Best Value Gold 1oz Bullion Coin
- Randomly selected coin design and date
- Struck in one ounce of 999.9 fine gold
- Finished to The Royal Mint’s bullion standard
- VAT free and Capital Gains Tax exempt for UK residents
- Individually packaged in a single coin capsule
Our best value one ounce gold bullion coins offer you the lowest price for a secondary bullion coin bought directly from The Royal Mint – the United Kingdom’s home of gold. The coin you receive will be randomly selected from a variety of Royal Mint designs and years, enabling you to invest in gold for less.
Our best-value one ounce gold bullion coins are sold solely on the basis of their gold content, rather than any numismatic or collector value, and may contain scratches, dents and other marks. Please note, the coin you receive may be pre-owned.
Best Value bullion coins are randomly selected from the stock available at a single point in time. If you purchase multiple single-capsule Best Value bullion coins in a single order, you may receive bullion coins with a mix of designs and dates or the same dated bullion coin multiple times.
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
Best Value Gold 1oz Bullion Coin
| Specification | Value |
|---|---|
| Denomination | £100 |
| Alloy | 999.9 Fine Gold |
| Reverse Designer | Various |
| Obverse Designer | Various |
| Quality | Bullion |
| Specification | Value |
|---|---|
| Year | Randomly Selected |
| Pure Metal Type | Gold |
| Pure Metal Content | 1 Troy Oz |
| Fineness | 999.9 |
| Packaging | Single Coin Capsule |
