Silver Ounce 2024 Myths and Legends - Robin Hood, 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.

This is the first design in the Myths and Legends range of coins by the Royal Mint; it features legendary outlaw Robin Hood.

The Mint says about this coin:
"An elusive outlaw known for his fighting ability, cunning and wit, Robin Hood emerges from the forest to appear on the fourth commemorative coin in our Myths and Legends Collection and the first of a new Robin Hood collection."

The design is actually the first in the series, but the earlier edition (in 2021) was as bullion and not as a proof commemorative.