Britannia 2024 1/10oz Gold Bullion Coin in Blister
- Four advanced features make this a highly secure bullion coin
- A latent image on the coin changes from a padlock to Britannia’s famous trident
- Surface animation brings the background of waves to life
- The micro-text provides the coin with both decoration and protection
- Britannia’s shield bears the Union flag accented with tincture lines
- Presented in Britannia-branded blister packaging
Across the world, many know The Royal Mint for our ability to create products made with precious metals that blend traditional craft with innovative technology. For 2024, our Britannia bullion coin employs this combination and redefines security within the bullion market. Philip Nathan’s 1987 Britannia design stands as strong and as beautiful as ever, enhanced and protected just as the micro-text that borders the design states – ‘DECUS ET TUTAMEN’, which translates as ‘An ornament and a safeguard’. Reflecting the flow of waves as you move the coin, surface animation features in the background. A latent feature in the lower left-hand segment of the coin switches between a trident and a padlock based on the viewer’s perspective, which emphasises both Britannia’s naval strength and the secure nature of the coin. Finally, tincture lines highlight details like the Union flag on Britannia’s shield and make this tenth-ounce 999.9 fine gold coin 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, half-ounce and quarter-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 1/10oz Gold Bullion Coin in Blister
Specification | Value |
---|---|
Denomination | £10 |
Alloy | 999.9 Fine Gold |
Diameter | 16.50mm |
Reverse Designer | Philip Nathan |
Obverse Designer | Martin Jennings |
Specification | Value |
---|---|
Quality | Bullion |
Year | 2024 |
Pure Metal Type | Gold |
Pure Metal Content | 0.1 Troy Oz |
Fineness | 999.9 |
Packaging | Secure Blister Pack |
Security Features | Micro-text | Latent image | Tincture lines | Surface animation |