Part of the Queen’s Beast bullion collection, the 2016 Silver Lion was the first 10oz silver bullion coin issued by The Royal Mint. This is a brand new silver coin, packed individually in protective plastic capsules, or in boxes of 15 for larger orders.
Struck in 999.9 fine silver, the obverse contains the Jody Clark portrait of Queen Elizabeth II and the reverse contains the Jody Clark design of the Lion of England. This is one of 10 heraldic beasts which featured as stone statues at Westminster Abbey during the Queen’s coronation.
The face value of this coin is £5, and it is exempt from Capital Gains Tax.
A fantastic coin in so many ways, reflected in the consistent demand we see from both investors and collectors alike.
Silver coin collectors desire the coin as it’s limited in issue, part of collectible ten part series, and possesses a wonderful mix of British history and heritage. Due to these factors, we expect coin values to increase quicker than standard bulk issue bullion coins. We’d recommend trying to accumulate other coins in this series such as the Silver Griffin as complete collections may command higher prices in the numismatic world than individual coins. Other Royal Mint coins which holf similar appeal is the Silver Lunar series. Definitely worth checking out.
The beautiful detail of the coin appeals from an aesthetic perspective, but also appeals from a value consideration. The relative cost of manufacture is lower in a 1oz coin when compared to 1oz silver coins. Value is also prominent due to the economic bullion finish to the coin, rather than the premiums of proof coins or those in presentation boxes. The fact that the coin boasts a face value, qualifies it as legal tender. While it wouldn’t be wise to spend it in the shops (with the coin value out ranking the face value significantly), it does mean that any gains made on selling the coin are free from tax.