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Like many other mints, the Royal Mint issues bullion coins in precious metals, having much higher intrinsic value than their face value. The half ounce (1/2 oz) gold coins are denominated as Fifty Pounds (£50). 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 mint makes a distinction between plain "bullion" coins (issued in Brilliant Uncirculated grade) and proofs; the "bullion-grade" coins have textured backgrounds of both the obverse and the reverse designs and use the generic "authoritative" design, while proofs are typically "one-year" types. They are usually issued in parallel with other denominations/sizes having the same reverse designs. The 1999 gold half-ounce (1/2oz) coin was issued by the Royal Mint with the "definitive" standing Britannia type. The composition of the coin is 91.77% gold alloyed with 8.23% silver. The coin was issued as "bullion" (in Brilliant Uncirculated grade) and in Proof FDC grade in mint sets. | ||||||||||||
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London Mint Office coins. |
Variety | Proof FDC | |
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Mintage | Issued: 740 | |
In Set |
1999 Gold Proof Britannia Collection, mintage 740
4 coins: £100 (1oz), £50 (1/2oz), £25 (1/4oz), £10 (1/10oz) |
Source | Edition | About | Link | Notes |
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Spink, Coins of England and the United Kingdom | Mintage |
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London Mint Office coins. |
Country | United Kingdom |
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Currency | Pound Sterling |
Coin Type | Gold Half Ounce (1/2 oz) |
Issued | 1999 |
Monarch | Queen Elizabeth II |
Effigy | Queen Elizabeth II - Fourth Portrait, by Ian Rank-Broadley |
Reverse | Britannia, Standing |
Face Value | 50 (x Pound) |
Total Mintage | unknown |
Current | Yes |
Material | 0.917 Gold |
Designer | Philip Nathan |
Technology | Milled (machine-made) |
Shape | Round |
Orientation | Medal Alignment (Axis 0) |
Size | 27.0000 mm |
Mass | 17.0300 g |
OCC ID | RNAZ-OGWC-VJNM-OXJL |
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Catalog of Modern World Coins 1850-1964 |
Image | Details |
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1999 Half Ounce Proof Britannia Gold Coin
Copyright: Bullion by Post Source |
Source | Reference ID |
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Spink, Coins of England and the United Kingdom | BP4 (was 4460) |
Krause, Standard Catalog of World Coins | Great Britain KM# 1010 |