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10oz Queen’s Beasts Lion Silver Coin (2017)

Product code: 209153

£447.86

Incl. £74.64 VAT

Out of stock

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Specifications

Manufacturer
Royal Mint
Country
UK
Fineness
999.9
Total Weight (grams)
311.03
Pure Metal Weight (g)
311.03
Diameter
89.15mm
Face Value
£10

2017 Queen’s Beast 10oz Silver Lion

Part of the Queen’s Beast bullion collection, the 2017 Silver Lion was the first 10oz silver coin issued by The Royal Mint. This is a 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 £10, and it is exempt from Capital Gains Tax.

Our Expert Opinion

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 10oz silver Dragon as complete collections may command higher prices in the numismatic world than individual coins. Other Royal Mint coins which hold similar appeal is the Silver Lunar series. Definitely worth checking out.

The huge 10oz size appeals from an aesthetic perspective, allowing great detail to the design, but also appeals from a value consideration. The relative cost of manufacture is lower in such a large 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.

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.