Loading...

UK Royal Mint £50 Coin Commemorating Longest Reigning Monarch Has Intrinsic Value Of £10

2015-12-16 Wed

The UK Royal Mint celebrated the longest reigning monarch, Queen Elizabeth, with a silver coin. The Britannia 2015 UK £50 fine silver coin contains 31 grams of 999 fine silver and has an intrinsic value of £9.30. While the metal may be worth less than the face value, commemorative coins usually are priced higher than it costs to mint them. The design, quality, and the detailing on the coin is certainly worth the amount.

Commemorative and other out-of-circulation coins are a good investment as their value only increases with time. They are one of two alternative investment options that have not lost money since 2005. The other is stamps.