Britannia 2024 1/2oz Gold Bullion Coin
- A latent image changes from a padlock to Britannia’s trident
- Surface animation creates a background of moving waves
- The micro-text of the coin provides both decoration and protection
- Britannia’s shield bears the Union flag, which is accented with tincture lines
- The coin comes in a single coin capsule
Britannia has embodied Britain and its people since the second century and just under two millenniums later, the icon is still instantly recognisable on a bullion coin. For 2024, our Britannia coin continues to lead security in the bullion market as the icon appears on a coin with four groundbreaking features. Surface animation in the background of Britannia reflects the flow of waves as the coin is moved and, between this and the banding of the coin, micro-text circles the design with the wording ‘DECUS ET TUTAMEN’, which translates as ‘An ornament and a safeguard’, and describes the features that both decorate and protect the coin. The lower left-hand segment of the coin features a latent feature that switches between a design of trident and a padlock based on the viewer’s perspective, emphasising Britannia’s maritime strength and the coin’s secure nature, whilst tincture lines highlight details such as the Union flag on Britannia’s shield. Combined, these enhanced security features along with Philip Nathan’s Britannia design forms one of the most visually secure coins in the world.
These features are also available on the one kilo and one ounce fine silver editions, one ounce, quarter-ounce and tenth-ounce fine gold editions, and one ounce and tenth-ounce fine platinum editions of the coin.
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 2024 1/2oz Gold Bullion Coin
Specification | Value |
---|---|
Denomination | £50 |
Alloy | 999.9 Fine Gold |
Diameter | 27.00mm |
Reverse Designer | Philip Nathan |
Obverse Designer | Martin Jennings |
Specification | Value |
---|---|
Quality | Bullion |
Year | 2024 |
Pure Metal Type | Gold |
Pure Metal Content | 0.5 Troy Oz |
Fineness | 999.9 |
Packaging | Single Coin Capsule |
Security Features | Micro-text | Latent image | Tincture lines | Surface animation |