Gold Ounce 1997 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 ounce (1 oz) gold 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.

1997 was the tenth year of the Britannia bullion coins range, and the first time when silver Britannias were also issued. The anniversary edition was marked by a new design, known as The Charioteer, where Britannia is depicted standing whilst driving a two-horse chariot in the manner of the warrior queen Boudicca (Boadicea).

This year, the composition was 91.77% gold alloyed with 8.23% silver.

The one-ounce (1oz) coin was issued individually and in mint sets; individually sold bullion coins are in Brilliant Uncirculated grade.