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.
This commemorative coin celebrates 200 years since the birth of Queen Victoria and Prince Albert.
The Royal Mint says: "Queen Victoria's beloved husband, Prince Albert (born 26 August 1819) was progressive individual in his own right and an enthusiastic supporter of the Great Exhibition of 1851 for which this design was originally struck, at the time in the form of a Council Medal. Featuring the queen and prince consort in the prime of health and young adulthood, it exemplifies the optimism and drive of the age.
The love story of Queen Victoria and Prince Albert is legendary. A power couple of mid-nineteenth-century Britain, they were progressive reflections of the rapid societal and industrial change taking place all around them. After Prince Albert died, aged 42, Queen Victoria paid respect to him for the rest of her life by wearing the mourning colour of black. The portrait of them featured on this coin, first commissioned for a medal for the Great Exhibition of 1851, shows the ambitious couple at their peak. Created by former Royal Mint Chief Engraver William Wyon, the design has been revived for the 200th anniversary of the births of Queen Victoria and Prince Albert, both born in 1819." |