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2018 Great Britain 1/4 oz Gold The Gold Standard BU

2018 Great Britain 1/4 oz Gold The Gold Standard BU

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$850.00

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Product Details
Designed in 2016 to mark 200 years since the de facto introduction of the gold standard – tying the value of the British pound to that of gold – The Gold Standard 2018 bullion coin is an annual offering from The Royal Mint.

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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