Description
The 2018 10 oz British Silver Valiant Coin from The Royal Mint is a significant release that commemorates the legendary tale of St. George and the dragon. Here’s a detailed description:
Overview:
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Series: The Valiant Series
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Mint: The Royal Mint
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Year of Issue: 2018
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Metal Content: Contains 10 troy ounces of .9999 fine silver
Design:
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Obverse: Features Jody Clark’s fifth-generation portrait of Queen Elizabeth II. This portrait shows her at the age of 89, wearing the Royal Diadem crown. The background includes a new guilloche design, a security feature to deter counterfeiting. The inscriptions include “ELIZABETH II,” “D.G. REG. F.D.,” and the face value of “10 POUNDS.”
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Reverse: Designed by Etienne Milner, it showcases St. George on horseback, poised to strike a dragon with his lance, symbolizing victory over evil. This design is notable for being the first incuse design on a Royal Mint bullion coin, where the image appears recessed into the coin face. The reverse also includes a frosted finish for enhanced detail and the inscriptions “10 oz FINE SILVER 999.9” and “2018.”
Specifications:
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Weight: 10 troy ounces of silver
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Purity: .9999 fine silver
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Diameter: Approximately 89mm, making it a large and visually impactful coin.
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Packaging: Each coin comes encapsulated in a protective plastic capsule, and orders of 15 coins are typically packaged in a mint box.
Investment and Collectibility:
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The coin’s high silver content combined with its artistic design and limited mintage enhance its value for both investors and collectors. It’s part of The Royal Mint’s initiative to cater to both the investment market and collectors with a historical theme.
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Being legal tender in the UK, it is exempt from Capital Gains Tax, which is an added financial advantage for investors.
Cultural and Historical Significance:
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St. George, the patron saint of England, is depicted in a moment of heroic action, linking this coin to centuries of British folklore and history. The legend of St. George and the dragon has been popular since medieval times, symbolizing courage and the triumph of good over evil.
Market Sentiment:
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Given its quality, design, and the story it represents, this coin has been well-received by the market. Its introduction was aimed at both traditional investors in bullion and those interested in numismatic items for their cultural or artistic value.
This coin from The Royal Mint stands out not just for its investment potential but also as a piece of art celebrating one of England’s most cherished legends.