2018 Great Britain 1/4 oz Gold The Gold Standard BU
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Coin Highlights:
- Contains 0.25 oz of gold.
- Coin comes in protective packaging.
- Obverse: Includes the Jody Clark designed effigy of Her Majesty Elizabeth II along with the denomination.
- Reverse: Features the work of Royal Mint graphic designer Dominique Evans of a weight scale, the year and metal content.
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The Gold Standard
The journey to Britain’s adoption of a gold standard can be traced through The Royal Mint’s long history, including back to 1717 when Sir Isaac Newton issued a report that led to the gold guinea being assigned a fixed value. The Coinage Act of 1816 changed the financial system in Britain dramatically, and introduced a circulating gold coin - the iconic sovereign. A new gold standard tying the value of the sovereign to a precise measurement of gold was adopted to help stabilize the country’s war-torn economy, and by 1821, a gold standard was fully operational in Britain.
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