The Royal Mint Plans Expansion in the United States
The Royal Mint (TRM) has signed an exclusive distribution deal to grow its commemorative coin business in the US. The deal with the Rare Coin Company of America (RARCOA) is projected to turnover £100 million over the next three years and help drive its expansion into the US coin collecting market.
According to TRM, it has seen an 118% increase in the number of US customers since 2022, with over 17,000 one-ounce silver commemorative coins purchased by US-based customers over the last two years. ‘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’, said Rebecca Morgan, Director of Commemorative Coin at TRM.
Subscriber content
Read the full article
Full access to Coin & Mint News articles, newsletters and archives.