UK Gold Coins Overview
Gold coins are produced by mints all over the globe. Today, gold coins are available with a vast number of designs and also come in numerous weights. Gold coins can be a great vehicle for building a gold portfolio, as the typical gold bullion coin carries a reasonable premium over spot and they are easy to store.
Regardless of where a gold coin is minted, the coin is considered good, legal tender and they carry varying face values.
The UK has produced a number of gold coins over the years that are coveted by both investors and collectors. These gold coins include both bullion coins as well as proof versions and collectibles. Some of the most popular UK gold coins include:
The British Gold Britannia coin: The British Gold Britannia coin contains 1 troy ounce of 999.9 percent fine gold. The name Britannia represents the goddess responsible for protecting the island and controlling the English Channel. THis gold coin made its debut in 1987 and it is produced by The Royal Mint. The coin was originally produced with .917 percent fine gold, but was changed to 999.9 in recent years. The coin’s obverse features the portrait image of Her Majesty Queen Elizabeth II. The 1 ounce weight carries a face value of 100 GBP.
The British Gold Queen’s Beast Lion coin: This coin is also produced by The Royal Mint. The coin features an iconic symbol, the lion, as well as the profile portrait of Her Majesty Queen Elizabeth II. These gold coins are produced with 999.9 percent fine gold and carry a face value of 100 GBP.
The Great Britain Gold Sovereign coin: This gold coin is produced by The Royal Mint and features a picture of St. George mounted on horseback as he battles a dragon. The obverse of each coin features a portrait of the reigning monarch of the UK. All British Sovereigns since 1957 have featured the portrait of Her Majesty Queen Elizabeth II with various versions being used. These coins contain .2354 ounces actual gold weight.
Gold coins from the UK tend to be intricately detailed and full of symbolism. Many of these coins are available in both bullion and proof versions, and are therefore suitable for investors looking to add total ounces of gold to their holdings as well as collectors looking to add fine coins for their appreciation potential and collectibility.
UK gold coins are an excellent choice due to their beautiful designs, their collectability and of course their gold content. These coins are easily stored in a home safe, a bank safe deposit box or in the depository of your choice.
UK gold coins bring with them a great deal of history and symbolism. If you are looking to add some diversification to your collection, then UK gold coins may be a great choice. These gold coins are available from many dealers, and can be ordered online and delivered to you within a matter of days.