2017 Queen’s Beasts Red Dragon of Wales 1 Ounce Gold Bullion
One ounce .9999 gold bullion Queen's Beasts coin with Welsh dragon design.
The Queen’s Beasts
New coins in the Royal Mint's Queen's Beasts collection have been flying off the shelves since the first design was revealed in 2016. Coins in the collection combine lifelike animals with graphic heraldic elements.
The series was inspired by ten statues – crafted by sculptor James Woodford – that stood guard during the Queen's 1953 coronation. Featuring the real and mythological beasts that appear on the coats of arms of British royal houses, the Queen's Beasts symbolise Her Majesty's noble lineage.
All ten designs in the series, as well as the final Completer piece, released in 2021, are the work of the Royal Mint's Jody Clark. He's in the unusual position of having his work on both sides of the Queen's Beasts coin as he is also responsible for the fifth definitive portrait of Elizabeth II.
Red Dragon of Wales
The image of the Y Ddraig Goch (red dragon) has been associated with Wales since as early as the sixth century. The snarling serpent that stars on this coin curls its tail around the coat of arms of Llywelyn ap Gruffudd, the last native Prince of Wales before the nation’s conquest by English King Edward I.
Later, the Red Dragon was coopted as a heraldic supported by the House of Tudor, the Welsh dynasty that ruled England and Wales from 1485 to 1603. The beast takes centre stage on the national flag of Wales where it appears 'passant' on a green and white background.
The Red Dragon was the third Queen's Beasts bullion coin, released in 2017. A proof edition would be offered the following year.
One Ounce of Gold
This Queen's Beasts coin is struck to an uncirculated finish in 31.21 grams of 999.9 fine gold and contains one troy ounce of precious metal. This 22 carat gold composition makes them purer than Gold Britannias which are slightly heavier but contain a similar amount of gold.
The face value of this Red Dragon coin is £100 / One Hundred Pounds.
This gold bullion coin is legal tender and therefore exempt from Capital Gains Tax in the UK and European Union. An additional benefit: these one ounce Queen's Beasts Completer coins are VAT free making them an excellent investment.
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