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200 Pounds - Charles III 2 oz Fine Gold

Issuer Royal Mint
Year 2026
Type Non-circulating coin
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Reverse description An allegorical figure of Britannia is depicted facing left, striding purposefully toward the sea, her flowing robes animated with movement. She carries a long trident in her right hand and bears a shield adorned with the Union Flag on her left arm, symbolising the defence of the nation. In the background to the right, a lighthouse rises above the waves, reinforcing the maritime theme. The design is attributed to engraver ESD, whose initials appear in the field. The surrounding legend reads BRITANNIA 2026, with MAJESTY, JUSTICE AND PEACE inscribed below, and the specification 2 oz 999.9 FINE GOLD indicated within the design.
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Additional information

The 2026 date places this issue in the third full calendar year of Charles III's reign, a period when the Royal Mint was still managing the considerable logistical task of retiring Elizabeth II's coinage from circulation — a transition affecting more denominations and overseas territories simultaneously than any British succession in the modern minting era. Two-ounce gold bullion pieces occupy an awkward commercial position the Mint has leaned into deliberately, targeting collectors priced out of the kilo market but seeking something beyond the standard one-ounce format.

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