The Royal Mint's decision to put a critically endangered capercaillie-style grouse on the new 10p coin, alongside King Charles III, is being framed as a conservation awareness campaign. But for property professionals, it lands at a moment when the moorland and Highland estates this bird calls home have quietly become one of the UK's most dynamic — and least understood — asset classes. Scotland's sporting estates, once the preserve of aristocratic families and reclusive billionaires, are now attracting institutional capital, rewilding funds and carbon-credit developers at a pace that has pushed prices up sharply over the past five years.