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BullionStar’s Extensive Range of Royal Mint Gold Coins and Silver Coins

BullionStar carries an extensive range of investment grade gold bullion coins and silver bullion coins minted by Britain’s famous Royal Mint. The Royal Mint is fully owned by Her Majesty’s Treasury and has the distinction of being the world’s oldest mint.

BullionStar’s range of Royal Mint bullion coins includes gold and silver Britannia coins, gold and silver Lunar coins, and gold and silver Queen’s Beast coins. The Lunar and Queen’s Beast bullion coins are quite recent additions to the Royal Mint’s bullion coin range, and they substantially extend the choice of Royal Mint bullion coins now available to BullionStar customers.

Gold and Silver Britannia

The flagship of the Britannia range is the handsome 1 troy ounce Britannia gold coin, which since 2013 has been minted in 0.9999 fine gold. From its launch in 1987 until 2012, the 1 ounce gold Britannia coin was minted in 22 carat gold (0.9167 fine). In 2015, the Royal Mint also introduced fractional dominations into the Britannia gold coin range in ½ oz, ¼ oz, and 1/10 oz weights.

The latest 2017 issue of the gold Britannia coin commemorates the 30th anniversary of the coin’s launch in 1987, so for some investors, this year’s issue may hold some extra historical significance.

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1 ounce gold Britannia coin, 2017

The Royal Mint also issues a 1 ounce Britannia silver coin, which since 2013 has been minted in 0.999 pure silver. Prior to 2013, the silver Britannia was minted in 0.958 pure silver. The 1 ounce 2017 Britannia silver bullion coin is also the 20th anniversary of the coin’s issue as it was initially launched in 1997.

In addition, the 2017 gold and silver Britannia coins both contain a new security and design feature in the form of micro inscribed radial lines on the obverse of the coin, which are configured as an intriguing radial sunburst pattern behind the Britannia figure.

The Britannia name is derived from imagery of Britannia featured on the reverse face of these coins. The current Britannia imagery displays a standing female symbol of strength embodied in the naval tradition and was designed by English sculptor and coin designer Philip Nathan.

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1 ounce silver Britannia coin, 2017

Although gold and silver Britannias are non-circulation coins, all gold and silver bullion Britannia coins are still classified as legal tender in the UK. For example, the 1 oz Gold Britannia is legal tender with a face value of GBP 100. As legal tender, all Britannia’s are exempt from UK VAT and UK Capital Gains Tax.

Gold and Silver Lunar

In 2014, the Royal Mint launched a new series of gold bullion and silver bullion coins to celebrate the 12 signs of the Chinese zodiac.

Officially called the Shēngxiào Collection, this series is more commonly known as the Royal Mint’s Lunar series. Each of the 12 coins in the series features imagery of animals of the Zodiac on the reverse face of the coins. The imagery has been designed by British Chinese artist Wuon-Gean Ho. The gold Lunar is minted from 99.99% pure gold and is issued in the 1 troy ounce and 1/10 ounce denominations. The silver Lunar coin is minted from 99.9% pure silver and is issued in a 1 ounce denomination.

Each of the gold and silver Lunar series consists of one new coin design per year. The series began with the Year of the Horse in 2014, the Year of the Sheep in 2015, the Year of the Monkey in 2016, and most recently the 2017 gold Lunar Year of the Rooster, a coin which features an attractive design of a Marsh Daisy Rooster. The forthcoming 2018 Lunar design will celebrate the Year of the Dog.

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1 ounce gold Lunar coin, Year of the Rooster 2017

Royal Mint Lunar gold bullion and silver bullion coins are also legal tender in the UK, and, for example, the 1 oz gold Lunar coin has a face value of GBP 100.

Gold and Silver Queen’s Beasts

In 2016, the Royal Mint again expanded its bullion coin range with the addition of the Queens Beasts series minted in gold and silver. The images on this series of coins, which were designed by Royal Mint engraver Jody Clark, are based on statues of 10 heraldic beasts that were commissioned for Queen Elizabeth II’s coronation ceremony in Westminster Abbey in 1953. These statues were themselves based on the extensive history of British royal ancestry and heraldry associated with the British monarch.

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1 ounce gold Queen's Beast coin, Red Dragon of Wales 2017

In gold, the Queen’s Beasts gold coin is available in a 1 troy ounce weight of 99.99% pure gold and a 0.25 troy ounce weight of 99.99% pure gold, while in silver, the Royal Mint has opted to produce a 2 ounce coin minted to a very high 99.99% pure silver standard. This 2 oz silver coin is the Royal Mint’s highest purity silver coin to date.

The Queen’s Beast gold and silver bullion coin range will ultimately consist of 10 coins, with an average of 2 different designs of new legendary creatures issued each year. The first three bullion coin designs launched so far are the 1 ounce Lion of England gold coin, the 1 ounce Griffin of Edward III gold coin, and most recently the 1 ounce Red Dragon of Wales gold coin. Also currently available are a 0.25 ounce Red Dragon gold coin and a 0.25 ounce griffin of Edward III gold coin.

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2 ounce silver Queen's Beast coin, Read Dragon of Wales 2017

Likewise in silver, the Royal Mint has so far issued a 2 oz Lion of England silver bullion coin dated 2016, a 2 oz Griffin of Edward III silver bullion coin dated 2017, and a 2 oz Red Dragon of Wales silver bullion coin dated 2017.

The Royal Mint has now shared with BullionStar the coin design titles and scheduled release dates for the remaining seven legendary beasts in the Queen’s Beast series, which are as follows:

  • 2017 September            The Unicorn of Scotland
  • 2018 March                   The Black Bull of Clarence
  • 2018 September            The Falcon of the Plantagenets
  • 2019 March                   The Yale of Beaufort
  • 2019 September            The White Lion of Mortimer
  • 2020 March                   The White Horse of Hanover
  • 2020 September            The White Greyhound of Richmond

Note that the Royal Mint has also issued a limited-edition proof 10 oz silver Lion of England coin dated 2017 which is the largest weight silver coin ever issued by the Royal Mint.

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Obverse face of 1 ounce gold Britannia coin, 2017

While the reverse faces of the above gold and silver bullion coins feature imagery of Britannia, Lunar zodiac animals, or Queen’s Beasts, respectively, the one consistent feature of all of these coins is that their obverse coin face features a head portrait, or effigy, of the reigning British monarch Queen Elizabeth II. Royal Mint coins issued since 2016 feature a contemporary head portrait designed by the Royal Mint’s engraver Jody Clark. Up until 2015 for a number of years, the portrait used a portrait designed by well-known sculptor Ian Rank Broadley.

Singapore GST and Investment Precious Metals (IPM)

A key driver of gold and silver bullion coin sales in Singapore is whether a particular bullion coin is exempt from Singapore’s Goods and Services Tax (GST). Qualifying coins are defined as Investment Precious Metals (IPM) by Singapore Customs.

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1 ounce gold Queen's Beast coin, Griffin of Edward III 2017

Gold and silver Britannia coins, gold and silver Lunar coins, and gold and silver Queen’s Beast coins are all defined as Investment Precious Metals (IPM) by Singapore Customs, and so all of these bullion coins are exempt from Singapore GST.

The Royal Mint also produces the world-famous Gold Sovereign coin, a coin which has been minted in its modern form since 1817 and which has therefore been minted for some 200 years now. The Sovereign is legal tender in the UK with a nominal value of one pound sterling and features the famous imagery of St George slaying a dragon, imagery which was designed by the Italian engraver Benedetto Pistucci for the first modern Sovereign in 1817.

Currently the Mint produces both a Sovereign and a Half Sovereign denomination, however, both of these coins are minted in 22 carat gold, i.e. with a gold fineness of 91.67%. This unfortunately means that the Gold Sovereign does not qualify as IPM under Singapore Customs Rules because qualifying IPM is defined as containing 99.5% pure gold or higher. The Gold Sovereign is thus not currently on the Custom’s list of exempted precious metals coins.

Although there is strong potential interest among BullionStar’s customers in the Gold Sovereign, for most bullion coin buyers the lack of GST exemption currently makes the purchase of Sovereigns uneconomical relative to other bullion coins on the market. It is possible, however, that Singapore Customs may amend its IPM rules in the future as it considers and evaluates the worldwide popularity of the Gold Sovereign or if the Royal Mint raises this issue with Singapore Customs.

Royal Mint Gold Sovereigns

In the meantime, BullionStar does stock a number of Gold Sovereign proof sets, for example, here and here. These sets, which would be of interest to collectors, consist of 4 coins, namely, the Sovereign, the Half Sovereign, the Double Sovereign (twice the weight of the Sovereign with a nominal value of £2) and a very large ‘Five Pound’ Sovereign (5 times the weight and gold content of the Sovereign with a nominal value of £5).

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Limited edition proof Gold Sovereign, 4 coin set, 2003

In total, this set contains 2 troy ounces of gold. This is because the Sovereign has a gold content of 0.2354 troy ounces, the Half Sovereign has a gold content of 0.1177 troy ounces, the Double Sovereign contains 0.4708 troy ounces, and the large ‘Five Pound’ Sovereign contains 1.177 troy ounces of gold, i.e. 0.1177 + 0.2354 + 0.4708 + 1.177 = 2 troy ounces.

Note also that all newly minted batches of Royal Mint coins, including all of the Royal Mint bullion coins discussed above, are also assayed and tested for metal composition, weight and size as part of the long-standing annual Trial of the Pyx held at GoldSmiths Hall in London which is both a practical and traditional quality control exercise that is presided over by the Master of the Mint and the UK Treasury’s Chancellor of the Exchequer. This Trial is a further guarantee that all Royal Mint bullion coins are of the highest possible quality and workmanship.

Additional Gold & Silver & Platinum Coins GST-free in Singapore

Starting 1 September 2016, the exemption of gold, silver and platinum coins from Goods and Services Tax (GST) in Singapore has been extended. The following coins, all available for ordering at BullionStar.com, are now available for purchase without any GST.

The updated IRAS Guide on Exemption of Investment Precious Metals (IPM) can be found here.

United Kingdom Gold Queen's Beast 2016 - 1 oz 

The 1 oz Queens' Beast gold coin is the first of ten coins in a newly released series by the British Royal Mint featuring the heraldic beasts that stood guard at The Queen's coronation. Each 1 oz Queen's Beast is minted in .9999 fine gold and is legal tender at £100. With the coin priced as a bullion coin, it is expected to find its' way into both the hands of investors and collectors.

United Kingdom Gold Lunar Monkey 2016 - 1 oz

This is the third coin released by the United Kingdom Royal Mint as part of its' Lunar Series program. The series began in 2014 with the release of the UK Gold Lunar Horse and has attracted investors and collectors alike who are impressed with the design of the coin, as well as the high quality of the finish. The front of the coin features a rhesus monkey swinging through the trees, along with the inscription "Year of the Monkey" . The UK Gold Lunar Monkey has a maximum mintage of just 8,888 coins.

Canadian Gold Growling Cougar 2015 - 1 oz

This coin is part of the "Call of the Wild" Series released by the Royal Canadian Mint in 2014. The series highlights animals living in the wild that have been hunted to near extinction. The Gold Growling Cougar 2015 is the second coin in the series. The coin is unique in that the purity of the gold used to mint the coin is 99.999% pure, making it one of the purest gold coins in the world. The coin is legal tender at CAD$200 which is an unusually high denomination.

Canadian Gold Roaring Grizzly Bear 2016 - 1 oz 

This coin is the third coin released in the "Call of the Wild" Series. Just like the 2015 edition, the Gold Roaring Grizzly Bear is minted in 99.999% pure gold and is legal tender at CAD$200.

United Kingdom Silver Queen's Beast 2016 - 2 oz 

The 2 oz Queen's Beast silver coin is the first of ten coins in a newly released series by the British Royal Mint featuring the heraldic beasts that stood guard at The Queen's coronation. Each 2 oz Queen's Beast silver coin is minted in .9999 fine silver and is legal tender at £5. 2 oz silver bullion coins are relatively rare. With the attractive design of this coin, it can be purchased for a combination of its investment and collectors' properties.

Armenian Silver Noah's Ark 2016 - 1 oz

The Armenian Silver Noah's Ark is one of the most price-worthy bullion coins on the market. The premium is very attractive and is on par or lower than other popular bullion coins like the Silver Maple and Silver Kangaroo. The coin has been minted since 2011. The Armenian Noah's Ark features a dove in flight with an olive branch and Noah's Ark floating on the flood waters. The coin is minted by the German mint, Geiger Edelmetalle. Each coin is minted in 1 oz of .999 fine silver and is legal tender at 500 Dram. Also available in 1/2 oz and 1/4 oz.

Australian Silver Kangaroo 2016 - 1 oz

The Silver Kangaroo is a new bullion release from the Perth Mint and follows in the footsteps of the popular Gold Kangaroo. The Silver Kangaroo features the iconic Australian Red Kangaroo, surrounded by outward radial lines. This enhances the image of the Kangaroo, rendering a 3D-like effect to the kangaroo. With the Silver Kangaroo now exempted from GST, the pricing of the coin is very competitive even compared to the popular Canadian Silver Maples. Each coin is minted in 1 oz of .9999 fine silver and is legal tender at AUD$1.

United Kingdom Silver Lunar Series 2016 - Year of the Monkey - 1 oz

This is the third coin released by the UK Royal Mint as part of its' Lunar Series program. The series was launched in 2014 with the release of the Lunar Horse and has attracted investors and collectors alike who are impressed with the design of the coin, as well as the high quality of the finish. The front of the coin features a rhesus monkey swinging through the trees, along with the inscription "Year of the Monkey". The UK Silver Lunar Monkey has a maximum mintage of just 138,888 coins. Each coin is minted in 1 oz of .999 fine silver and is legal tender at GBP£2.

Canadian Wildlife Peregrine Falcon 2014 - 1 oz

The Peregrine Falcon was the first coin released in the 4-coin "Birds of Prey" Series minted by the Royal Canadian Mint. The series depicts predators in action hunting for its' prey. The reverse of the coin depicts a Peregrine Falcon which can be seen on the coin ready to swoop down to catch its' prey. The mintage for each coin in the "Birds of Prey" series is limited to a maximum of just 1,000,000 coins. Each coin is minted in 1 oz of .9999 fine silver and is legal tender at CAD$5.

Canadian Wildlife Series - Great Horned Owl 2015 - 1 oz 

The Great Horned Owl was the fourth and final coin released in the 4-coin "Birds of Prey" Series minted by the Royal Canadian Mint. The reverse of the coin depicts a menacing Great Horned Howl, wings spread as it descends upon its prey, along with the weight and purity of the coin. Each coin is minted in 1 oz of .9999 fine silver and is legal tender at CAD$5.

Canadian Wildlife Series 2013 - Wood Bison - 1 oz

The Wood Bison was the sixth and final coin released in the Canadian Wildlife Series, a series of coins minted by the Royal Canadian Mint. The series depicted animals in their natural habitat and has proven to be very popular with collectors. The reverse of the coin depicts the Wood Bison, which can be seen galloping through the snow. The mintage for each coin in the Wildlife series is limited to a maximum of just 1,000,000 coins. Each coin is minted in 1 oz of .9999 fine silver and is legal tender at CAD$5.

Austrian Platinum Philharmonic 2016 - 1 oz

2016 is the inaugural year for the Platinum Philharmonic which follows the Gold Philharmonic, first released in 1989, and the Silver Philharmonic released in 2008.  The Platinum Philharmonic features the same loved design as the Gold Philharmonic and Silver Philharmonic. The obverse of the coin depicts the pipe organ in the Vienna Musikverein's Golden Hall. The reverse of the coin shows some of the instruments of the Vienna Philharmonic. Each coin is minted in 1 oz of .9995 fine platinum and is legal tender at €100.

Full official list of Gold Coins qualifying for GST exemption

(i) America Buffalo
(ii) Australia Kangaroo Nugget
(iii) Australia Lunar
(iv) Austria Philharmonic
(v) Canada Maple Leaf
(vi) China Panda
(vii) Malaysia Kijang Emas
(viii) Mexico Libertad
(ix) Singapore Lion
(x) United Kingdom Britannia
(xi) Canada Call of the Wild 3-coin series
(xii) United Kingdom Lunar
(xiii) United Kingdom The Queen's Beasts 10-coin series

Full Official list of Silver Coins qualifying for GST exemption

(i) America Eagle
(ii) Australia Kookaburra
(iii) Australia Koala
(iv) Australia Lunar
(v) Austria Philharmonic
(vi) Canada Maple Leaf
(vii) China Panda
(viii) Mexico Libertad
(ix) United Kingdom Britannia
(x) Australia Saltwater Crocodile
(xi) Canada Wildlife 6-coin series
(xii) Canada Birds of Prey 4-coin series
(xiii) United Kingdom Lunar
(xiv) Armenia Noah’s Ark
(xv) Australia Kangaroo
(xvi) United Kingdom The Queen's Beasts 10-coin series

Full official list of Platinum Coins qualifying for GST exemption

(i) America Eagle
(ii) Australia Koala
(iii) Australia Platypus
(iv) Canada Maple Leaf
(v) Austria Philharmonic