How Much King Charles' Coronation Will Cost, According to Royal Experts
. “For reference, the Queen’s Coronation in 1953 would have cost about 50 million pounds by today’s money value. Charles’ is estimated to come in at double the cost, mainly due to security needs that have significantly more requirements than seven decades ago. It’s true that the government foots the bill for an occasion like this, but the tourism boom that results should more than make up for it.
The King has his eye on not just sustainability but affordability, Arbiter says. For example, the chairs that the King will use date back to his mother’s 1953 Coronation. “It’s all about the King wanting to observe traditions, while at the same time making sure he is aligning with his vision for a sustainable future,” she says. “The man puts his money where his mouth is. The chairs were reupholstered, and the Queen’s cypher was removed.
And, in addition to an eye for cost-cutting where possible, another unspoken ROI is national pride, Arbiter says: “The country will come together, as well as the Commonwealth realms, with unity and a national pride that is kind of lacking these days,” she says. “For me, there is something really rather wonderful about that, the sense of unity we had when the Queen passed and her son stepping into her shoes—incredibly difficult shoes to fill.
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