Silver Bullion

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Silver Bullion

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The Royal Celebration 10oz Silver Bullion Minted Bar

Bullion | 999.9 Fine Silver | Limited To 6,000 Bars Worldwide

In celebration of the anniversary of His Majesty King Charles III’s accession to the British throne, a brand-new bar joins our bullion range to mark the occasion. Providing an investment opportunity with enduring appeal, this ten-ounce silver bullion bar displays His Majesty The King’s royal cypher, as well as an intricate design of the heraldic symbols of the United Kingdom in breathtaking fashion. The Royal Celebration bullion minted bar is also available in one ounce gold and one ounce silver editions.

The largest bar in the range
6,000 of these ten-ounce 999.9 fine silver bars are available to purchase
Struck to The Royal Mint’s bullion standard with polished and frosted finishes
Features an intricate design of the four heraldic beasts and symbols of the United Kingdom by Thomas T. Docherty

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.

For more information on legal tender guidelines see: www.royalmint.com/aboutus/policies-and-guidelines/legal-tender-guidelines

Specification