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 commemorative gold coin celebrates the Red Arrows.
The mint says about it: The Royal Air Force Aerobatic Team, who are more commonly known as the Red Arrows, represent the very best of the Royal Air Force (RAF). Each member of the team goes through a series of rigorous tests before they are selected and together, they represent the excellence and capabilities of the service. Renowned for their captivating aerial displays and precision flying, the Red Arrows have flown nearly 5,000 displays in 57 countries since their inception in 1964 and first public show in 1965.
People from a wide variety of RAF roles and professions are key to the success of the Red Arrows and their performances would not be possible without "The Blues", their hardworking engineers and support team on the ground. As the public facing side of the RAF, the Red Arrows also serve as a recruitment tool for the Armed Forces, with many pilots and support staff choosing a career in aviation after seeing the spectacular displays as a child. |