Looking for a simple way to make a sound investment this Summer? Then you could do a lot worse than checking out the celebrations to mark the Queen's Diamond Jubilee in the UK.
As usual the streets of London - and the rest of England, Wales, Scotland and Northern Ireland - will be draped in Union Jack flags as the country celebrates Queen Elizabeth's sixty years on the throne.
And - as normal - the country's shops will be drowned in memorabilia. For the smart investor, it's a diamond opportunity.
The range of items for sale this Summer will include teddy bears, shirts, fridge magnets and spoons. But even though 90 per cent of the memorabilia on sale will be worthless junk, experts are certain that a few items could become valuable. So the trick will be to spot what is going to be a solid investment for the future.
‘Strictly limited editions are the best buys. Values could rise ten per cent due to a patriotic wave of interest this year alone. Mugs are the most collectable because of their aesthetic appeal, but it is important to find a good make,' leading antiques trader and Royal collector Ann Parker, of Hungerford, Berkshire, told the Daily Mail recently.
The most prestigious items will be released by the aptly-named Royal Collection, which sells merchandise personally approved by the Queen. They are releasing a Diamond Jubilee Limited Edition range of fine bone china pieces finished with 22-carat gold leaf.
A Royal Collection spokeswoman says: ‘We expect our £250 teapots to be in demand. There is an international market for such quintessentially English items. With a limited edition of only 500 pots being made they could have investment appeal.’
Another smart investment might be a limited edition Diamond Jubilee Loving Cup costing £175. The two-handled loving cup have always been popular with Royal collectors and, because they are easily broken, tend to become rare.
Other investments worth looking at include the Royal Mint’s Official Queen’s Diamond Jubilee £5 coin, which are currently selling for £12.99 plus £2.95 postage. A number of Jubilee postage stamp sets will also be released - but, as always with stamps, these won’t be worth much unless they contain mistakes.
The last mistake was made in the run up to the wedding of Edward and Sophie in 1999, when the perforation machine stopped working for a handful of stamps. These unperforated 52p stamps are now worth around £1,500.