St George and the Dragon 2024 1/4oz Gold Bullion Coin
Bullion | 999.9 Fine Gold
The fierce battle between St George and the dragon makes a striking impression on this bullion coin from The Royal Mint. The tale has been portrayed many times in art, with the legend inspiring some of the world’s finest artists. A popular theme for coin designs, Benedetto Pistrucci’s interpretation on the reverse of The Sovereign is perhaps the most celebrated.
- The reverse features a contemporary depiction of St George and the dragon by Jody Clark
- The first in a series of bullion coins based on the legendary tale
- Exempt from Capital Gains Tax for UK residents
- The obverse features the portrait of His Majesty King Charles III by Martin Jennings
- Struck in one quarter ounce of 999.9 fine gold and finished to The Royal Mint’s bullion standard
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
St George and the Dragon 2024 1/4oz Gold Bullion Coin
| Specification | Value |
|---|---|
| Denomination | £25 |
| Alloy | 999.9 Fine Gold |
| Diameter | 22.00mm |
| Reverse Designer | Jody Clark |
| Obverse Designer | Martin Jennings |
| Specification | Value |
|---|---|
| Quality | Bullion |
| Year | 2024 |
| Pure Metal Type | Gold |
| Pure Metal Content | 0.25 Troy Oz |
| Fineness | 999.9 |
| Packaging | Single Coin Capsule |
