Description
- The iconic Britannia coin design features four advanced security features
- A latent image changes from a padlock to BritanniaÔÇÖs famous trident
- Surface animation creates movement in the background of waves
- The micro-text provides both decoration and protection
- BritanniaÔÇÖs shield bears the Union flag, which is accented with tincture lines
- Packaged in individual tubes in a durable monster box
Created by the team behind the United KingdomÔÇÖs 12-sided ?ú1 coin, which is known as ÔÇÿthe worldÔÇÖs most secure coinÔÇÖ, the Britannia 2024 bullion coin features innovative security technology that make it the most visually secure bullion coin in the world.
Struck in 999.9 fine gold and enhanced with four security features, Philip NathanÔÇÖs depiction of Britannia is as beautiful as ever on this bullion coin. In the lower left-hand of the design, below BritanniaÔÇÖs flowing gown, a trident represents her naval history and as the viewer changes their perspective this trident becomes a padlock, emphasising the coinÔÇÖs secure nature. Surface animation reflects the movement of waves and fine details such as the Union flag on BritanniaÔÇÖs shield have been carefully highlighted in the coinÔÇÖs bullion finish. These added security features both decorate and protect the coin, just as the micro-text that borders the design states ÔÇô ÔÇÿDecus et TutamenÔÇÖ, which translates as ÔÇÿAn ornament and a safeguardÔÇÖ.
How are bullion prices calculated?
The ‘buy’ and ‘sell’ prices shown on the website represent the market value of raw vaulted metal in an ‘unallocated’ form. This is the standard way prices are quoted throughout the bullion industry. In order for The Royal Mint to deliver beautifully crafted precious metals products to your address, or to our vault, a number of processes must take place, all of which incur a cost. These processes include transportation, refining, minting, quality checking and merchandising.
The price at which The Royal Mint is able to sell bullion products to consumers is therefore made up of the ‘spot price’ (the buy price) plus an additional premium. The premium accounts for the costs incurred in manufacturing a particular product and is usually either a percentage of the buy price or a fixed monetary amount. In short, manufactured bullion products always sell at a premium to enable retailers and manufacturers to cover their costs.
Can I spend/pay using my bullion coins?
All UK coins, whether circulating or non-circulating, are authorised as ÔÇ£legal tenderÔÇØ by Royal Proclamation, in accordance with the Coinage Act of 1971.
Legal tender allows UK coins to be accepted for payment of debts in court ÔÇô but, only circulating legal tender coins are designed to be spent and traded at businesses and banks. The Royal Mint creates commemorative and bullion coin series to celebrate key moments or individuals, and these are treasured for their collectable and aesthetic value, or purchased for investment opportunities. However, these non-circulating, commemorative and bullion coins are limited edition and will not enter general circulation ÔÇô meaning banks and businesses are not required to accept them.
For more information on legal tender guidelines see:?áwww.royalmint.com/aboutus/policies-and-guidelines/legal-tender-guidelines
SPECIFICATION
Britannia 2024 1oz Gold Bullion One Hundred Coin Box
| Specification | Value |
|---|---|
| Denomination | ?ú100 |
| Alloy | 999.9 Fine Gold |
| Diameter | 32.69mm |
| Reverse Designer | Philip Nathan |
| Obverse Designer | Martin Jennings |
| Specification | Value |
|---|---|
| Quality | Bullion |
| Year | 2024 |
| Pure Metal Type | Gold |
| Pure Metal Content | 100 x 1 Troy Oz |
| Fineness | 999.9 |
| Packaging | Monster Box |
| Security Features | Micro-text | Latent image | Tincture lines | Surface animation |
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