2021 1 oz United Kingdom Gold Standard Coin (Pre-Owned in Good Condition)

Up for bidding is the 2021 1 oz United Kingdom Gold Standard Coin (Pre-Owned in Good Condition) minted by The Royal Mint.

Minted in 99.99% pure gold, the 2021 1 oz United Kingdom Gold Standard Bullion Coin was designed in 2016 to mark 200 years since the de facto introduction of the gold standard – tying the value of the British pound to that of gold

The journey to Britain’s adoption of a gold standard can be traced through The Royal Mint’s long history, including back to 1717 when Sir Isaac Newton issued a report that led to the gold guinea being assigned a fixed value. The Coinage Act of 1816 changed the financial system in Britain dramatically, and introduced a circulating gold coin; the iconic Sovereign. A new gold standard tying the value of The Sovereign to a precise measurement of gold was adopted to help stabilise the country’s war-torn economy, and by 1821, a gold standard was fully operational in Britain.

The Royal Mint is fully owned by His Majesty´s Treasury, and each year the Treasury attests to the authenticity and quality of all bullion coins that the Mint produces.