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Lion Queen’s Beast Gold 1oz

Product code: GBEA16

£2,767.15

Incl. £0.00 VAT

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Specifications

Manufacturer
Royal Mint
Country
UK
Fineness
999.9
Total Weight (grams)
31.21
Pure Metal Weight (g)
31.103
Diameter
32.69mm
Face Value
£100

Lion Queen’s Beast

The Gold Lion Queen’s Beast marks the start of a new Royal Mint series. The 1oz Gold bullion coin is the first of ten in the series. These are brand new coins issued by The Royal Mint. Coins will come loose or maybe in Royal Mint tubes for orders of ten or more. Individual coin capsules can be ordered from us to safeguard coins.

Reimagined by renowned designer Jody Clark, the lion represents the first of the ten heraldic beasts which stood guard at Queen Elizabeth’s coronation in 1953. The 10 heraldic beasts represent Elizabeth’s ancestry.  Positioned at the temporary annexe of Westminster Abbey for the Queen’s coronation, the 10 uncoloured statues each held a (coloured) shield with a coat of arms reflecting some part of the queen’s genealogy. The originals were designed by James Woodford, after being commissioned by the British Ministry of Works. The idea derived from ten similar beast statues housed at Hampton Court Palace whose originals were made for King Henry VIII more than four decades ago. While they reflected heraldic arms of Henry’s ancestry, the new statues were to represent Elizabeth more closely. The 6-foot high beasts, weighing more than 700 lbs each are now fully painted with colour.

The plaster models can still be found, now housed at the Canadian Museum of History in Quebec, with replicas standing in Kew Gardens.

The 1oz fine gold coin has a face value of £100 and therefore is free from Capital Gains Tax.

The Lion

The lion has long been an animal closely associated with Great Britain so it seems apt that the first coin in the Queen’s Beast series should feature the Lion. Specifically, the crowned golden lion of England has been a supporter of royal arms since the mid-fifteenth century. The shield displays Queen Victoria’s version of the Arms of the United Kingdom. This is split into quarters with two depicting the lions of Richard the Lionheart (twelfth century), one being the harp of Ireland, and the other being the tressure of Scotland. The original launch in 2016 sold-out immediately and the Royal Mint only managed to get more minted three months later. Proof and Silver Lion Beasts have also been produced.

Our Expert Opinion

The Lion Queen’s Beast is undeniably a stunning coin and worth adding to any collection. Premiums can vary depending on supply, but we expect the Queen’s Beasts series to become very collectable and desirable in years to come. Being issued in 24-carat gold, the coins will appeal to the Asian market, especially with the fascinating history linked to the heraldic beasts. The coins will, therefore, offer great upside potential, and with a face value of £100, qualify as legal tender and therefore are tax-free. For any investment other than a small handful of coins, we’d recommend combining these coins with the Britannia which is a standard issue coin offering lower premiums, and the Sovereign which offers a perfect combination of value and divisibility.

Orders are delivered free of charge within the UK only.

Delivery is in non-branded tamper proof packaging by Royal Mail Special Delivery and is fully insured. Delivery usually takes place before 1pm on the day following despatch, but some areas may run over this timeframe.

Maximum value per parcel is £50,000, so larger orders will be sent in multiple installments.
When placing your order, the delivery address needs to match the registered address of the buyer.

You’ll receive a despatch email with a tracking link once the goods are sent so you can see the status of the delivery and location of the parcel.

In the event that no-one is in to receive the delivery, you’ll be left a red card confirming attempted delivery, with confirmation on the Royal Mail tracking page. You then have the choice of arranging redelivery or picking up the parcel from your nearest sorting office.

For more details please see section 4 of our Terms & Conditions and our Delivery & Storage page.

If you request storage for your order, your goods will be sent free of charge to the storage vaults.

All gold & silver orders are stored at Loomis International in the UK and held on a fully allocated and segregated basis.
Storage fees are 1%+VAT/year for gold and 1.5%+VAT/year for silver, subject to minimum charges.

Please see further details of storage fees and minimum charges on our Storage & Delivery page.

Storage is charged at point of purchase by selecting ‘Buy with Storage’ to the next semi-annual pay date. Semi-annual storage dates are 15 March and 15 September each year and are subject to minimum charges for the period.

A recurring storage fee will be taken from your card at each semi-annual storage date.
You can opt to have your goods delivered at any time, subject to delivery charges of £25 +0.25% of the metal value.