The Sovereign 2016 Gold Twenty Five Coin Tube
Bullion | 916.67 Fine Gold
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For centuries The Sovereign has been a constant of our coinage, admired and trusted through times of change. With its bold St George and the Dragon design, it has become an internationally recognised symbol of unrivalled accuracy, integrity and strength. To this day, it remains trusted, traded, respected and admired the world over.
The Sovereign 2016 25 Coin Tube is made up of 25, 22 carat gold coins struck to the same precise standard as every Sovereign since 1817. Being UK legal tender it is VAT free and Capital Gains Tax exempt.
Key Points:
- Struck in 22 carat gold
- Individually packaged in bespoke packaging
- UK legal tender
- Minted to Bullion standard
- The obverse bears the definitive fifth coinage portrait of Her Majesty The Queen
- Features a classic reverse design of St George and the dragon by Benedetto Pistrucci
- Unlimited mintage
- VAT free and Capital Gains Tax exempt
- UK Government assurance of weight and purity
* Bullion product prices displayed include the precious metal price and any applicable premium. Any promotions or discounts are applied to the premium above the precious metal price only and not on the metal price itself.
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 Sovereign 2016 Gold Twenty Five Coin Tube
| Specification | Value |
|---|---|
| Alloy | 999.9 Fine Gold |
| Diameter | 22.05mm |
| Reverse Designer | Benedetto Pistrucci |
| Obverse Designer | Jody Clark |
| Quality | Bullion |
| Specification | Value |
|---|---|
| Year | 2016 |
| Pure Metal Type | Gold |
| Pure Metal Content | 0.235 Troy oz |
| Fineness | 916.67 |
| Packaging | Coin Tube |
