The Royal British Mint has announced the release of an impressive new series of gold and silver bullion coins entitled “The Queen’s Beasts.” The series will pay homage to Queen Elizabeth II by depicting various heraldic animals symbolizing strains of her ancestry.
The first design, created by Jody Clark, will be available on one-ounce and 1/4-ounce gold coins, as well as on two-ounce silver issues. The one-ounce gold coins can be purchased now from authorized bullion dealers, while the others issues are expected shortly.
The obverse features an image of a heraldic lion, one of ten creatures representing the genealogy of Queen Elizabeth II that were rendered as six-foot sculptures for the occasion of her coronation in 1953. Other heraldic creatures represented by the statues included the griffin, falcon, bull, yale, greyhound, dragon, unicorn and horse. Inscribed along the rim of the coin are LION OF ENGLAND, 1 OZ, FINE GOLD, 999.9, and 2016.
The obverse features an effigy of Queen Elizabeth II with the inscriptions ELIZABETH II, D.G. REG. F.D., and 100 POUNDS.
Mintage details are still sketchy and it will be interesting to see whether the Mint strikes enough of these coins to keep their costs close to spot value, especially as regards the 2 oz. silver version. Updates will be added to this post as more information becomes available.
For more information on the Royal Mint’s new “Queen’s Beasts” bullion series, please visit the Mint’s Web site.
Correction: An unfinished draft of this article was previously posted on 3/28; the post has since been updated.
Update, 4/1/16: Early reports from the Royal Mint indicate that these coins will not be given a mintage limit and will be produced according to demand.