Wales U.K. Limited Edition Gold Medals Features Gold Produced Exclusively From Welsh Mines

A very limited number of medals containing one ounce of pure Welsh gold will soon be auctioned.

by Michael Alexander | Published on March 28, 2025

The Mine which the gold is extracted from is from the Clogau-St David’s Gold Mine in Snowdonia or, Eryri National Park in Wales where gold was first discovered in 1854. The greatest period of production at the Mine was in the late 19th and early 20th century. In total, about 80,000 ounces of gold was extracted from
the Mine, making it by far the United Kingdom’s most prolific source of domestic gold production.
The Mine had lain largely inactive since the 1990’s, until Alba Mineral Resources Plc and its
subsidiary Gold Mines of Wales Limited acquired the rights to the Mine in 2018 and embarked upon
the most extensive underground exploration and rehabilitation programme seen there in many
decades. Alba Mineral Resources has commissioned the minting of just three medals which contains one full ounce of Welsh gold entirely sourced from the Clogau-St David's Gold Mine.

Aside from its unique Welsh heritage, Clogau gold also has a special connection to the British Royal Family, with Welsh gold having been used to make the wedding bands for Royal weddings over the last 100 years beginning with the wedding of King George VI and Lady Elizabeth Bowes-Lyon in 1923, Queen Elizabeth II and Prince Philip in 1947, King Charles III and Lady Diana Spencer in 1981 and most recently Prince William and Miss Catharine Middleton in 2011. As such, this first limited production of such high quality medals is expected to attract significant interest from both UK and overseas collectors and investors.  

The three un-dated limited edition pure gold medals were minted in late 2024 by Betts Refiners - est. 1760 at their facilities in Birmingham, England on behalf of Alba Mineral Resources Plc. They are produced exclusively from gold mined from the historic Clogau-St David's Gold Mine in the Snowdonia National Park in Wales. The obverse side features a striking and detailed Welsh dragon sitting astride Cadair Idris, one of the most famous mountains in Snowdonia. The primary design is centred and is encircled with the text GOLD MINES OF WALES placed along the upper rim and 1oz FINE GOLD placed below. The design is complemented with a short border of traditional Welsh knot patterns on either side. The design on the reverse side is inspired by an historic photograph of miners standing outside the Tyn y Cornel adit entrance at Clogau, which was taken during the heyday of gold production at the Clogau Mine, and still by far the UK's greatest ever producer of gold. Above the primary design is the inscription LIMITED EDITION and below the image is the text TYN-Y-CORNEL. The design is complemented with a short border of traditional Welsh knot patterns on either side.

ItemMetalWeightDiameterQualityLimited Mintage
Medal.999 Gold31.1 g.33 mm.Proof-like3 pieces

The first medal will be auctioned off on Sunday 30th March with the remaining two medals following on Thursday 3rd April 2025. Alba Mineral Resources Plc have announced that no more than ten medals will be made in this design, ensuring that each successful bidder will own a very limited edition Tyn-y-Cornel gold one-ounce medal. Each medal is encapsulated and housed in a bespoke presentation box locally crafted from Welsh oak and lined in crushed velvet. The lid features the inscription: ‘Clogau-St David’s Gold Mine, Limited Edition 1oz Coin, Tyn-y-Cornel, 2025’. Those interested participating in the auction should visit the website of Alba Mineral Resources Plc.

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Author: Michael Alexander

Michael Alexander image Michael’s background in both numismatics and banknotes spans more than three decades and whose activities have varied from being a dedicated world coin collector to coin & medal design, marketing, theme concept and production. His additional interests include banknote research and in 1997, he founded the London Banknote and Monetary Research Centre to further these interests and activities. The company continues to offer monthly currency bulletins to both online and printed publications which includes information about the latest banknote news and releases from Central Banks and Monetary Authorities around the world. Michael has been a contributor to COIN NEWS magazine based in the UK since 1998 where many of his in-depth interviews, articles and bulletins have been published.

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