The Queen's Beasts 2020 The White Lion of Mortimer 2 oz Silver Bullion Coin
Bullion | 999.9 Fine Silver
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Our popular Queen’s Beasts Collection continues with the release of the latest bullion coin, featuring the White Lion of Mortimer. This is the second lion in the collection but the White Lion is a very different beast to the rampant, ferocious Lion of England that began the series, both designed by Royal Mint coin designer Jody Clark. This lion, seated with his tail tucked away, represents loyalty and discipline, which were important characteristics to the monarchs that have gone before Her Late Majesty The Queen.
The heraldic beasts first ‘came to life’ at The Queen’s coronation in 1953. Ten imposing statues lined her entrance to Westminster Abbey, each one standing guard to represent her ancestors. The White Lion of Mortimer represents The Queen’s Yorkist heritage, first used by Roger Mortimer, Earl of March (1328–60), a founder Knight of the Order of the Garter. His White Lion passed to the House of York and was used by both Richard II and Edward IV.
Today, the symbolic beasts are reimagined on our coins, powerful and prestigious, and designed by the man who created the latest definitive coinage portrait of The Queen, which features on the obverse of this coin. Jody Clark has highlighted the Lion’s mane, tail and shield, which are the most important aspects of his story. The badge on the Lion’s shield bears the white rose of York with the sun’s golden rays – a symbol adopted by Edward IV, who saw the sun as a sign of good luck in battle.
This bullion coin from The Queen’s Beasts Collection is also available as a one ounce and quarter-ounce gold edition.
Key Points:
- Struck in 999.9 fine silver
- Finished to The Royal Mint’s bullion standard
- Both the obverse and reverse designs were created by The Royal Mint’s own Jody Clark
- Features a stunningly detailed chainmail background
- 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
The Queen's Beasts 2020 The White Lion of Mortimer 2 oz Silver Bullion Coin
| Specification | Value |
|---|---|
| Denomination | £5 |
| Alloy | 999.9 Fine Silver |
| Diameter | 38.61mm |
| Reverse Designer | Jody Clark |
| Obverse Designer | Jody Clark |
| Specification | Value |
|---|---|
| Quality | Bullion |
| Year | 2020 |
| Pure Metal Type | Silver |
| Pure Metal Content | 2 Troy Oz |
| Fineness | 999.9 |
| Packaging | Single Coin Capsule |
