Description
The Loch Ness Monster is the first release in The Royal Mint’s new Legendary Creatures bullion coin series, a collection celebrating the mythical beasts of folklore from Britain and beyond. Scotland’s most famous legend leads the series, and few creatures anywhere in the world are as instantly recognisable as Nessie.
The reverse depicts the monster rising from the waters of the loch, a design that draws on the enduring mystery surrounding the creature and the famous ‘surgeon’s photograph’ of 1934. The obverse carries the official coinage portrait of His Majesty King Charles III by Martin Jennings. With a maximum mintage of just 5,000 coins, this first release in a brand new series is likely to attract strong interest from collectors as well as investors.
Struck in 999.9 fine gold to Bullion standard, the coin weighs 31.21 grams, measures 32.69mm in diameter and carries a face value of £100. As UK legal tender, the coin is exempt from Capital Gains Tax, an attractive proposition for investors and collectors alike.
Why buy 1 oz gold coins?
One ounce gold coins are popular in the gold bullion market. They are a great way to split your precious metal holdings in smaller fractions. In fact, a large gold bar is not always the best option. Even if you will pay less per gram with gold bars, a large gold bar will restrict the fungibility of your investment. Buying 1 ounce gold bullion coins make your investment more divisible and liquid. In fact, you can trade few gold coins when you need cash, instead of selling a whole bar at once. On the other hand, a large gold bar will be more difficult to convert into cash. Therefore, it is worth paying a slightly higher premium above the gold spot spot price.
