The Queen's Beasts 2020 White Horse Gold 1oz Bullion Coin

Name: The Queen's Beasts 2020 White Horse Gold 1oz Bullion Coin
Brand: The Royal Mint
SKU: QBH201GC
Availability: OutOfStock

The Queen’s Beasts Collection brings ancient symbols of ancestry, power and heraldry to life on a series of prestigious coins. Royal Mint designer Jody Clark has reimagined the ten beasts that stood guard at the coronation of Her Late Majesty The Queen in 1953; each one representing a strand of ancestry brought together in a young woman about to be crowned before the nation.

The coin featuring the White Horse of Hanover is the latest release in the collection – a symbol that came to Her Late Majesty through her Hanoverian ancestors. In 1714 Georg Ludwig, ruler of the German duchy of Hanover, succeeded to the throne of Great Britain as George I. He brought with him the heraldry of the region including the device of a white horse on a red background.

The shield the white horse is clutching shows the three lions of England, the lion of Scotland, the fleur-de-lis of France, the Irish harp and the Arms for Hanover. The White Horse of Hanover is portrayed facing to the right, keeping it distinct from its mythical relative the unicorn. Featuring a secure chainmail background, the realism of the White Horse of Hanover is displayed to its fullest.

This bullion coin from The Queen’s Beasts Collection is also available as a quarter-ounce gold and silver two-ounce edition.

Key Points:

Struck in one ounce of 999.9 fine gold
Finished to The Royal Mint’s bullion standard
Both sides of the coin were created by prestigious Royal Mint designer Jody Clark
Features a secure, detailed chainmail background texture
Struck by The Royal Mint – the official mint of the United Kingdom
Exempt from UK capital gains tax for UK residents
VAT free for non-VAT registered private individuals
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

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