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.
This bullion coin commemorates the Mayflower.
The Mayflower’s voyage in 1620 carried 102 pilgrims (pioneer settlers) and approximately 30 crew members from England to the "New World", to what is now the United States. After ten weeks at sea, they anchored at Cape Cod, Massachusetts, and established the Plymouth colony. This journey marked a significant moment in history, symbolising determination and the pursuit of a new life. |