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Royal Mint launches Robin Hood bullion coin

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The Royal Mint has launched a new bullion collection focusing on myths and legends, starting with a Robin Hood coin.

The one ounce gold bullion coin features a depiction of Robin Hood with bow in hand from designer Jody Clark, who also designed the portrait of Her Majesty The Queen on the coin’s obverse.

The coin is struck in 999.9 fine gold and finished to the Royal Mint’s bullion standard, with a one ounce silver edition also available. Two more coins inspired by the Robin Hood legends will follow, featuring Maid Marian and Little John.

A single gold bullion coin comes with an estimated price of £1,377.24 at the time of writing. Its pricing is based on the live metal prices, so can change. The silver coin meanwhile will set you back £26.69.

Andrew Dickey, divisional director of precious metals at the Royal Mint, said that the new myth and legend coin collection was inspired by classic stories, and made an investment fit for the future thanks to the latest innovation and security features.

He continued: “As a leader in precious metals, The Royal Mint’s bullion range is recognised by investors across the globe and admired for the standards of quality and accuracy that you’d expect from a world-leading mint. Gold is regarded as a safe haven asset, and has increased in popularity this year as it has become more accessible.”

Last year, the Royal Mint launched a new digital gold savings account aimed at children. It allows adults to invest in fractional digital gold on a child’s behalf, either making monthly payments or one-off deposits into a Little Treasures account.

Gold has been one of the beneficiaries of the pandemic, with demand increasing sharply as it is seen as a secure asset. While the price of gold has dropped from its high of £1,586 last August to £1,256 today, it remains significantly higher than the typical prices seen in recent years.

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