Gold Ounce 2021 Gold Standard, Coin from United Kingdom - detailed information

Gold Ounce 2021 Gold Standard, Coin from United Kingdom
CoinGold Ounce 2021 Gold Standard

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.

Designed in 2016 to mark 200 years since the de facto introduction of the gold standard - tying the value of the British pound to that of gold - the Gold Standard 2021 bullion coin is an annual offering from The Royal Mint. Featuring the work of Royal Mint graphic designer Dominique Evans on its reverse, and Jody Clark's official portrait of Her Majesty The Queen on the obverse. The Gold Standard range now includes both a one ounce and quarter-ounce bullion coin struck in 999.9 fine gold.

The journey to Britain’s adoption of a gold standard can be traced through The Royal Mint’s long history, including back to 1717 when Sir Isaac Newton (who was Master of the Mint) issued a report that led to the gold guinea being assigned a fixed value. The Coinage Act of 1816 changed the financial system in Britain dramatically, and introduced a circulating gold coin; the iconic Sovereign. A new gold standard tying the value of The Sovereign to a precise measurement of gold was adopted to help stabilise the country’s war-torn economy, and by 1821, a gold standard was fully operational in Britain.

This is the first one ounce bullion coin in the "Gold Standard" range.

MintRoyal Mint Mint MarkNo mint mark Total Mintageunknown
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Obverse
United Kingdom / Gold Ounce 2021 Gold Standard - obverse photo

The obverse of the coin depicts the crowned old head of Queen Elizabeth II facing right, wearing the Royal Diamond Diadem crown worn for her Coronation (her effigy known as the "Fifth Portrait").

In small letters below the head, the artist's initials J.C (for Jody Clark).

Running continuously around the effigy is the monarch's legend: ELIZABETH II · D · G · REG · F · D · 100 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.

The obverse has a textured background (a "micro-dot table texture") with a geometric pattern, known as "guilloché" - a decorative technique in which a very precise, intricate and repetitive pattern is mechanically engraved into an underlying material.

Obverse Inscription ELIZABETH II · D · G · REG · F · D · 100 POUNDS ·
Reverse
United Kingdom / Gold Ounce 2021 Gold Standard - reverse photo

The reverse shows jewellery scales - as used to weigh e.g. gold - on a background showing a compass and a "compass rose", symbolising the global influence of British gold coinage.

Around above, the inscription THE GOLD STANDARD, below which - divided by the top of the scale - the date of issue 2021.

Around below, · 1 OZ FINE GOLD · 999.9 ·.

The artist's initials DME (for Dominique Evans) are in the right field under the pane of the scales.

Reverse Inscription THE GOLD STANDARD 2021 · 1 OZ FINE GOLD · 999.9 ·
EdgeMilledEdge InscriptionNone
Notes

Finish: bullion (Brilliant Uncirculated).
Packaging: in individual capsule.
Royal Mint Product Code: UKBGS211_1
Release price: £1,441.40

Gold Ounce 2021 Gold Standard: Known varieties
Variety Proof
Images United Kingdom / Gold Ounce 2021 Gold Standard / Proof - obverse photo United Kingdom / Gold Ounce 2021 Gold Standard / Proof - reverse photo
Mintage Issued: unknown. Mintage limit: 260
Details

Unlike the bullion coins, the background of the obverse is not patterned.

In mahogany presentation box, with accompanying booklet telling the story of the gold standard. Royal Mint Product Code: UK21GSQO. Limited Edition (boxed): 250. Maximum Coin Mintage: 260. Issue price: £2,440.00.

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Gold Ounce 2021 Gold Standard: Details
CountryUnited Kingdom
CurrencyPound Sterling
Coin TypeGold Ounce (1 oz)
Issued2021
MonarchQueen Elizabeth II
EffigyQueen Elizabeth II - Portrait by Jody Clark (Fifth Portrait)
Face Value100 (x Pound)
Mintageunknown
CurrentYes
Material0.9999 Gold
DesignerDominique Evans
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size32.690 mm
Mass31.100 g
OCC IDNXYD-ENZC-QGMK-EVRB
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Gold Ounce 2021 Gold Standard: Photos
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The Gold Standard 2021 1oz Gold Bullion Coin
Copyright: Royal Mint
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The Gold Standard 2021 1oz Gold Bullion Coin
Copyright: Royal Mint
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The Gold Standard 2021 UK One Ounce Gold Proof Coin
Copyright: Royal Mint
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The Gold Standard 2021 UK One Ounce Gold Proof Coin
Copyright: Royal Mint
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