The Royal Mint introduces the culmination of its distinguished three-coin Myths and Legends series, presenting the iconic Morgan le Fay. A symbol deeply rooted in Arthurian myth, Morgan le Fay is depicted adorned with a striking winged headpiece, poised to manifest her famed sorcery. The meticulous design showcases the sorceress against a distinct micro-dot textured backdrop, augmenting both the coin’s aesthetic appeal and security.
The coin’s reverse boasts an intricate portrayal of Morgan le Fay, masterfully crafted by renowned coin artist David Lawrence. On its obverse, it features the esteemed portrait of King Charles III by Martin Jennings, accompanied by a £100 monetary denomination. Made with a composition of 1 Troy Ounce of Fine Silver struck to a bullion standard. Authentically produced by The Royal Mint, each individual coin is secured in a single coin capsule.
UK residents can enjoy the dual advantages of exemption from both VAT and UK Capital Gains Tax.
Assurance from the UK Government regarding weight and purity.
A piece celebrating the illustrious legends of King Arthur, with previous coins showcasing the tales of the legendary King himself and the enigmatic Merlin.
Why buy silver bullion coins?
Investors will enjoy buying silver coins instead of bars for the sake of collecting. In fact, some silver coins like the Chinese Panda, or the Australian Kangaroo series have a design that changes every year. You can then start collecting each minting year in a bullion series. In summary, buying 1oz silver coins add enjoyment and collectability to silver bullion investment.
In most cases, choosing between silver coins or bars will be a matter of preference. It will depend on your investment goals and motives. In general, silver coins carry a higher premium as opposed to bars. However, most silver bullion coins are more affordable.
Such coins like the silver britania are produced in large quantities every year. As a result, these coins are very popular in the market, have high market liquidity and are easy to trade. This makes silver bullion coins appealing as an investment choice.
Finally, some silver coins have additional tax added benefits. Silver Britannia for instance is ideal for British investors because they are exempt from Capital Gain Tax (CGT). This is due to the legal tender status of the coin in the UK. Similarly, Silver Eagle can be used in IRA plans for US citizens.