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King Charles III and his wife, Queen Consort Camilla, will be crowned at London’s Westminster Abbey on May 6 in the first coronation since his mother, Queen Elizabeth II, was crowned nearly 70 years ago. For example, it would be a profitable time to sell items commemorating coronations of monarchs past, a trend that has been seen around the time of Prince William and his wife Catherine’s wedding, and also at Queen Elizabeth II’s funeral. Meanwhile, another British manufacturer of fine bone china has also produced “God Save The King” plates and mugs. The official coronation chinaware range from the Royal Collection Trust, pictured in Windsor Castle. (Courtesy: Royal Collection Trust Press Office)

Coronation decorations: From party packs, lifesize 21 Best Coronation decorations: From party packs, lifesize

It's been almost 70 years since the UK and Commonwealth have seen the crowning of a monarch, so King Charles III's coronation ceremony on Saturday 6 May is set to be a much anticipated and celebrated event. There's a bank holiday weekend planned to celebrate the King taking the throne and we can expect it to be a once-in-a-generation event. That said, the most valuable items will likely be those that were never meant to be sold, such as invitations, keeping in mind the better the condition the higher the value. Many of the shops in high-traffic tourist areas near Oxford Circus, Piccadilly Circus and Leicester Square carved out space for the King, with items such as party cups that can be used for The Coronation Big Lunch. Made up of neighbourhood street parties and community get-togethers, these lunches are expected to take place across the United Kingdom on May 7, in celebration of the coronation. If you’re looking for a good return on investment, consider purchasing limited-edition coins or stamps in commemorative sets from the Royal Mint or the Royal Mail. Kept in mint or uncirculated condition, with their Certificates of Authenticity, these items are easier to sell in the future. While souvenirs featuring Prince Harry and Meghan Markle’s images were spilling out of Windsor shops in the lead-up to their wedding five years ago, the mood is decidedly more muted in London this time around, perhaps echoing King Charles’ wishes for a more prudent, less-extravagant ceremony than his mother’s, amid a cost-of-living crisis.

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Should you invest in coronation-themed mugs and tea towels? Not if you’re hoping to sell them and make a profit, says Hannah Webbe, vintage coin specialist at Vintage Cash Cow, a service that allows people to sell valuable items.

Coronation Of King Charles III Bone China Bauble with Gift Box

The gown was conceptualized by famed British fashion designer Norman Hartnell, who produced nine designs in total for the queen to approve. Tourists in town for the 2018 wedding were spoiled for choice when it came to souvenirs celebrating the royal nuptials. However, I took several trips on the Tube in the span of a few hours and walked nearly 20,000 steps, all to stumble upon only a few souvenir shops that sold the same items as all the others. Mass-produced items are unlikely to see an increase in value as they’ll be easy to come across, thus limiting their future value, Webbe says in a statement.

Many well-known brands also seem to be cashing in with coronation collections such as Fortnum & Mason, which holds two royal warrants. To celebrate the occasion, the company has unveiled a line of food, drink and keepsake gifts, emblazoned with designs inspired by royal ceremonies. Bobbleheads in King Charles’ likeness, plush gold crowns trimmed with fake crimson velvet and ermine fur, and flags featuring his portrait are just some of the souvenirs for sale in shops on London streets ahead of the coronation. When it comes to selling royal-themed ephemera, the best times are when there is international interest in the Royal Family around large events such as a wedding or a coronation. The queen’s desire to ensure her dress honoured all those she served demonstrated her devotion to duty. She liked her coronation dress so much she wore it six more times, one event being the Opening of Parliament in New Zealand and Australia in 1954. For any admirer of our late queen, I can’t think of a more touching royal memento to cherish,” Hornblower said. Countless shelves are dedicated to mugs, mugs and more coffee mugs with King Charles' image. (Mary Nersessian / CTV News)