This 2003 British Bridges Pattern Collection contains the series of four national designs based on bridges by Edwina Ellis. This gold proof set is struck in 22 carat gold and comes in a presentation box with a certificate of authentication.
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, these coins are secondary market, the only VAT you pay is on our profit, and is included in the premium.
At 5% premium, they're lower than some of our bullion coins - including sovereigns! This is a fantastic opportunity to purchase numismatic items at bullion prices! This item is sold as an investment product.
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.
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|