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Royal Mint expands bullion coin range as demand soars

November 13, 2012 in Gold, Gold Coins, Investing, Silver, Silver Coins, World Coins

12 Nov 2012
By: Jenny Cosgrave (http://www.investmentweek.co.uk)

The Royal Mint has launched a range of products to meet increasing investor demand for its bullion coins.

Its 2013 bullion range will include a gold sovereign struck from 22 carat gold, as well as a Britannia 1oz gold (99.9%) coin and a Britannia silver (99.9%) coin aimed at the domestic and international bullion market.

Sales of the Royal Mint’s Britannia bullion doubled in the first quarter of the year compared to last year’s sales, so the Mint said it has improved production techniques to increase stock availability in order to meet global appetite.

Nick Bowkett, bullion sales manager at the Royal Mint, said investors have turned to gold and gold coins as a safe haven for centuries, particularly during times of economic uncertainty or financial insecurity.

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