Like many other mints, the Royal Mint issues bullion coins in precious metals, having much higher intrinsic value than their face value. The quarter ounce (1/4 oz) gold coins are denominated as Twenty-five Pounds (£25).
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 other denominations with the same reverse designs.
This coin type is the ninth from a series of ten coin designs known as the Queen's Beasts.
The Queen's Beasts are British coins issued by the Royal Mint in platinum, gold, and silver since 2016. Each of the coins in the series features a stylized version of one of the heraldic Queen's Beasts statues present at the coronation of Queen Elizabeth II representing her royal line of ancestry. It was announced that engraver Jody Clark will design the entire series; he is best known for also designing the Queen's Fifth definitive portrait, which is on the obverse of the coins - so he is in the rare position of having designed both sides.
The Queen's Beasts heraldic statues representing the genealogy of Queen Elizabeth II stood in front of the temporary western annexe to Westminster Abbey for the Queen's coronation in 1953. Each of The Queen's Beasts consists of an heraldic beast supporting a shield bearing a badge or arms of a family associated with the ancestry of Queen Elizabeth II. They were commissioned by the British Ministry of Works from sculptor James Woodford. The statues were uncoloured except for their shields at the coronation. They are now on display in the Canadian Museum of History. There are other statues of the Queen's Beasts, sometimes referred to as the King's Beasts, at Hampton Court Palace and Kew Gardens in London, and on the roof of St George's Chapel, Windsor Castle.
The White Greyhound of Richmond was a badge of John of Gaunt, 1st Duke of Lancaster, Earl of Richmond, 3rd son of King Edward III. It was also used by his son King Henry IV and especially by King Henry VII. The Tudor double rose can be seen on the shield, one rose within another surmounted by a crown. It symbolizes the union of the two cadet houses of Plantagenet - the House of York and the House of Lancaster.
The White Greyhound Richmond quarter-ounce gold bullion coins were sold by the Royal Mint in individual plastic capsules, in Brilliant Uncirculated grade. There is also a different 1/4oz proof coin. | 
Search for United Kingdom: Gold Quarter Ounce 2021 White Greyhound of Richmond, Bullion on eBay 
