1 oz Robin Hood Platinum Coin

Royal Mint Myths and Legends Platinum: Robin Hood in Britain's Rarest Bullion Metal

The 1 oz Royal Mint Robin Hood Platinum Coin extends the Myths and Legends series into platinum, combining Jody Clark's Sherwood Forest design with .9995 fine platinum and UK legal tender status. The Robin Hood chapter of the Myths and Legends programme originally launched in 2021 in gold and silver, with platinum versions adding a scarcer format to the collection.

The coin depicts Robin Hood perched on an oak branch in Sherwood Forest, bow drawn and ready, framed by dense foliage. Jody Clark, who also designed the current Queen Elizabeth II coinage portrait used across the Commonwealth, created both the obverse and reverse, giving the coin unusual artistic coherence where the same hand is responsible for both sides.

For platinum buyers, the Robin Hood coin offers something the major bullion workhorses (Eagle, Maple, Britannia) do not: a themed narrative design with limited production. The Royal Mint does not publish bullion mintages for the Myths and Legends series, but production is understood to be substantially lower than the flagship Platinum Britannia. This positions the Robin Hood as both an investment-grade platinum holding and a collectible piece with design appeal that may command secondary market premiums above melt value.

As UK legal tender with a face value tied to the pound sterling, the coin qualifies for CGT exemption for UK residents, making it one of the few platinum products that avoids both purchase VAT and disposal CGT in the UK market.

Robin Hood Platinum Coin Dimensions and Composition

The coin carries a micro-dot table texture as a security feature, consisting of a textured surface pattern visible under magnification. This is a standard element across Royal Mint bullion coins that adds machine-readable authentication beyond what visual inspection alone can detect. The milled edge provides additional authentication through precise, consistent grooves that are difficult to replicate in counterfeit production.

At 32.69 mm diameter, the platinum version matches the dimensions of Royal Mint's other 1 oz platinum coins. Platinum's density (21.45 g/cm3) means the coin is physically smaller than a 1 oz silver version of the same design (which measures 38.61 mm), despite containing the same troy ounce of metal by weight. The size difference is immediately apparent in hand and is itself a basic authentication indicator, as platinum's density cannot be replicated with cheaper metals at the same dimensions.

Robin Hood Platinum: CGT Exemption and Purchase Tax

The Royal Mint Robin Hood platinum coin benefits from UK legal tender status, which provides significant tax advantages for UK buyers compared to non-UK platinum coins.

• United Kingdom (CGT): CGT-exempt. As UK legal tender with a GBP 100 face value, the coin qualifies for Capital Gains Tax exemption under HMRC rules. This exemption applies regardless of how much the coin appreciates. This is a substantial advantage given that platinum bars and non-UK platinum coins are subject to CGT at 18-24% rates with only a GBP 3,000 annual allowance.
• United Kingdom (VAT): Investment gold coins from the Royal Mint are VAT-free. However, platinum coins from the Royal Mint carry 20% VAT on purchase, the same as silver. The CGT exemption on disposal partially compensates for this entry cost.
• United States: IRA-eligible. The .9995 purity and sovereign mint status meet IRS requirements. State sales tax exemptions vary. Long-term capital gains at the 28% collectibles rate.
• EU: Standard VAT applies to platinum coins (17-27% depending on country). No investment platinum exemption equivalent to the gold directive exists in EU law.
• Canada: GST/HST exempt for platinum exceeding 99.5% purity.
• Australia: GST-free for investment platinum at 99% or higher purity.
• Singapore: GST-exempt as IPM at 99%+ purity for legal tender coins. No CGT.
• New Zealand: GST-exempt for platinum at 99%+ purity. No CGT.

The key UK consideration: the Robin Hood platinum coin is one of only a handful of platinum products that offer CGT exemption. The Platinum Britannia shares this status, as do other Royal Mint platinum legal tender coins. Non-UK platinum coins (Eagle, Maple, Kangaroo) do not qualify.

Robin Hood vs Britannia, Tudor Beasts, and the Platinum Eagle

The Robin Hood platinum coin occupies a specific niche within a small market. It competes both with other Royal Mint platinum products and with international sovereign alternatives.

The Platinum Britannia is the Royal Mint's flagship platinum coin and the natural comparison. Both share .9995 purity, GBP 100 face value, CGT exemption, and Royal Mint provenance. The Britannia has wider dealer availability, higher production volumes, and greater secondary market liquidity. Its advanced security features (latent image, surface animation, tincture lines) exceed the Robin Hood's micro-dot texture. The Robin Hood's advantage is its themed design and collector appeal, which may generate premiums above melt that the Britannia does not.

The Royal Mint Tudor Beasts series (2023 onwards) produces platinum coins with heraldic creature designs that change annually. Like Robin Hood, these are UK legal tender with CGT exemption. The Tudor Beasts are the current successor to the Queen's Beasts (2016-2021) and have ongoing production, while the Robin Hood chapter is limited to its original release window.

The American Platinum Eagle has the deepest North American market and the widest liquidity for any platinum coin globally. It lacks CGT exemption for UK buyers and does not carry the themed design appeal of the Robin Hood. For US buyers without CGT considerations, the Eagle's liquidity advantage is decisive.

The Canadian Platinum Maple Leaf is typically the most competitively priced sovereign platinum coin when in production. It carries Bullion DNA security technology but a fixed design with no collector narrative. Its production has been intermittent in recent years.