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 commemorative 5oz silver coin celebrates one hundred years since the armistice at the end of the First World War. It is the last five-ounce coin in the First World War Centenary Collection.
The Royal Mint says:
"The Armistice was signed 100 years ago, bringing the First World War to an end. A century on, our five-year programme of commemoration telling the story of the conflict from outbreak to Armistice also draws to a close. The final five-ounce coin in the series marks the moment the guns fell silent. It has been struck in five ounces of 999 fine silver, finished to Proof standard - the finest finish used in the minting of commemorative coins.
British sculptor Paul Day is no stranger to creating poignant memorials, one of his most famous pieces of work is the Battle of Britain monument situated on the Victoria Embankment, London. For the reverse of this five-ounce coin he has chosen the image of a lone soldier, reminding us of the human cost of war. Each coin comes with thoughtfully designed packaging, where you can read about the story of the Armistice and the inspiration behind your coin’s moving design. The stories of war are brought to life through specially sourced images and accounts produced in conjunction with Imperial War Museums, who receive a donation from each coin purchased." | 
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