UK Small Gold Coins Overview
Gold coins are a favorite among bullion investors and coin collectors. Today, there are many types of gold coins available, produced by many different mints. UK gold coins tend to have intricate designs and are often full of symbolism. Although 1 ounce gold coins are very popular with investors and collectors, smaller gold coins have also become more popular.
Smaller weight gold coins may be relatively more affordable for smaller investors or those on a tight budget. Small coins are available in many sizes of less than a single ounce, and are often referred to as fractional coins. Although small coins may be more budget friendly, they may sometimes carry slightly higher premiums than comparable coins of heavier weights. This is due to the fact that production costs for a coin are essentially the same for a ¼ ounce coin and a 1 ounce coin. The 1 ounce, weight, however, has more gold content and with a similar overall premium, investors may potentially get more total gold for the same or similar premium.
Many small UK gold coins are produced by The Royal Mint. This mint has existed for 1100 years or so, and it has commemorated numerous pieces of British history from wars to scientific advances. The Royal Mint is one of the world’s leading export mints, producing coins and medals for an average of 60 countries per year. The Royal Mint has the capacity to produce 90 million coins and blanks per week-which translates to almost five billion coins per year. The mint produces a number of coins with very intricate design details and artistry, making many of its products collectible.
An example of a small UK gold coin is the ¼ once British Gold Sheep coin. Produced by The Royal Mint, this gold coin contains ¼ ounce of 999.9 percent fine gold and is considered good, legal tender with a face value of 25 GBP. This coin series has been produced with limited mintage, and therefore is valued not only for its face value and gold content, but also its potential for collectibility.
The 2016 ¼ ounce British Gold Queen’s Beast Lion coin is another fine example of a small UK gold coin produced by The Royal Mint. This coin pays tribute to the lion, an iconic symbol of England. It also pays tribute to Her Majesty, Queen Elizabeth II. The coin contains ¼ ounce of 999.9 percent fine gold and carries a face value of 25 GBP.
Small gold UK coins are available in numerous designs and make an excellent addition to any coin collection or gold portfolio. Small gold coins are easy to buy from coin shops as well as online dealers, and can be easily stored in a home safe, a bank safe deposit box or in the depository of your choice. With their smaller weights and relatively lower cost compared to heavier gold coins, investors and collectors may be able to diversify their holdings with greater ease by purchasing many different coin types and designs. a