Morgan le Fay 2024 1oz Silver Bullion Coin
Bullion | 999 Fine Silver
Price: From £32.14
Total £34.00
£34.00 per unit
(Ex. VAT, if applicable)
Product code: MLML241SO
Our pricing* (estimated)
| Quantity | Unit Price (ex VAT) |
|---|---|
1 | £34.00 |
2+ | £33.67 |
5+ | £33.37 |
10+ | £33.06 |
20+ | £32.75 |
50+ | £32.44 |
100+ | £32.14 |
Choose your option
Can be Vaulted
Store in The Vault, our on-site precious metal storage facility
CGT Exempt
Exempt from UK capital gains tax for UK residents, due to being legal tender
Free Delivery
Free UK delivery on all bullion products to your registered address
Since first appearing in Geoffrey of Monmouth’s twelfth-century work Vita Merlini, Morgan le Fay has become a popular figure within Arthurian legend. Undergoing various interpretations and portrayals over the centuries, the character is commonly perceived as a dark and powerful enchantress by modern audiences.
In the early chronicles of Arthurian legend, Morgan le Fay appears as a benevolent healer and, in one instance, is said to transport King Arthur to the isle of Avalon and tend to his wounds following his final battle. Experienced coin designer David Lawrence has opted to portray the figure through a more sinister lens, wearing a winged headpiece and poised to inflict dark magic upon her enemies.
- Each coin contains one troy ounce of 999 fine silver
- Struck to The Royal Mint’s bullion standard
- Created by David Lawrence, the reverse design captures a dark and mystic portrayal of Morgan le Fay
- Exempt from UK Capital Gains Tax for UK residents
- 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
Morgan le Fay 2024 1oz Silver Bullion Coin
| Specification | Value |
|---|---|
| Denomination | £2 |
| Alloy | 999 Fine Silver |
| Diameter | 38.61mm |
| Reverse Designer | David Lawrence |
| Obverse Designer | Martin Jennings |
| Specification | Value |
|---|---|
| Quality | Bullion |
| Year | 2024 |
| Pure Metal Type | Silver |
| Pure Metal Content | 1 Troy Oz |
| Fineness | 999 |
| Packaging | Single Coin Capsule |
