The Queen's Beasts 2019 Falcon 2 oz Silver Bullion Coin

This two ounce silver bullion coin is the sixth addition to The Queen’s Beasts bullion range. Inspired by ancient symbols of power and identity, the range brings to life the ten imposing statues that lined the entrance to Westminster Abbey in 1953 at the coronation of Her Late Majesty The Queen.

Throughout medieval England, falcons were used for hunting. Knowledge of falconry was a skill that belonged to the chivalrous and was a means to display rank. Kings were entitled to use the most impressive birds of all. In heraldry, the falcon represents single-minded determination.

First used in England by Edward III, it would pass to his great-great-grandson Edward I, a key protagonist in the Wars of the Roses and the first Yorkist king.

Following the success of previous coins in the collection, this silver two-ounce edition features another original design by Jody Clark. Majestic and imposing, the falcon perches on a shield, embodying suitability for high office.

This bullion coin from The Queen’s Beasts Collection is also available as a gold quarter-ounce edition and a gold one-ounce edition.

Key Points:

Struck in 999.9 fine silver
Minted to bullion standard
Both the coin’s obverse and reverse have been created by Royal Mint coin designer Jody Clark
Struck by The Royal Mint, the home of every official United Kingdom coin struck during Her Late Majesty The Queen’s reign

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

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