2016 .25oz British £25 Gold Standard
- An Augusta Precious Metals Exclusive
- Issued by the British Royal Mint
- Issue Year: 2016
- Brilliant Uncirculated Condition
- IRA Eligible
- 1/4 oz .9999 Fine Gold
- Mintage: 5,661
Please call 800-700-1008 for alternatives.
This unique new release exclusive to Augusta Precious Metals from the British Royal Mint celebrates the "Gold Standard" monetary system wherein the value of a country's money is tied to the amount of gold the country possesses. Anyone holding that country's paper money could present it to the government and receive an agreed value (par value) from the country's gold reserves.
The Gold Standard was established in 1816 by the Coinage Act, which defined the value of gold sterling relative to gold. Britain led the way and was the first country in the modern era to adopt the standard. Other European and Western countries soon followed. Up until the First World War, the Gold Standard encouraged stability in prices, and has the Queen Elizabeth II on the reverse.
This is a premium coin, meaning its value is tied to factors other than the value of the spot price of the precious metal it contains. Valuation factors include, but are not limited to, speculative interest, collector and investor demand, available supply, industry promotions, perceived value, economic conditions, and other factors we deem relevant. The value assigned to this coin at any given time may vary from retailer to retailer and Augusta cannot guarantee another retailer will value this premium coin at the same rate as Augusta would in any given circumstance. Augusta cannot guarantee buy-back of any item it sells and cannot guarantee another retailer will purchase this premium coin. For up-to-date market pricing and availability, please contact us directly.