Robin Hood 2021 1oz Silver Bullion Coin
Bullion | 999 Fine Silver
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Centuries after his tales were first told around British campfires and hearths, The Royal Mint is celebrating the legendary hero Robin Hood. The iconic character, who famously stole from the rich to give to the poor, appears on the first coin in a new bullion collection inspired by myth and legend. The hero of folklore will soon be followed by two more coins inspired by the tale, featuring the courageous heroine Maid Marian and Robin Hood’s trusted companion Little John.
Passed along through the oral traditions of the time, stories of this heroic rebel have been spread far and wide since the fourteenth century. Robin Hood was often described as a great archer, and Jody Clark’s depiction of the character features him hidden amongst the branches of Sherwood Forest, poised with a bow and arrow ready for action.
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:
- The first release in an exciting new bullion coin collection
- Each coin contains one troy ounce of 999 fine silver
- Struck to The Royal Mint’s bullion standard
- Features a modern interpretation of Robin Hood by Jody Clark
- 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
Robin Hood 2021 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 table texture |
