2024 Four Nations £25 1/4oz Gold Bullion Coin

2024 Four Nations £25 1/4oz Gold Bullion Coin

The 2024 Four Nations £25 1/4oz Gold Bullion Coin is a distinctive Royal Mint bullion release bringing together heraldic symbols representing England, Scotland, Wales and Northern Ireland within a single British gold coin.

Produced by The Royal Mint, the coin is struck in 999.9 fine, 24-carat gold and contains exactly 1/4 troy ounce of fine gold.

The Royal Mint established a maximum worldwide issue of 50,000 coins, while specialist market sources report an actual mintage of 10,000 coins worldwide.

This distinction is important. The 50,000 figure is The Royal Mint’s official maximum issue, while the 10,000 figure is a reported actual mintage rather than a Royal Mint-confirmed final sales figure.

Combined with Gregory Cameron’s distinctive Four Nations design and official £25 UK denomination, the coin offers a different proposition from the more established annual Britannia and Sovereign bullion ranges.

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Why the 2024 Four Nations 1/4oz Gold Coin Stands Out

• 1/4 troy ounce of fine gold
• 999.9 fine / 24-carat gold
• Produced by The Royal Mint
• Royal Mint maximum worldwide issue of 50,000 coins
• Specialist market sources report an actual mintage of 10,000 worldwide
• Distinctive standalone Royal Mint bullion release
• Four Nations heraldic design
• Lion representing England
• Unicorn representing Scotland
• Dragon representing Wales
• Stag representing Northern Ireland
• Central Tudor Crown
• Reverse designed by Gregory Cameron
• King Charles III obverse by Martin Jennings
• Official £25 UK legal tender coin

The combination of quarter-ounce gold content, a defined Royal Mint maximum issue, reported lower actual mintage and distinctive Four Nations design gives this release a clearly identifiable position among modern British bullion coins.

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Reported Mintage of 10,000 Coins Worldwide

One of the most notable characteristics associated with the 2024 Four Nations 1/4oz Gold Bullion Coin is the difference between its official maximum issue and its reported actual mintage.

The Royal Mint established a maximum worldwide issue of:

50,000 coins

Specialist market sources subsequently report an actual mintage of:

10,000 coins worldwide

These figures measure different things and should not be presented interchangeably.

• Royal Mint maximum issue: 50,000
• Reported actual mintage: 10,000

If the reported 10,000 figure is accurate, the quantity produced would represent only 20% of the original 50,000 maximum issue.

The lower figure should nevertheless continue to be described as a reported actual mintage unless and until a definitive final figure is published by The Royal Mint.

For more information about how issue limits and mintage figures should be interpreted, see our Coin Population vs Mintage guide.

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The Four Nations Design

The reverse brings together four heraldic animals representing the nations of the United Kingdom:

• Lion – England
• Unicorn – Scotland
• Dragon – Wales
• Stag – Northern Ireland

The four beasts are arranged around a central Tudor Crown, creating a single composition representing England, Scotland, Wales and Northern Ireland.

This gives the Four Nations coin a markedly different appearance from established British bullion designs such as Britannia and St George and the Dragon.

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Gregory Cameron’s Four Nations Design

The reverse was created by Gregory Cameron.

The design has its origins in Cameron’s work connected with the final round £1 coin before Britain moved to the current 12-sided pound coin.

The Four Nations concept brings national symbols together within one composition and was subsequently adapted into this distinctive precious-metal bullion design.

The result is a modern British bullion coin with a visual identity separate from The Royal Mint’s traditional annual bullion ranges.

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King Charles III Obverse

The obverse carries the official coinage portrait of His Majesty King Charles III, designed by British sculptor Martin Jennings.

The coin carries an official denomination of £25 and is United Kingdom legal tender.

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1/4oz of 999.9 Fine Gold

Each 2024 Four Nations Gold Bullion Coin contains exactly:

1/4 troy ounce of fine gold

and is struck in:

999.9 fine gold / 24 carat

The official coin weight is:

7.80g

with a diameter of:

22.00mm

As a bullion coin, its underlying precious-metal value is directly influenced by movements in the international gold market.

The reported mintage, standalone Four Nations design and market availability provide additional characteristics beyond the coin’s underlying quarter-ounce gold content.

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Bullion Gold with a Defined Maximum Issue

The 2024 Four Nations remains fundamentally a physical gold bullion coin.

Unlike a Proof coin, it was produced to a bullion striking standard and its underlying value remains closely connected to its 1/4 troy ounce of fine gold.

What distinguishes this particular bullion issue is the combination of:

• 1/4oz of 999.9 fine gold
• Royal Mint maximum issue of 50,000
• Reported actual mintage of 10,000
• Standalone Four Nations design
• Official UK legal-tender status

These characteristics do not guarantee future demand or price appreciation. They do, however, distinguish the Four Nations from a conventional unrestricted fractional bullion product.

For more information about the differences between ordinary bullion and professionally graded coins, see our Bullion vs Certified Coins guide.

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2024 Four Nations 1/4oz Gold Coin Specifications

Coin	Four Nations £25 Gold Bullion Coin
Year	2024
Country of Issue	United Kingdom
Issuer	The Royal Mint
Denomination	£25
Metal	Gold
Fineness	999.9 Fine Gold
Carat	24 Carat
Fine Gold Content	1/4 Troy Ounce
Weight	7.80g
Diameter	22.00mm
Quality	Bullion
Royal Mint Maximum Issue	50,000 Worldwide
Reported Actual Mintage	10,000 Worldwide
Reverse	The Four Nations
Reverse Designer	Gregory Cameron
Obverse	King Charles III
Obverse Designer	Martin Jennings
UK Legal Tender	Yes

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UK VAT and Capital Gains Tax

VAT

Qualifying investment gold is exempt from VAT in the UK.

The exemption arises from the UK investment-gold rules rather than simply from a product being made from gold.

Capital Gains Tax

The Four Nations carries an official sterling denomination of £25 and is UK legal tender.

HMRC states that coins which are sterling currency are not chargeable assets for Capital Gains Tax purposes.

You can read the relevant guidance directly in the HMRC Capital Gains Manual.

For a broader comparison of the tax and practical differences between physical gold formats, see our Gold Coins vs Gold Bars guide.

Tax treatment depends on individual circumstances and legislation can change. This information is provided for general educational purposes and does not constitute tax advice.

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Frequently Asked Questions

What is the 2024 Four Nations 1/4oz Gold Coin?

It is an official Royal Mint bullion coin struck in 999.9 fine gold and containing 1/4 troy ounce of fine gold. Its reverse brings together heraldic animals representing England, Scotland, Wales and Northern Ireland.

How many 2024 Four Nations 1/4oz Gold Coins were made?

The Royal Mint established a maximum worldwide issue of 50,000 coins.

Specialist market sources report an actual mintage of 10,000 coins worldwide. Sterling Bullion Partners keeps these figures separate because 50,000 is the official maximum issue while 10,000 is the reported actual quantity minted.

How much gold does the Four Nations coin contain?

The coin contains exactly 1/4 troy ounce of fine gold and is struck in 999.9 fine / 24-carat gold.

Is the Four Nations a Proof coin?

No. The 2024 Four Nations £25 coin offered on this page is a bullion-quality gold coin.

Who designed the Four Nations coin?

The reverse was designed by Gregory Cameron. The obverse portrait of King Charles III was created by Martin Jennings.

What do the four animals represent?

The design uses a lion for England, unicorn for Scotland, dragon for Wales and stag for Northern Ireland, arranged around a central Tudor Crown.

Is the Four Nations coin VAT exempt?

Qualifying investment gold is exempt from VAT in the UK.

Is the Four Nations coin exempt from Capital Gains Tax?

The coin is sterling-denominated UK legal tender. HMRC states that sterling currency is not a chargeable asset for Capital Gains Tax purposes.

Tax treatment depends on individual circumstances and legislation can change.

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Why Buy the 2024 Four Nations 1/4oz Gold Coin?

The 2024 Four Nations £25 1/4oz Gold Bullion Coin combines physical Royal Mint gold with several characteristics specific to this release:

• 1/4 troy ounce of 999.9 fine gold
• Distinctive Four Nations heraldic design
• Royal Mint maximum issue of 50,000 worldwide
• Reported actual mintage of 10,000 worldwide
• Official £25 UK legal tender
• Standalone modern British bullion issue

For buyers looking for fractional Royal Mint gold, the Four Nations provides a different option from the established Britannia and Sovereign ranges while retaining a clearly defined quarter-ounce fine-gold content.

Ready to purchase the 2024 Four Nations 1/4oz Gold Bullion Coin?

View the current price and return directly to the purchase section to add the coin to your basket.

View Price & Add to Basket

Gold prices can change throughout the trading day and availability is subject to stock levels.

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Continue Your Research

Before purchasing physical gold, you may also find the following Sterling Bullion Partners guides useful:

• Gold Coins vs Gold Bars
• Bullion vs Certified Coins
• Coin Population vs Mintage
• How to Buy Gold Coins in the UK

You can also browse our Gold Bullion Coins or visit the Sterling Bullion Partners Knowledge Centre for more guides covering physical gold and modern British coinage.

Weight	.25 oz