2025 Merlin Myths & Legends 10 oz Silver Bullion Coin

The 2025 Merlin Silver Bullion Coin is part of The Royal Mint's Myths and Legends series, featuring three exciting designs in the King Arthur collection, celebrating the legend of King Arthur.

This coin depicts Merlin, the legendary wizard who serves as King Arthur's mentor and advisor, playing a pivotal role in shaping Arthur and Camelot's destiny.

• Fineness: 999.9 fine silver
• Silver Content: Contains 10 troy ounces of silver
• Tax Benefit: Exempt from Capital Gains Tax
• Weight: 312.1g
• Diameter: 89mm
• Presentation: In capsule

Complete your collection with our Myths & Legends coin collection.

Royal Mint Official Partner

Chards is an official partner of The Royal Mint. Our King Arthur coin range, among other Royal Mint products, are sourced directly from their mint headquarters in Llantrisant, Wales.

What is the Myths and Legends Royal Mint Series?

Myths and Legends is a series of gold and silver bullion coins issued by the Royal Mint. The first series featured characters from Robin Hood, the second series included key characters from King Arthur, and the third series showcases the legendary characters from Beowulf.

Who was Merlin in the Arthurian Legend?

The legend of King Arthur features a mythical figure known as Merlin, who is primarily recognised for serving as Arthur's mentor. In the story, Merlin is a mage who was instructed by King Uther to escort his son to safety due to a Saxon invasion of Britain. The fate of King Uther is open to interpretation, but the story invariably depicts the once-powerful monarch and defender of his people as either slain in battle or assassinated.

Merlin then assumes the role of Arthur's mentor and paternal figure, ensuring that the young man is prepared to rule Camelot as its king. Throughout the tale, Merlin observes as Arthur successfully extracts the magical sword Excalibur from a stone, thereby establishing himself as a noble and formidable ruler.

Legendary Characters of the King Arthur Three-Coin Collection

The first coin in the King Arthurian collection depicted the main protagonist, King Arthur, holding the legendary sword Excalibur. The next release showcased Merlin with his magical staff and an owl perched on his shoulder, set against the backdrop of the mythical island of Avalon. The final release in the series features Morgan Le Fay, King Arthur's evil half-sister, in a battle pose.

Why Is There 2023 & 2025 King Arthur Myths & Legends Coins?

The reason for the staggered release of the 2023 and 2025 Merlin coins is that The Royal Mint typically releases 10-ounce coins in the Myths & Legends series a year or two after the corresponding 1-ounce versions. This explains why there's a year gap between the release dates of the 1-ounce and 10-ounce King Arthur silver coins.

What Is Capital Gains Tax?

Capital Gains Tax (CGT) is a form of levies imposed on the profit garnered from the sale of assets, such as real estate, investments, and collectibles. In the United Kingdom, the present CGT allowance is £3,000 per annum per individual, which implies that one can earn up to £3,000 from the sale of assets prior to being subject to CGT.

For UK residents, bullion coins which are UK legal tender pound sterling coins are exempt from capital gains tax (CGT).

The obverse features the official UK definitive coinage portrait of King Charles III, uncrowned, designed by Martin Jennings. His Majesty's portrait faces to the left and bears an inscription.

CHARLES III · D · G · REX · F · D · 10 POUNDS · 

The reverse was designed by illustrator David Lawrence and shows the legendary wizard Merlin holding a magic staff, with an owl perched on his shoulder. Additionally, the mythical island of Avalon appears in the background, and the design is surrounded by an inscription.

MERLIN · 10 OZ  · FINE SILVER  · 999.9 · 2025