The Royal Arms 2020 10oz Silver Bullion Coin
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
A mainstay of British coinage for centuries, the Royal Arms is a majestic symbol of strength and majesty which represents the illustrious history of monarchy and heraldry in the United Kingdom.
It acts as the official coat of arms for the British monarch and its origins lie on the medieval battlefield where it would be seen on shields, banners and dress. It has evolved through the ages and is a true indicator of power, approval and duty.
First appearing in 1983, the iconic design by Eric Sewell has been reinterpreted by Timothy Noad for 2020. This design exemplifies the royal heritage which each monarch inherits during their reign and features the heraldic devices which have lasted through the ages, such as the Lion of England and Unicorn of Scotland supporting the shield.
This one ounce silver bullion coin also features a radial background on the reverse, making a truly beautiful design more exquisite.
Key Points:
- A new addition to the bullion range, which celebrates an enduring symbol of the British monarchy
- 10oz of 999 fine silver
- Exempt from capital gains tax for UK residents
- The reverse has been designed by acclaimed coin designer, illuminator and calligrapher Timothy Noad
- A brand-new, unique investment opportunity – this is the first Royal Arms coin released by The Royal Mint
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 Royal Arms 2020 10oz Silver Coin
| Specification | Value |
|---|---|
| Denomination | £10 |
| Alloy | 999 Fine Silver |
| Diameter | 89.00mm |
| Reverse Designer | Timothy Noad |
| Obverse Designer | Jody Clark |
| Specification | Value |
|---|---|
| Quality | Bullion |
| Year | 2020 |
| Pure Metal Type | Silver |
| Pure Metal Content | 10 Troy Oz |
| Fineness | 999 |
| Packaging | Single Coin Capsule |
