Gold Fortieth-Ounce 2023 Britannia, Coin from United Kingdom - detailed information

Like many other mints, the Royal Mint issues bullion coins in precious metals, having much higher intrinsic value than their face value. The one-fortieth ounce (1/40 oz) gold coins are denominated as Fifty Pence (50p) and have been issued since 2014.

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

Britannia as a symbol - the female personification of Great Britain - has been depicted on British coinage for centuries. The bullion series called Britannia has been issued in gold since 1987 and in silver since 1997; it has a "definitive" depiction - used on bullion coins (Brilliant Uncirculated grade), as well as “Britannia, the Changing Face of Britain” - a series of one-year design used on proofs made for collectors, such as this one.

The Mint says about it:
"Each evolution of the Britannia coin represents Britain at a moment in time, charting the nation’s history and the values it upholds.

For 2023, Britannia is drawn in a chariot by mighty sea creatures, in a design reminiscent of the iconic Boadicea and Her Daughters statue next to Westminster Bridge."