2017 2 Oz Silver Great Britain Queen's Beasts (Griffin) - BU

Buyback price:  $112.37
Bullion Standard Pro Buyback price:  $113.97

Product ID: BST-000414C60F

Specifications

Year 2017
Precious Metal Type Silver
Bullion Coin Type Queen's Beasts
Format Coin
Country of Origin Great Britain
Brand/Mint The Royal Mint
Purity 0.9999
Weight 2 oz
Thickness (mm) 6 mm
Diameter (mm) 38.61 mm
Inner Pack (Quantity) 10
Outer Pack (Quantity) 200
Grade BU

Product Details

Overview of the 2017 Queen's Beasts Griffin 2 oz Silver Coin

The 2017 Queen's Beasts Griffin is a 2 troy oz silver coin struck by The Royal Mint of the United Kingdom in .9999 fine silver. It is part of the acclaimed Queen's Beasts series, a ten-coin collection that draws from the heraldic tradition of Great Britain and carries legal tender status under the authority of the British Crown. The coin's 2 oz format and exceptional purity place it firmly in the premium sovereign bullion category, appealing to both collectors drawn to its iconographic depth and buyers focused on fine silver content.

We carry the Griffin in Brilliant Uncirculated condition, reflecting the highest standard of production quality available outside of proof-struck issues. The combination of Royal Mint craftsmanship, recognized silver purity, and a historically significant series makes this one of the more distinctive offerings in the modern sovereign silver coin market.

History and Background

The Queen's Beasts series was introduced by The Royal Mint in 2016 to commemorate the ten heraldic beasts that stood guard at the coronation of Queen Elizabeth II in 1953. Each creature was represented in stone st

Overview of the 2017 Queen's Beasts Griffin 2 oz Silver Coin

The 2017 Queen's Beasts Griffin is a 2 troy oz silver coin struck by The Royal Mint of the United Kingdom in .9999 fine silver. It is part of the acclaimed Queen's Beasts series, a ten-coin collection that draws from the heraldic tradition of Great Britain and carries legal tender status under the authority of the British Crown. The coin's 2 oz format and exceptional purity place it firmly in the premium sovereign bullion category, appealing to both collectors drawn to its iconographic depth and buyers focused on fine silver content.

We carry the Griffin in Brilliant Uncirculated condition, reflecting the highest standard of production quality available outside of proof-struck issues. The combination of Royal Mint craftsmanship, recognized silver purity, and a historically significant series makes this one of the more distinctive offerings in the modern sovereign silver coin market.

History and Background

The Queen's Beasts series was introduced by The Royal Mint in 2016 to commemorate the ten heraldic beasts that stood guard at the coronation of Queen Elizabeth II in 1953. Each creature was represented in stone statue form at Westminster Abbey during the ceremony, forming a symbolic procession rooted in centuries of royal heraldry. The series translates these figures into a sequence of bullion and collector coins, reviving one of the most visually compelling chapters of British royal tradition in a modern minting format.

The Griffin of Edward III appears as the second release in the series, carrying deep roots in English heraldic history. Edward III adopted the griffin as a personal badge during his reign in the 14th century, and the creature became a symbol of strength, vigilance, and nobility within the royal genealogy. The Royal Mint has maintained this series with exceptional consistency in design quality and production standards, contributing to its recognition as one of the premier modern bullion series issued by a sovereign mint.

Design and Aesthetics

The reverse of the Griffin coin features a bold, intricately detailed depiction of the mythical creature rendered in a heraldic style that reflects its origins in royal court imagery. The Griffin is shown rearing upright and holding a shield bearing the arms of Edward III, surrounded by the inscription "THE GRIFFIN OF EDWARD III" along with the coin's weight, purity, and denomination. The design draws from the original stone effigy created for the coronation and is rendered with exceptional relief and precision across the coin's broad 2 oz surface.

The obverse carries the fifth portrait of Her Majesty Queen Elizabeth II by sculptor Jody Clark, which was introduced by The Royal Mint in 2015. The portrait shows the Queen facing right, wearing the George IV State Diadem, with the inscriptions "ELIZABETH II," "2 OZ 999.9 FINE SILVER," and the face value of "TWO POUNDS" encircling the design. The coin's fields display the fine detail and smooth finish characteristic of Brilliant Uncirculated production, with sharp design elements and clear, well-defined edge lettering.

Authenticity and Product Integrity

The Griffin coin is struck by The Royal Mint to a certified purity of .9999 fine silver and a weight of 2 troy oz, both of which are confirmed through the mint's own production controls and standard verification processes. The Royal Mint operates under rigorous quality standards established over centuries of sovereign coin production, and each coin in the Queen's Beasts series is produced to precise dimensional and metallic tolerances. The mint's reputation for precision and consistency is reflected consistently across this series.

Every product we carry is verified for authenticity, weight, and purity before reaching our customers. As authorized dealers for both PCGS and NGC, we maintain relationships with the leading third-party coin grading and authentication services in the industry, which provides an additional layer of product integrity for collectors and buyers who require certified authentication.

Condition and Packaging

This coin is offered in Brilliant Uncirculated condition, meaning it was struck for collector and bullion purposes rather than circulation and has never been used as currency. BU coins display full original mint luster, sharp design detail, and no wear to the high points of the relief. Minor handling marks may occasionally be present as a natural result of the minting process or bulk packaging, but these do not diminish the coin's metal content, classification, or collectibility within the bullion grade.

Individual coins ship in a protective plastic flip to prevent contact and preserve the coin's surface during transit. The standard tube for the Queen's Beasts 2 oz silver coins holds 10 coins, and orders at that quantity ship in a sealed mint tube. Larger orders ship in sealed boxes. Packaging reflects the size and weight of the 2 oz format and is selected to maintain coin integrity from our facility to your door.

Pricing and Market Factors

The price of the Griffin coin is tied directly to the live spot price of silver, with a premium applied above that base value. For a coin of this type, several factors contribute to the premium: the 2 oz weight format requires more metal per unit than standard 1 oz coins, The Royal Mint commands a recognized premium for sovereign production quality, and the Queen's Beasts series carries strong collector demand that supports price stability throughout the series run. These factors combine to place this coin at a higher premium point than standard 1 oz sovereign bullion coins.

Our pricing reflects real-time market conditions and is structured for transparency. The bid and ask spread displayed on the product page gives buyers a clear picture of both the acquisition cost and the expected resale value, helping to evaluate the true cost of ownership rather than focusing solely on the premium above spot.

Selling and Liquidity

The Queen's Beasts series has developed a strong secondary market since its launch, driven by collector interest in completing the full ten-coin set and sustained demand for Royal Mint silver in international bullion markets. The Griffin, as an early release in the series, benefits from the recognition associated with both the issuing mint and the broader collection. The .9999 fine silver purity and clearly stamped specifications make it immediately recognizable to dealers and buyers worldwide.

We operate within a two-way market model, meaning customers can both buy and sell coins through our platform using competitive buyback pricing. Liquidity considerations are part of how we present every product, and the Griffin's combination of sovereign issuance, high purity, and series collectibility positions it well within that framework. We encourage buyers to review the bid side of the spread before purchasing so they understand current market conditions on both ends of the transaction.

Why Buy the Queen's Beasts Griffin 2 oz Silver Coin?

The 2 oz format offers a meaningful step up in silver content per coin compared to standard sovereign issues without moving into the larger and less liquid 5 oz or 10 oz sizes. For buyers who want substantial silver content in a coin that remains practical to handle, store, and trade, the 2 oz Griffin strikes a useful balance. The Royal Mint's production quality and the series' design depth add a layer of visual distinction that standard bullion coins do not carry.

The Griffin's place within a defined ten-coin series also gives it a structural characteristic that standalone bullion coins lack. Collectors building the complete Queen's Beasts set tend to maintain demand for individual coins even as the series ages, which contributes to the coin's recognition across both the collector and bullion markets. The combination of sovereign minting, .9999 fine silver, and heraldic design tradition makes this a coin that holds meaning well beyond its metal content.

Why Buy from Bullion Standard?

We have been operating as a trusted precious metals dealer since 2010, and our approach has always centered on transparency, pricing integrity, and straightforward service. Our pricing reflects live market conditions, and we display the full bid and ask spread on each product page so buyers can evaluate both the purchase and eventual resale value with equal clarity. We do not operate on pressure-based sales tactics or obscure the information buyers need to make confident decisions.

Our A rating with the Better Business Bureau, membership in both the American Numismatic Association and the National Coin and Bullion Association, and authorized dealer relationships with PCGS and NGC reflect the standards we hold ourselves to across every transaction. Whether you are adding a single Griffin to an existing Queen's Beasts set or building a broader position in Royal Mint silver, we support every stage of the buying and selling process with consistent standards and responsive service.

Get Near-Spot Pricing with Bullion Standard Pro

Bullion Standard Pro gives members access to live, executable wholesale bid and ask pricing on products including the Queen's Beasts Griffin, allowing them to transact at real-time wholesale market prices rather than fixed retail markups. For a coin like the Griffin, where collector demand and series positioning can create meaningful variation in premium levels over time, having access to live wholesale pricing and historical premium analytics provides a more complete picture of where the product stands in the current market. Real-time portfolio valuation using current wholesale bid prices also means members can see the actual liquidation value of their holdings rather than an estimated retail figure.

Pro members also gain access to our proprietary product research tools, which allow coins like the Griffin to be compared across the broader market using metrics such as premium percentile rankings, bid/ask spread tightness, and historical premium trends. Rather than relying on marketing descriptions to evaluate relative value, members can use objective, data-driven comparisons to make more informed decisions about when and what to buy or sell within the Queen's Beasts series and across the wider sovereign silver market.

Flexible and Secure Payment Options

We support a broad range of payment methods to make purchasing the Griffin straightforward and secure regardless of how you prefer to transact. Accepted payment options include Visa, Mastercard, American Express, Discover, PayPal, bank-connected payments through Plaid, wire transfer, paper check, and cryptocurrency payments through BitPay. Each method is integrated into a secure transaction environment designed to protect buyer information and support a smooth purchasing experience from checkout through fulfillment.

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