2oz Queen’s Beasts Black Bull Silver Coin (2018)

2018 Black Bull 2oz Silver Coin

The Black Bull of Clarence is the fifth release in the Queen’s Beasts collection, released by The Royal Mint. This is a brand-new bullion finish coin, issued by the Royal Mint. The coins are issued without expensive presentation boxes to maximize the amount of silver for your money. Coins will be packaged loose for small quantities and orders of 10 or more may come in Royal Mint tubes, and monster boxes contain quantities of 200 coins.

This coin is struck in 999.9 fine silver and has a face value of £5. The significance of the face value is that it qualifies this coin as legal tender, and therefore is free from Capital Gains Tax.

Both the obverse and reverse have been designed by Jody Clark offering a lovely consistency rarely seen on coins which usually feature separate designers for each face.

The reverse is Black Bull of Clarence holding a coat of arms and the words ‘BLACK BULL OF CLARENCE-2oz-FINE SILVER-9999-2018’.

The obverse is the fifth portrait of Queen Elizabeth II, which is shared with all the current crop of UK coins.

If you ask the question, “Silver bars or silver coins – which is the best investment?” watch our YouTube video to learn more.

Our Expert Opinion

We love everything about these coins. Their double size (two full ounces rather than the standard 1oz of the Britannia) is impressive and satisfying heavy to handle. They manage to bridge the gap between investment coins and collectors coins wonderfully.

As a silver investment, the coins remain divisible, rather than buying large silver bars, they’re produced to bullion rather than proof finish (offering value), and any gains made on the coins are tax free. The limited issue of the coins combined with being part of a ten coin series makes the coins extra desirable. Due to this, they benefit from a strong silver collectors bid, which in turn enhances the coins as an investment as high demand and limited supply inevitably pushes up prices, especially in years to come when the coins are more difficult to source.

For a balanced portfolio, it would be perfect to combine these coins with the lower cost standard silver Britannia. If you enjoy owning a variety of coins, then we’d strongly advise also buying coins from the fantastic silver lunar series, also issued by the UK Royal Mint.