The Royal Tudor Beasts 2022 Lion of England 2oz Silver Bullion Coin
Bullion | 999.9 Fine Silver
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Invest in a new bullion collection from The Royal Mint inspired by the Royal Tudor Beasts. The Lion of England is the first of the ten heraldic creatures that stand guard over the moat outside Hampton Court Palace in the form of fearsome statues. Embodying the strength of the Tudor dynasty, they symbolise the ancestry of Henry VIII and his third wife Jane Seymour. The tradition of mythical beasts representing the values and traits of a kingdom began centuries earlier, when heraldic creatures appeared on flags and banners on the battlefield to unite and direct armies and strike fear into the enemy.
The reverse design by David Lawrence displays the Lion of England in an intimidating pose, inspired by the Moat Bridge Royal Beasts of Hampton Court Palace. The design is also set against a new surface animation background texture. Jody Clark’s portrait of Her Late Majesty The Queen also features on the coin’s obverse.
This two-ounce silver bullion coin will also be available as a ten-ounce fine silver edition, as well as one ounce gold, quarter-ounce gold and one ounce platinum editions.
Key Features:
- The fearsome Lion of England launches a new bullion coin collection
- Struck in 999.9 fine silver
- Finished to The Royal Mint’s bullion standard
- David Lawrence’s design is inspired by the Royal Beasts that line the Moat Bridge at Hampton Court Palace
- Features a secure surface animation background texture
- CGT exempt 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 Royal Tudor Beasts 2022 Lion of England 2oz Silver Bullion Coin
| Specification | Value |
|---|---|
| Denomination | £5 |
| Alloy | 999.9 Fine Silver |
| Diameter | 38.61mm |
| Reverse Designer | David Lawrence |
| Obverse Designer | Jody Clark |
| Specification | Value |
|---|---|
| Quality | Bullion |
| Year | 2022 |
| Pure Metal Type | Silver |
| Pure Metal Content | 2 Troy Oz |
| Fineness | 999.9 |
| Packaging | Single Coin Capsule |
