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| Qty. | Wire / Check | Credit / Debit Card |
|---|---|---|
| 1+ | $397.40 | $413.30 |
Designed in 2016 to mark 200 years since the de facto introduction of the gold standard – tying the value of the British pound to that of gold – this commemorative coin from The Royal Mint makes a great addition to any historic collection!
Coin Highlights:
The Gold Standard
The journey to Britain’s adoption of a gold standard can be traced through The Royal Mint’s long history, including back to 1717 when Sir Isaac Newton issued a report that led to the gold guinea being assigned a fixed value. The Coinage Act of 1816 changed the financial system in Britain dramatically, and introduced a circulating gold coin - the iconic sovereign. A new gold standard tying the value of the sovereign to a precise measurement of gold was adopted to help stabilize the country’s war-torn economy, and by 1821, a gold standard was fully operational in Britain.
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