Britannia 2024 1/10 oz Platinum Bullion Twenty Five Coin Tube
Bullion | 999.5 Fine Platinum
- The smallest platinum coin in the range
- Struck in a tenth ounce of 999.5 platinum
- Emphasises Philip Nathan’s award-winning Britannia design
- Includes four advanced security features
- Packaged in a single coin tube
For almost 2,000 years, Britannia has captured the spirit of the nation she represents. She has evolved through time, reimagined by artists to reflect different strengths and characteristics of Britain. When sculptor Philip Nathan created his interpretation of Britannia for a new bullion coin in 1987, he chose elements such as the trident and olive branch to symbolise her maritime connections and peaceful spirit.
Philip Nathan’s design has become a modern classic, winning awards and redefining security in the bullion market with its pairing with four groundbreaking features. Reflecting the flow of waves as the coin is moved, surface animation provides a background for Britannia, whilst micro-text displaying the words ‘DECUS ET TUTAMEN’, which translate to ‘An ornament and a safeguard’ and describes the features that both decorate and protect the coin. A latent feature in the lower-hand segment of the coin switches between a trident and a padlock based on the viewer’s perspective, emphasising her naval strength and the coin’s secure nature. Tincture lines also carefully highlight details such as the Union flag on Britannia’s shield. Together, these advanced features with this stunning Britannia design make one of the most visually secure coins in the world.
The coin is also available as a one ounce fine platinum edition alongside various gold and silver editions that each include these four advanced security features.
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 1/10 oz Platinum Bullion Twenty Five Coin Tube
| Specification | Value |
|---|---|
| Denomination | £10 |
| Alloy | 999.5 Fine Platinum |
| Diameter | 16.45mm |
| Reverse Designer | Philip Nathan |
| Obverse Designer | Martin Jennings |
| Specification | Value |
|---|---|
| Quality | Bullion |
| Year | 2024 |
| Pure Metal Type | Platinum |
| Pure Metal Content | 25 x 0.1 Troy Oz |
| Fineness | 999.5 |
| Packaging | Coin Tube |
