|Coin||Gold Ounce 2022 British Monarchs - King George I|
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.
This design is the third release in a Royal Mint series dedicated to the history of British monarchy and the monarchs of England, Great Britain and the United Kingdom, and features George I of England, who was also Prince-Elector of Hanover as Georg Ludwig. The reverse is based on a coinage portrait used during his reign.
The Royal Mint says about it:
The British Monarchs Collection continues its exciting exploration of numismatic and royal history with its third coin. Dedicated to George I, the first British monarch of the long-reigning Hanoverian dynasty, it features a faithful recreation of an original coinage portrait of the king. Resulting in Jacobite uprisings and political unease, George I’s arrival in Britain signalled the end of the Stuart dynasty. At the dawn of the new Hanoverian era, the coins of George I’s reign were those of a nation struggling to adjust to their new European king and a country on the cusp of long-lasting change for both its monarchy and parliament.
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, followed by the date of issue and the face value: ELIZABETH II · D · G · REG · F · D · 100 POUNDS · 2022 ·. Translated from Latin: Elizabeth the Second, by the Grace of God, Queen, Defender of the Faith, followed by the value and denomination in English and the year.
Within a toothed bordern, the reverse of the coin depicts George I of England, facing right.
Around, the inscription GEORGIVS · DG · M · BR · FR · ET HIB REX F · D ·.
The legend is in Latin, and means "George, by the Grace of God, King of Great Britain, France and Ireland, Defender of the Faith". The mention of France is a reference to the king's historical claim on the French throne, although he never ruled France.
||GEORGIVS · DG · M · BR · FR · ET HIB REX F · D ·
Finish: Proof FDC.
Packaging: in mahogany box, with a numbered Certificate of Authenticity.
Limited Edition 100 (boxed). Maximum Coin Mintage: 610.
Royal Mint Product Code: UK22G1G1O
Date of issue: 25 July 2022.
Issue price: £2,625.00
Coins in the British Monarchs Collection featuring King George I:
- 5 oz Gold Proof, King George I, 2022
- 2 oz Gold Proof, King George I, 2022
- 1 oz Gold Proof, King George I, 2022
- 10 oz Silver Proof, King George I, 2022
- 5 oz Silver Proof, King George I, 2022
- 2 oz Silver Proof, King George I, 2022
- 1 oz Silver Proof, King George I, 2022