The British Lion and American Eagle 2024 1oz Silver Bullion Coin
Two national icons, the British Lion and the American Eagle, have been beautifully brought together on a new bullion coin from The Royal Mint. Created in partnership with John M. Mercanti, Chief Engraver at the United States Mint from 2006 to 2010, the reverse design brings two mighty animal icons together in one harmonious composition.
Powerfully conveying courage, strength and freedom, the British Lion and American Eagle embody the spirit of their respective nations. Instantly recognisable, these icons represent the shared values and enduring relationship between two countries that so often stand together.
A unique collaboration between The Royal Mint and John M. Mercanti, one of the finest engravers in US coinage history, The Lion and The Eagle is available now in one ounce gold and one ounce silver bullion editions.
- The reverse design unites two national symbols – the British Lion and the American Eagle
- The new iconic design is the work of John M. Mercanti, a former Chief Engraver at the US Mint
- Offers the opportunity to celebrate the strong ties between the United Kingdom and the United States
- Struck in 999 fine silver and finished to Bullion standard
- The obverse features the coinage portrait of His Majesty King Charles III
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 British Lion and American Eagle 2024 1oz Silver Bullion Coin
| Specification | Value |
|---|---|
| Denomination | £2 |
| Alloy | 999 Fine Silver |
| Diameter | 38.61mm |
| Reverse Designer | John Mercanti |
| 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 |
