The Royal Mint announces new gold Britannia bullion coin program....
Following the highly successful launch of an edge struck silver Britannia coin, The Royal Mint has now introduced a new gold Britannia bullion coin for 2014 which bear an intricate horse design around its milled edge.
Last year The Royal Mint announced a strategic partnership with precious metals dealer A-Mark to distribute a version of their traditional 1oz Silver Britannia Bullion coin, specially designed to celebrate the Chinese ‘Year of the Snake’, following the launch of a new fineness of 999.9 gold and 999 silver in their highly-regarded bullion range.
The exclusive arrangement with Santa Monica-based A-Mark saw Britain’s oldest manufacturing organisation achieving two new pioneering ‘firsts’ in line with their mission to remain at the forefront of progressive world minting.
It was the first time that the 1100 year-old Royal Mint’s classic 1oz Silver Britannia was embellished with a symbol from the Chinese lunar-solar calendar, and the first time that this legendary coin, bearing Philip Nathan’s instantly-recognisable ‘Britannia’, carried any part of a design around its milled edge.
Shane Bissett, The Royal Mint’s Director of Bullion and Commemorative Coin said “We are pleased to have the opportunity to work with a major distributor to the world’s bullion market and are continuing to see our relationship with A-Mark go from strength to strength. The Royal Mint’s enhanced bullion proposition has been well received worldwide since its launch in November 2012, followed by the introduction of our high security precious metal vault storage facility. We have experienced a growth in the demand for our bullion coins in the period since, and this has been boosted further by the fact that The Royal Mint’s classic Britannia gold and silver bullion coins are eligible for US Individual Retirement Accounts.”
Royal Mint Chief Engraver, Gordon Summers said “Our main challenge in developing the Lunar Britannia coin was incorporating the lunar symbol around the edge of the coin with clarity and quality of design, yet retaining the beauty and the impact of Philip Nathan’s Britannia figure”.
The Royal Mint’s ‘Year of the Horse’ Britannia coins are available in 1oz silver or 1oz gold exclusively from A-Mark at www.amark.com.
2014 UK Bullion Range Specifications:
|Description||Gold Britannia Bullion||Silver Britannia Bullion||Gold Bullion Sovereign|
|Alloy||0.9999 Au fine gold||0.999 Ag fine silver||0.9167 Au 22 carat gold|
|Metal Content (Troy oz)||1||1||0.2354|
|Minimum Gross Weight||31.1035g||31.1035g||7.98g|
|Fineness (% Purity)||0.9999||0.999||0.9167|
|Reverse Designer||Philip Nathan||Philip Nathan||Benedetto Pistrucci|
|Obverse Designer||Ian Rank-Broadley FRBS||Ian Rank-Broadley FRBS||Ian Rank-Broadley FRBS|
|Packaging||10 coins per tube, 25 tubes per box||20 coins per tube, 25 tubes per box||25 coins per tube, 20 tubes per box|
About The Royal Mint
The Royal Mint is one of the world’s oldest and most venerable organisations, with an unbroken history of minting British coinage dating back over 1000 years. Though more than ten centuries have passed since then, The Royal Mint’s reputation for both quality and integrity has always endured.
While The Royal Mint’s finest traditions are always respected, it continually innovates in order to stay at the forefront of world minting, embracing the latest production techniques and technology in order to offer excellence to our clients across the globe. By underpinning our proud heritage with a highly progressive outlook, coins from The Royal Mint remain a byword for trust and reliability the world over.
There were estimated to be 28.9 billion UK coins in circulation at 31 March 2013, with a total face value of £3.9 billion, all manufactured by The Royal Mint. In total, 1.4 billion UK coins were issued during 2012-13.
As well as over 1,000 years of producing British coinage, The Royal Mint has long been trusted with the currencies of other countries. It currently serves more than 100 issuing authorities around the world and meet approximately 15% of global demand, making us the world’s leading export mint.