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The Royal Mint &
United Kingdom Bullion Coins

The Royal Mint is the world's leading exporting mint.

The Royal Mint makes United Kingdom bullion coins, numismatic proof coins, circulated coins, medals, and commemorative coins for over 60 countries.

In addition to being a major coin production facility, the Royal Mint also wholesales its bullion and numismatic coins through a number of distribution channels

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The History of the Royal Mint

Tower of London

The Royal Mint has been Britain's official and chief mint for over 1,000 years, it became a single institution in 886AD, during the reign of Alfred the Great.

The mint is Britain's oldest manufacturer.

In 1279, the Royal Mint moved to the Tower of London, for better security.

During the reign of Henry VII, in 1489, the mint produced its first Gold Sovereign.

British Gold Sovereigns are the oldest gold bullion coins that are still in production.

In 1717, to help England with their fiat money troubles of the time, Sir Isaac Newton, who was Master of the Royal Mint, introduced a fixed ratio between gold and silver of 15½:1.

He moved the Pound Sterling, which was the silver standard of the time, to the gold standard by setting the bi-metallic relationship between gold coins and the silver coins, in favor of gold.

This created the first recorded Gold Standard.

From 1279 to 1811, the Royal Mint was located in the Tower of London.

The building was rebuilt in the 1880s to accommodate new machinery which increased the Mint's capacity.

During WWII, the Germans bombed the Royal Mint several different times and at one point was put out of commission for three weeks.

In the late 1960's, the Tower Hill site had reached full capacity and had become too small of a location for the mint's needs.

The Royal Mint needed a larger facility to strike hundreds of millions of decimal coins, while at the same time servicing its overseas customers.

Gold Sovereign

In 1967, it was announced that the mint would change locations, away from the Tower of London and move to Llantrisant, in South Wales, the new location occupies 38 acres.

The first building, at the Royal Mint's new location was opened by her Majesty, Queen Elizabeth II, in December of 1968.

Production gradually shifted to the new site over the next seven years, until the last coin, a Gold Sovereign, was struck at the Tower of London, in November of 1975.

Since 2009, the Royal Mint operates as the Royal Mint Ltd, as a private company it has an exclusive contract with HM Treasury to supply all coinage for the UK.

Source: The Royal Mint

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Bullion Coin Values

The "Face Value" of a bullion coin, does not represent the "Real Value" of the precious metals contained within the bullion coin.

U.K. Bullion Coins are generally bought and sold based on the current market spot price of gold or silver, plus a small premium to cover minting, handling, distribution, and marketing costs.

Gold and Silver Bullion Coins from the UK often carry a higher premium than that of other bullion coins due to their low mintage and proof-like finish.

Gold and Silver Spot Price Charts are located on every one of the bullion coin pages below.