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| 背面描述 | A standing allegorical figure of Britannia is depicted in three-quarter view, holding a trident in her left hand and a shield decorated with the Union Jack in her right. The composition conveys strength and maritime heritage, with the date 2020 appearing to the right of the figure. The legend BRITANNIA arcs across the upper field, while the fineness and weight specification — 1/4 oz 999 FINE SILVER — appear in the lower field. The engraver's initials JT, for James Tottle, are incorporated into the design. |
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| 边缘 | Reeded |
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| 附加信息 |
The fifth portrait of Elizabeth II, sculpted by Jody Clark and introduced in 2015, was the first royal effigy selected without the Queen's personal approval — a break from the convention she herself had maintained since 1952. Whether this departure was practical or political has never been fully clarified by the Palace or the Mint.
The fractional silver bullion programme this piece belongs to launched in 2020, positioning the Royal Mint against established competitors in the fractional silver market. The 50p denomination on a bullion coin is largely nominal — face value has no meaningful relationship to silver content at any realistic spot price.