The Queen's Beasts 2019 The Yale 1/4 oz Gold Bullion Coin
Bullion | 999.9 Fine Gold
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A new investment opportunity in the range, this quarter-ounce gold bullion coin is the latest addition to The Queen’s Beasts Collection. Inspired by the ancient art of heraldry, the collection brings to life the ten imposing statues that lined the entrance to Westminster Abbey at Her Majesty The Queen’s Coronation in 1953.
The yale was first written about by the classical author Pliny the Elder in his influential Natural History. It is a mythical beast, able to swivel each of its horns independently. It descends to The Queen through Henry VII, who inherited it from his mother, Lady Margaret Beaufort, who went on to play a central role in the Wars of the Roses. Her position as matriarch of the Tudor dynasty gave the yale prestige and symbolic meaning.
This quarter-ounce gold bullion coin features another original portrait by Royal Mint coin designer Jody Clark. Regal, rare and magnificent, its most prominent feature is its horns which are a focal point in the design.
This bullion coin from The Queen’s Beasts Collection is also available as a gold one-ounce edition and a silver two-ounce coin.
Key Points:
- Struck in 999.9 fine gold
- Minted to bullion standard
- Both the coin’s obverse and reverse have been created by Royal Mint coin designer Jody Clark
- VAT free for non VAT registered private individuals
- Exempt from capital gains tax for UK residents
- Struck by The Royal Mint, the home of every official United Kingdom coin struck during Her Majesty The Queen’s reign
- Individually packaged in a single coin capsule
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
The Queen's Beasts 2019 The Yale 1/4 oz Gold Bullion Coin
| Specification | Value |
|---|---|
| Denomination | £25 |
| Alloy | 999.9 Fine Gold |
| Diameter | 22.00mm |
| Reverse Designer | Jody Clark |
| Obverse Designer | Jody Clark |
| Specification | Value |
|---|---|
| Quality | Bullion |
| Year | 2019 |
| Pure Metal Type | Gold |
| Pure Metal Content | 1/4 Troy Oz |
| Fineness | 999.9 |
| Packaging | Single Coin Capsule |
