Royal Mint produces limited edition £100 coin

Banking and Borrowing

Simon Ward
Updated on 30 December 2014 | 2 Comments

There are 50,000 coins to be sold at face value to mark 2015.

The Royal Mint has announced that it is producing a limited edition £100 coin to mark the new year.

Only 50,000 of the coin, which will be sold at face value and is legal tender should you want to spend it, will be made.

Fittingly for a commemorative new year coin, it features the Elizabeth Tower of the Houses of Parliament, which houses Big Ben, on the reverse or ‘tail’ side, with the queen on the obverse or ‘heads’ side.

The coin is made of two ounces of 999 fine silver. The Elizabeth Tower portrait was created by Royal Mint engravers Glyn Davies and Laura Clancy.

It’s the first £100 coin sold at face value.

The Royal Mint has also recently produced a commemorative set of coins to mark the centenary of the start of the First World War.

More from lovemoney.com:

What the stock market did in 2014

Quarter plan to cut spending in 2015

Family debt more than doubled in last six months

Comments

Be the first to comment

Do you want to comment on this article? You need to be signed in for this feature

loveMONEY.com Financial Services Limited is authorised and regulated by the Financial Conduct Authority (FCA) with Firm Reference Number (FRN): 479153.

loveMONEY.com is a company registered in England & Wales (Company Number: 7406028) with its registered address at First Floor Ridgeland House, 15 Carfax, Horsham, West Sussex, RH12 1DY, United Kingdom. loveMONEY.com Limited operates under the trading name of loveMONEY.com Financial Services Limited. We operate as a credit broker for consumer credit and do not lend directly. Our company maintains relationships with various affiliates and lenders, which we may promote within our editorial content in emails and on featured partner pages through affiliate links. Please note, that we may receive commission payments from some of the product and service providers featured on our website. In line with Consumer Duty regulations, we assess our partners to ensure they offer fair value, are transparent, and cater to the needs of all customers, including vulnerable groups. We continuously review our practices to ensure compliance with these standards. While we make every effort to ensure the accuracy and currency of our editorial content, users should independently verify information with their chosen product or service provider. This can be done by reviewing the product landing page information and the terms and conditions associated with the product. If you are uncertain whether a product is suitable, we strongly recommend seeking advice from a regulated independent financial advisor before applying for the products.