Little John 2022 1oz Silver Bullion Coin
Bullion | 999 Fine Silver
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Inspired by the traditions of storytelling and folklore, passed down through centuries and generations, the Myths and Legends Collection from The Royal Mint launched in 2021, beginning with a three-coin series celebrating the famous tales of Robin Hood. The archer himself and Maid Marian appeared on the first two coins in the collection, and now the third coin in the series completes the trio of legendary characters with Little John, the faithful sidekick who is always ready to follow Robin Hood into battle.
For this coin, the designer Jody Clark has brought legend to life, depicting Little John amongst the strong trees and branches of Sherwood Forest that echo the strength and steadfastness of the character.
Struck in 999 fine silver, each one ounce coin is finished to The Royal Mint’s bullion standard, and is also available as a one ounce gold edition.
Key Points:
- Please note we have now stopped all production of Myths and Legends bullion coins which feature the effigy of Her Late Majesty Queen Elizabeth II
- Each coin contains one troy ounce of 999 fine silver
- Struck to The Royal Mint’s bullion standard
- Features a modern interpretation of Little John by Jody Clark
- 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
Little John 2022 1oz Silver Bullion Coin
| Specification | Value |
|---|---|
| Denomination | £2 |
| Alloy | 999 Fine Silver |
| Diameter | 38.61mm |
| Reverse Designer | Jody Clark |
| Obverse Designer | Jody Clark |
| Specification | Value |
|---|---|
| Quality | Bullion |
| Pure Metal Type | Silver |
| Pure Metal Content | 1 Troy Oz |
| Fineness | 999 |
| Packaging | Single Coin Capsule |
| Additional Features | Micro-Dot |
