Gold Five Ounces (5 oz), Coin Type from United Kingdom - detailed information

Gold Five Ounces (5 oz), Coin Type from United Kingdom (issued 2016 - )
Coin TypeGold Five Ounces (5 oz)

Like many other mints, the Royal Mint issues bullion coins in precious metals, having much higher intrinsic value than their face value. The five ounces (5 oz) gold coins are denominated as either ten pounds (£10) or five hundred pounds (£500).

The coins are legal tender but are not intended for circulation. They are targeted at bullion investors or collectors who appreciate the special editions as pieces of art. The coins are typically "one-year" types usually issued in parallel with smaller denominations with the same reverse designs.

Obverse

Effigy of the ruling British monarch, legend (in Latin).

Obverse InscriptionLegend of the ruling British monarch
Reverse

Various designs as individually described below.

Reverse Inscription
EdgeMilled
Edge InscriptionNone
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Gold Five Ounces (5 oz): Details
CountryUnited Kingdom
CurrencyPound Sterling
From2016
Face Value500 (x Pound)
CurrentYes
Material0.9999 Gold
Designer
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size (mm)50
Mass (g)156.3000