Silver Ounce 2017 Big Ben, 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. The one ounce (1 oz) silver coins are denominated as either two pounds (£2) or five pounds (£5), depending on the occasion.

Initially, these were only of the Britannia type, but in 2015 the Royal Mint started to use the format for coins with other types of reverse designs, celebrating various aspects of British heritage.

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.

Known to most as Big Ben, the iconic towering structure at the north end of Britain's Houses of Parliament is actually called the Elizabeth Tower since 2010, in honour of Queen Elizabeth II. The structure takes its common name from the tone of the bell that rings out from the top of the tower at the top of each hour of the day.

This coin is the first issue from a new series of silver coins known as the Landmarks of Britain.