Coin | Gold Half Ounce 2007 Britannia |
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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.
Celebrating the twentieth anniversary of the Britannia coin range, in 2007 a large variety of formats were issued, bearing a new reverse design - this time by Christopher Le Brun, the first artist after the original designer Philip Nathan to contribute to the series. On it, Britannia is shown seated, similar to the personification of Britannia originally used on coins of the Roman Emperor Claudius, and then on British halfpennies and farthings since 1672. It is rendered in a more Classic, detailed style.
The olive branch curving to the left of the figure is like a wreath, hence the Wreath Britannia nickname for the design.
The composition of the coin is 91.77% gold alloyed with 8.23% silver. The half-ounce (1/2oz) gold coin was only issued in Proof FDC grade in mint sets, and not individually. |
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Obverse | |
The obverse of the coins shows the crowned mature head of Queen Elizabeth II facing right (her effigy known as the "Fourth Portrait"). The Queen wears the "Girls of Great Britain and Ireland" diamond tiara, a wedding gift from Queen Mary (Her Majesty's grandmother) in 1947 - which she also has on the Machin and the Gottwald portraits.
In small letters below the head, the artist's initials IRB (for Ian Rank-Broadley).
Around the effigy is the monarch's legend: ELIZABETH ' II ' D ' G REG ' FID ' DEF ' 50 ' POUNDS '. Translated from Latin: Elizabeth the Second, by the Grace of God, Queen, Defender of the Faith, followed by the value and denomination in English.
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Reverse | |
At centre, the seated figure of Britannia - the female personification of Great Britain, facing right; in a break with tradition, she is not helmeted. Her right hand cradles a trident resting on her right shoulder. She is holding an olive branch in her outstretched left hand. Her shield, propped up beside her, is oval and is decorated with the cross of the Union Jack.
A large lion rests at Britannia's feet. In the background - sea, sailing boat and cliffs to the right; a large tree and curving olive branch to the left.
Around left and right, interrupted by the top of the olive branch, the inscription HALF OUNCE FINE GOLD BRITANNIA.
Below the exergue line, horizontally, the date of issue 2007. |
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Edge | Milled | Edge Inscription | None |
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