This set contains the series of four national designs based on bridges by Edwina Ellis. This gold one pound coin set is struck in 22 carat gold to a proof finish and comes in a presentation box with a certificate of authentication.
This is a fantastic opportunity to purchase proof coins of numismatic interest at bullion prices!
Since 1983, when the new pound coin was issued, the designs on the reverses of the coins have been changed in cycles of five years, one 'British' version, and four other designs each representing the four constituent parts of the United Kingdom.
We have never had an explanation from the Royal Mint as to why this set was issued as "patterns", and also why they are all dated 2003 when we expected them to be dated 2004, 2005, 2006, and 2007. We can only conjecture that they are not permitted to produce or release legal tender coins bearing a future date, and there may have been some complex legal reason why permission could not be obtained to release them as legal tender coins. Whatever the reasons, the coins bear the inscription "PATTERN" where they would normally say "ONE POUND". They also have a plain edge rather than a reeded and inscribed edge, and the coins are hallmarked on their edge, the first time this has been done on British coins, although we note this has also been done on the new 2004 pattern issue. The issue limit was 3,000 sets.
As these are pattern coins, they have no denomination and are not legal tender. For this reason the coins are not considered investment gold, meaning they would be subject to VAT if purchased new. However, we bought these sets in bulk so, these coins are secondary market, the only VAT you pay is on our profit, and this is included in the premium.
The obverse bears the fourth definitive UK coin portrait of Elizabeth II by Ian Rank-Broadley and the inscription:
ELIZABETH ·II·D·G REG·F·D·2003
The Scottish Forth Railway Bridge is the first design in the Bridges Series by Edwina Ellis. The second design, issued in 2005, is the Welsh Menai Straits Bridge. The third design is the 2006 Northern Irish Egyptian Arch Railway Bridge, which is on the main Dublin to Belfast railway line. The last of the four designs 2007, is the English Gateshead Millennium Bridge.
|Alloy||22 carat gold|
|Actual Gold Weight||0.5779 Troy oz|
|Obverse Designer||Ian Rank-Broadley|
|Reverse Designer||Edwina Ellis|
|Actual Gold Weight||2.3116|
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Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their gold content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
Gold investment products are VAT free. Silver investment products are inclusive of VAT at the current rate unless otherwise stated.
All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out.
If your product is not a graded coin and is considered a bullion item it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes, therefore some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.
Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.
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We aim to dispatch orders within 48 hours of receiving cleared funds. Our standard delivery methods are as follows
If you wish to have your order sent by an alternative method (e.g., Saturday Guaranteed) please contact +441253343081 for more information. Please note, we will not dispatch high value orders over a bank holiday weekend.
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We offer fully insured delivery on all special delivery options. We do need to pass on the cost of this insurance as it soon adds up shipping high value gold and silver products.
If you require any assistance please do not hesitate to call the showroom on +441253343081 and one of our team can discuss your purchase.