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Britannia 2023 1/4 oz Gold Bullion Coin (King Charles III)

Key Features:

  • The obverse features the first coinage portrait of His Majesty The King
  • The world’s first bullion coin to feature the first coinage portrait of His Majesty King Charles III
  • Britannia’s shield bears the Union flag accented with tincture lines
  • A latent image changes from a padlock to Britannia’s famous trident
  • Surface animation brings the background of sparkling waves to life
  • Protected in a single coin capsule

Britannia is one of the oldest symbols of Britain, evolving from the time of Roman rule to become a representation of a modern, forward-looking nation. For 2023, this Britannia bullion coin blends classical design with innovation to redefine security in the bullion market. Philip Nathan’s award-winning portrayal of Britannia includes groundbreaking features that make it the most visually secure coin in the world. Britannia’s strength and beauty is enhanced with security features that both decorate and protect the coin, such as the micro-text of ‘Decus et Tutamen’ that borders the design and translates as ‘An ornament and a safeguard’. In the lower left-hand of the design, below Britannia’s flowing gown, is a trident to represent her naval history and, as the viewer changes their perspective, the trident becomes a padlock, emphasising the coin’s secure nature. Surface animation replaces a standard background, reflecting the movement of waves, and fine details such as the Union flag on Britannia’s shield have been highlighted with tincture lines.

These features are also available on the one kilo and one ounce fine silver, one ounce, half-ounce and tenth-ounce fine gold. The Britannia 2023 bullion coin is also available without the additional features as a quarter-ounce and tenth-ounce fine 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.

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

Specification

Britannia 2023 1/4 oz Gold Bullion Coin (King Charles III)

Specification Value
Denomination £25
Alloy 999.9 Fine Gold
Diameter 22.00mm
Reverse Designer Philip Nathan
Obverse Designer Martin Jennings
Specification Value
Quality Bullion
Year 2023
Pure Metal Type Gold
Pure Metal Content 0.25 Troy Oz
Fineness 999.9
Packaging Single Coin Capsule
Security Features Micro-text | Latent image | Tincture lines | Surface animation
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