Like many other mints, the Royal Mint issues bullion coins in precious metals, having much higher intrinsic value than their face value. The five ounce (5 oz) silver coins are denominated as ten pounds (£10).
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 £10 coin commemorates the First World War Centenary and is part of a five-year programme (this is the fourth year in which the series was issued).
The reverse features an original design by Philip Jackson, Royal Sculptor to Her Majesty The Queen. Having an internationally renowned reputation in memorial sculpture, Philip Jackson’s public works include the Mahatma Gandhi Statue in Parliament Square, the Korean War Monument in Westminster, the seven-figure Bomber Command Memorial statues in Green Park and the National Memorial Sculpture to Her Majesty The Queen Mother, which stands in The Mall.
The inspiration for the design of this coin comes from the Jackson’s years of study of First World War poetry. The poetry of Rudyard Kipling in particular has inspired the theme of remembrance expressed in the design; the poet was the founding member of the Commonwealth War Graves Commission, a group that changed the way war casualties are commemorated. | 
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