Lunar 2019 Year of the Pig 1 oz Silver Bullion Coin
Bullion | 999 Fine Silver
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Combining centuries of Chinese tradition with British minting craftsmanship, The Royal Mint Lunar collection celebrates the 12 animals of the Chinese zodiac, or Sh?ngxiào, and their distinctive characteristics and qualities.
Legend has it that the Jade Emperor, who ruled justly over heaven and earth, had never visited his earthly kingdom. Curious to find out what the earth’s creatures looked like, he summoned them to a great meeting. The pig was the last to arrive – tardiness that explains its position as the final sign of the Chinese zodiac.
Continuing the success of The Sh?ngxiào Collection, the sixth bullion coin in the series, features a design by artist Harry Brockway. The Year of the Pig is the twelfth sign of the Chinese zodiac before it starts anew with the Year of the Rat in 2020 and people born under this sign are said to be loyal, generous and gentle.
The design perfectly captures the traits associated with people born in the Year of the Pig. The country house, with smoke coming from the warm fire, set beneath a drowsy night sky, suggests calmness. While the pig, with her children, symbolises family, loyalty and generosity. The bullion coins of The Sh?ngxiào Collection are also available as a one ounce gold edition.
Key Points:
- Struck in 999 fine Silver
- Minted to bullion standard
- The sixth coin in the Lunar series, featuring a design by Harry Brockway
- The number eight, believed to be lucky in Chinese culture, is incorporated in each mintage
- A limited mintage of 138,888
- The coins are presented in capsules
- Features an obverse design by Royal Mint coin designer Jody Clark, creator of the latest definitive portrait of Her Majesty The Queen on UK coinage
* 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
Lunar 2019 Year of the Pig 1 oz Silver Bullion Coin
| Specification | Value |
|---|---|
| Denomination | £2 |
| Alloy | 999 Fine Silver |
| Diameter | 38.61mm |
| Reverse Designer | Harry Brockway |
| Obverse Designer | Jody Clark |
| Specification | Value |
|---|---|
| Quality | Bullion |
| Year | 2019 |
| Pure Metal Type | Silver |
| Pure Metal Content | 1 Troy Oz |
| Fineness | 999 |
| Packaging | Single Coin Capsule |
