Investments in bullion products are not FCA regulated. The value of your investment can go down as well as up. Past performance is not indicative of future results.
Bullion refers to a non-ferrous alloy that is refined to a high standard in both weight and purity. Due to its alloy count, bullion is a great option for investment.
People buy them for the intrinsic value of the precious metal they contain, so production places greater emphasis on efficiency. They are struck at a rate of up to 250 gold and 3,000 silver coins per hour and are of a similar standard to Brilliant Uncirculated coins.
Store in The Vault, our on-site precious metal storage facility
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During the Viking Age, prior to their conversion to Christianity, Scandinavians, including those who settled in Britain, worshipped a pantheon of Norse gods. The stories of these deities have endured for millennia, continuing to fascinate and enthral as they are retold and reinterpreted.
The Norse gods are led by Odin, the father of the gods known as the All-Father who sacrificed one of his eyes to gain knowledge. Odin is also lord of Valhalla, the celestial great hall where fallen warriors ascend to feast, drink and fight.
The first bar in our collection honouring the gods of Asgard pays tribute to Odin. Featuring a design in which the All-Father sits in majesty upon a throne, Odin is shown clutching his almighty spear, Gungnir, whilst his ravens, Huginn and Muninn, sit on his shoulders and his wolves, Geri and Freki, lie at his feet.
A limited mintage of 7,000
The first design in a new collection of bars honouring the gods of Norse mythology
The reverse design depicts Odin, chieftain of the Aesir, sitting upon a throne
Features a design created by Dan Thorne, a product designer at The Royal Mint
Minted in ten ounces of 999.9 fine silver
A beautiful, precious gift for those interested in Norse mythology
Also available as a 20-gramme gold and one ounce silver edition
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 “legal tender” 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 – 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 – meaning banks and businesses are not required to accept them.