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Royal Mint Inks Distribution Deal with RARCOA

Published June 4, 2024 | 1 min read

By Caleb Noel

The Royal Mint has signed an exclusive distribution deal to grow its commemorative coin business in the United States. The deal with the Rare Coin Company of America (RARCOA) is projected to generate a turnover of £100 million over the next three years. It does not include bullion or collector services.

RARCOA is one of the largest importers and distributors of gold coins worldwide. Its customer base spans the United States, Europe, and Asia.

Since 2022, the Royal Mint has seen a 118 percent increase in U.S. customers, highlighting the popularity of British coins in the states. Over the past two years, U.S. customers have purchased over 17,000 one-ounce silver commemoratives. Coins depicting the royals, Star Wars, and Harry Potter were among the most popular.

“From royalty to Harry Potter, our coins celebrate the milestone moments and cultural icons that make Britain famous around the world,” says Rebecca Morgan, director of commemorative coin at the Royal Mint. “All our coin collections are made in the UK, and British craftsmanship continues to have strong appeal internationally. Recent collections celebrating the coronation, Star Wars, and Liberty and Britannia have seen increased demand from U.S. collectors, and we expect this to grow over coming years. Our new partnership with RARCOA will make it even easier for U.S. customers to own a piece of British history from the Royal Mint.”

“As one of the leading rare coin companies in the United States, RARCOA is excited, eager, and proud to be the exclusive U.S. distributor of the Royal Mint’s commemorative coins,” adds RARCOA president Wayde Milas. “We’re thrilled to be working with Britain’s oldest company and the original maker of UK coins, and to share this rich heritage with our customers across the U.S., Europe, and Asia.”