2022 Great Britain 1/10 oz Gold The Gold Standard BU
$399.99
You could earn points ($) to invest in gold and silver when you make this purchase with The Bullion Card from APMEX
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Any Quantity | $399.99 | $404.16 | $416.66 |
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Coin Highlights:
- Contains 0.10 oz of gold.
- Coins come 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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