The history of the iconic Buckingham Palace

Buckingham Palace has been the official residence of the British monarch since 1837, including our very own Charles III and Elizabeth II.

It is quite simply one of the most iconic buildings in the world. From state visits to the daily Changing of the Guard, to the annual garden parties and national celebrations; everyone recognises this picturesque building.

But, did you know that Buckingham Palace was initially called Buckingham House?

Read on to explore the history of this great palace, which features on a brand-new UK £5 coin

Buckingham House – 1761

In 1761, George III purchased Buckingham House for his wife, Queen Charlotte. Close to St James’ Palace, it proved the perfect home for the Queen who gave birth to 14 out of her 15 children there.

But, with the accession of George IV in 1820, he decided that he wanted to reconstruct the house eventually agreeing with his architect to turn it into a palace.

At the time, George IV told parliament that the reconstruction would cost near to £450,000 – that’s about £55 million today!

The house was doubled in size, adding new suites and state rooms, and the facing was curated from Bath stone, echoing a French neo-classical influence.

In fact, the rooms that were designed over 200 years ago stand the same in the current day.

Queen Victoria – 1837

It wasn’t until 1837, when Queen Victoria ascended the throne, that Buckingham Palace became the official residence of a British monarch.

She was the first monarch to leave from the palace for her coronation, but her marriage to Prince Albert presented some issues. Namely that the palace didn’t have enough nurseries. It therefore went through another construction phase – redesigning some of the inside alongside updating the frontage after soot had ruined it throughout the industrial revolution.

Present Day – 2024

Nowadays, Buckingham Palace is the administrative headquarters of the monarch, as well as the Sovereign’s residence. The palace has 775 rooms, including 19 state rooms, 52 bedrooms and 78 bathrooms.

Every year more than 50,000 people visit as guests for state banquets, lunches, dinners, receptions and garden parties.

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Credit: Royal Collection Trust https://www.rct.uk/visit/buckingham-palace

Brand-New UK £5 Coin

To honour the incredible history and sentiment of this incredible British landmark, a brand-new UK £5 coin has been issued.

But stocks are extremely limited, especially of the rare Silver Piedfort edition of which only 800 are available worldwide.

Click here to view the range and secure your memento today >>

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BREAKING NEWS: The FIRST EVER Royalty 10p Coin Series Announced

Buckingham Palace Line Drawing - BREAKING NEWS: The FIRST EVER Royalty 10p Coin Series Announced

A FIRST-OF-ITS-KIND British Isles Ten Pence Coin Series has been officially approved by His Majesty the King and Buckingham Palace.

And this new series will be the most comprehensive record of our nation’s royal history ever issued.

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Click here to secure the FIRST coins in the series featuring King Henry VIII and Queen Elizabeth I >>

UK’s 2024 Annual Coins Revealed

The new year means one thing in the collecting world, new coins!

Each year, collectors eagerly anticipate the arrival of The Royal Mint’s Annual Set.

Featuring five brand-new commemorative designs, the coins celebrate some of the biggest anniversaries and events of the year. 

Last year, the coins were issued for the first-time featuring King Charles III and as expected, all premium specifications sold out in a matter of hours.

Then, a little later in the year, the UK’s new circulating coin designs were revealed – again selling out and instigating a whole new wave of collectors.

2023 truly was a monumental year for coinage, and 2024 is likely to follow suit. So, let’s take a look at the 2024 coin designs…

RNLI 50p

2024 Annual Coins BU Pack RNLI 50p  - UK’s 2024 Annual Coins Revealed

The Royal National Lifeboat Institution, otherwise known as the RNLI, was founded over 200 years ago by Sir William Hillary. Ever since, crews and lifeguards have been working hard to save lives 24 hours a day, 7 days a week.

The coin’s reverse design features some of the most recognisable RNLI symbols, with the flag in the centre surrounded by a life ring and rope.

British Olympians and Paralympians 50p

2024 Annual Coins BU Pack Team GB 50p  - UK’s 2024 Annual Coins Revealed

This year, the 2024 Olympics will take place in Paris, France – exactly 100 years since the city last hosted the games. The Paralympics will also be held in France for the first time, making the games the biggest event ever held in France. 202 competitors from Great Britain will participate in 17 sports, in the hopes of clinching Gold.

The coin itself features a geometric design of an Olympian and Paralympian set against the Union Jack, with a small Eiffel Tower at the bottom.

Winston Churchill £2

2024 Annual Coins BU Pack Churchill 2  - UK’s 2024 Annual Coins Revealed

The first £2 coin in this year’s set, honours 150 years since the birth of famous politician, Winston Churchill.

Having led Britain to victory during the Second World War, Churchill served as Prime Minster twice. However, the design of this £2 coin takes us back to a younger Churchill, depicting him as a young man during his time in the Cavalry arm.

National Gallery £2

2024 Annual Coins BU Pack National Gallery 2  - UK’s 2024 Annual Coins Revealed

The National Gallery also celebrates its 200th anniversary on a UK £2 coin. Founded in 1824, the gallery was initially opened with the ambition of making art accessible for everyone.

Soon after, a dedicated building was commissioned and built in Trafalgar Square in 1838 – the very building that now features on the new £2 coin.

Today, the gallery holds over 2,300 paintings from renowned artists like Monet, da Vinci and Michelangelo.

Buckingham Palace £5

2024 Annual Coins BU Pack Buckingham Palace 5  - UK’s 2024 Annual Coins Revealed

The final commemorative coin in the set features one of the most recognisable buildings in the world – Buckingham Palace. The official residence of all British monarchs since Queen Victoria, the palace is now the headquarters of King Charles III.

The Definitives

2024 Annual Coins BU Pack All definitives  - UK’s 2024 Annual Coins Revealed

Each Brilliant Uncirculated and Silver Set will also come specially paired with the 2024 Definitive Coins. From the 1p to the £2, these coins saw a complete re-design in 2023 and are now available in the Annual Coin Sets for the first time since 2022.

How to secure yours

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The 2024 Annual Coins are available in a variety of different specifications. From the official Royal Mint Brilliant Uncirculated Pack to the Base Proof edition with exclusive Royal Mint medal, to the strictly limited Silver Proof and Piedfort Editions.

There really is something for everyone, so click here to view the range and secure yours >>