Valiant 2021 10oz Silver Bullion Coin
The story of St George and the dragon is steeped in mystery, myth and legend. For many years throughout history, the tale of St George slaying the dragon has captivated audiences around the world. As England’s patron saint, The Royal Mint has honoured the legend once more on The Valiant coin, an annual release in our bullion offering.
Artist Etienne Millner has beautifully captured the courage, bravery and gallantry of St George in his striking, contemporary design. The legend of St George, and his dragon-slaying triumph, crosses cultures and weaves through periods in history. Still revered by many today, he has become an international symbol of honour and courage. Reverse frosting highlights elements of Etienne Millner’s bold design, whilst Queen Elizabeth’s latest effigy is guilloched on the obverse.
Struck in ten ounces of 999.9 fine silver, each ten-ounce coin is finished to The Royal Mint’s bullion standard, and is also available as a one ounce edition. The one ounce edition can be purchased individually, or in tubes of twenty-five coins.
Key Points:
- Each coin contains ten ounces of 999.9 fine silver
- Struck to The Royal Mint’s bullion standard
- Features Etienne Millner’s modern interpretation of St George and the dragon
- The coin’s obverse is guilloche, whilst the reverse is incused
- 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
Valiant 2021 10oz Silver Bullion Coin
| Specification | Value |
|---|---|
| Denomination | £10 |
| Alloy | 999.9 Fine Silver |
| Diameter | 89.00mm |
| Reverse Designer | Etienne Millner |
| Obverse Designer | Jody Clark |
| Specification | Value |
|---|---|
| Quality | Bullion |
| Pure Metal Type | Silver |
| Pure Metal Content | 10 Troy Oz |
| Fineness | 999.9 |
| Packaging | Single Coin Capsule |
| Additional Features | Micro-dot table texture |
