Platinum Ounce (1 oz), Coin Type from United Kingdom - detailed information

Platinum Ounce (1 oz), Coin Type from United Kingdom (issued 2017 - )
Coin TypePlatinum Ounce (1 oz)

Like many other mints, the Royal Mint issues bullion coins in precious metals, having much higher intrinsic value than their face value. The one troy ounce (1 oz) platinum coins are denominated as One Hundred Pounds (£100).

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 Inscription1 oz FINE PLATINUM · 999.5 · [year]
EdgeMilled
Edge InscriptionNone
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Platinum Ounce (1 oz): Details
CountryUnited Kingdom
CurrencyPound Sterling
From2017
Face Value100 (x Pound)
CurrentYes
Material0.9995 Platinum
Designer
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size (mm)32.6900
Mass (g)62.4200