This piece belongs to the Britannia bullion series, which the Royal Mint relaunched in gold in 1987 as Britain's answer to the Krugerrand and Maple Leaf. The 1/20 oz denomination was added to give smaller investors and collectors a lower entry point into the series. By 2018, the fifth portrait by Jody Clark — introduced in 2015 — had replaced the long-running Ian Rank-Broadley effigy that defined the series for nearly two decades.
The .9999 fineness was adopted to bring Britannia gold in line with competitors; earlier issues from 1987 through 2012 were struck at the lower .9167 standard.
This piece belongs to the Britannia bullion series, which the Royal Mint relaunched in gold in 1987 as Britain's answer to the Krugerrand and Maple Leaf. The 1/20 oz denomination was added to give smaller investors and collectors a lower entry point into the series. By 2018, the fifth portrait by Jody Clark — introduced in 2015 — had replaced the long-running Ian Rank-Broadley effigy that defined the series for nearly two decades.
The .9999 fineness was adopted to bring Britannia gold in line with competitors; earlier issues from 1987 through 2012 were struck at the lower .9167 standard.