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Inventory:
1 In Stock
- Product ID: 52924
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| Metal/Chg | Bid | Ask |
|---|---|---|
| Updated: 12/04/24 08:21:01 | ||
Gold
-3.70
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$2,639.71 | $2,652.32 |
The Great Britain 1/10 oz Gold Britannia, minted in 1987, represents a significant chapter in the history of British coinage. The Britannia series was first introduced in 1987 by the Royal Mint as a gold bullion coin, aiming to capture the essence of British heritage and symbolizing strength and resilience. This particular denomination, the 1/10 oz version, was designed to appeal to both collectors and investors looking for a more accessible entry point into the world of gold bullion. The coin's design and historical significance have made it a sought-after piece for numismatists and investors alike.
The introduction of the Britannia coin was part of a broader effort to create a national gold bullion coin that could compete with established international bullion coins, such as the American Gold Eagle and the South African Krugerrand. The Britannia was designed to be an iconic representation of Britain, embodying the country's historical ties to maritime exploration and the power of the British Empire. The 1987 coin marks the beginning of a series that would become a staple of gold bullion offerings for years to come, maintaining its status as a symbol of stability and trust in the marketplace.
The design of the 1987 1/10 oz Gold Britannia is particularly noteworthy. The obverse features a portrait of Queen Elizabeth II, designed by Ian Rank-Broadley. This representation of the queen has been widely regarded as one of the more modern and flattering depictions, showcasing her with a subtle yet dignified expression. The inscription "ELIZABETH II DEI GRA REGINA FID. DEF." surrounds her portrait, translating to "Elizabeth II, by the Grace of God, Queen, Defender of the Faith." This design not only signifies the authority of the British monarchy but also serves as a reminder of the historical context in which the coin was produced.
On the reverse side, the coin features the classic depiction of Britannia herself, an allegorical figure representing Britain. Designed by the artist Philip Nathan, Britannia is depicted standing proud and regal, holding a trident in one hand and a shield emblazoned with the Union Jack in the other. This powerful image is framed by the inscription "BRITANNIA" along with the year of mintage, "1987." The design is rich in symbolism, evoking a sense of national pride and identity. The elegant and intricate details of Britannia's flowing robe and the background waves convey both strength and grace, embodying the spirit of the nation.
Minted by the Royal Mint, the 1/10 oz Gold Britannia has a fineness of .9999 gold, making it one of the purest gold coins available on the market. The decision to use this high level of purity reflects the Royal Mint's commitment to quality and excellence. Each coin is struck with precision, ensuring that it meets the highest standards expected of British coinage. The mintage of the 1987 Gold Britannia is estimated to be around 200,000 pieces, making it a relatively accessible option for collectors and investors alike.
The 1987 Gold Britannia was released during a time when gold was gaining popularity as a safe-haven investment. The global economic landscape of the late 1980s was characterized by fluctuations in currency values and a growing interest in commodities as a means of preserving wealth. This coin quickly became popular among investors looking to diversify their portfolios with tangible assets. Its status as legal tender in Britain, with a face value of 10 pounds, further enhances its appeal, as it is backed by the government and holds intrinsic value based on its gold content.
Over the years, the 1/10 oz Gold Britannia has become a favorite among collectors, not just for its gold content but also for its artistic design and historical significance. It serves as a bridge between modern bullion coins and the rich tradition of coinage in Britain. Collectors appreciate the coin for its aesthetic qualities, while investors recognize its potential for long-term value appreciation. The 1987 coin is often regarded as a landmark in the series, setting the stage for subsequent releases that continue to uphold the legacy of the Britannia.
In conclusion, the Great Britain 1/10 oz Gold Britannia 1987 is a significant piece of numismatic history, reflecting the values and heritage of Britain while also serving as a practical investment. Its exquisite design, high purity, and connection to the nation's identity make it a sought-after coin for both collectors and investors. As the Britannia series has evolved over the years, the 1987 release remains a cherished and essential part of the collection for anyone interested in the rich tapestry of British coinage.