Silver Kilo 2015 Churchill, Coin from United Kingdom - detailed information

Like many other mints, the Royal Mint issues bullion coins in precious metals, having much higher intrinsic value than their face value. Most of these by tradition are measured in troy ounces of fractions thereof, but the mint also introduced metric coins measuring one kilogram of pure metal (they are actually fractionally heavier as a whole, to account for the small amount of other metal in the alloy).

The 1 kg silver coins are denominated as Five Hundred Pounds (£500), although their intrinsic (bullion) value is much higher than their face value. The coins vary in design depending on the occasion (they are "one-year" types usually issued in parallel with smaller denominations with the same reverse designs).

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.

This commemorative 1 kg silver coin marks the 50th anniversary of the death of Sir Winston Churchill.

Sir Winston Leonard Spencer-Churchill (1874 - 1965) was a British politician, army officer, and writer. He was the Prime Minister of the United Kingdom from 1940 to 1945, when he led Britain to victory in the Second World War, and again from 1951 to 1955. Widely considered one of the 20th century's most significant figures, Churchill remains popular in Britain and throughout the West, where he is seen as a victorious wartime leader who played an important role in defending Europe's liberal democracy from the spread of fascism. Praised as a social reformer and accomplished writer, among his many awards was the Nobel Prize in Literature.

The reverse design is reminiscent of the 1965 commemorative crown coin issued immediately after Churchill's death.