection with the Coronation is direct:
the coin itself was struck on the day King Charles III was crowned.
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Image Information
The slab images shown may include digitally produced representations for presentation purposes, with certification numbers and barcodes omitted.
Where detailed close-up photographs of the actual coin are shown, these provide a closer view of the genuine coin offered for sale.
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Why Buy from Sterling Bullion Partners?
Every certified coin offered by Sterling Bullion Partners is carefully selected for its quality, authenticity and collector appeal.
When purchasing from Sterling Bullion Partners, you benefit from:
- Carefully selected certified coins
- Independently authenticated and professionally graded examples
- Detailed grading and population information
- Fully insured UK delivery
- Secure protective packaging
- Experienced customer support
- A UK precious-metals dealer committed to accuracy and transparency
With its actual Coronation-day strike, 1,250-coin issue, fully frosted finish and NGC MS70 Matte First Releases Top Pop certification, the 2023 Coronation Struck on the Day Sovereign represents a distinctive certified issue from the beginning of the reign of King Charles III.
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