Britannia 2026 1oz Silver Bullion Coin

Denomination: £2
Alloy: 999 Fine Silver
Diameter: 38.61mm
Reverse Designer: Philip Nathan
Obverse Designer: Martin Jennings
Specification: Value
Quality: Bullion
Year: 2026
Pure Metal Type: Silver
Pure Metal Content: 1 Troy Oz
Fineness: 999
Packaging: Single Coin Capsule
Security Features: Micro-text | Latent image | Tincture lines | Surface animation

What is the Special Scheme?

The Special Scheme allows bullion dealers to pay VAT only on their profit margin, rather than charging VAT on the full value of the item.

As VAT is only charged on the dealer’s margin, not the full value, the overall purchase price is lower than for newly minted silver bullion.

The Special Scheme applies to many second-hand silver coins and bars that the dealer has purchased from private individuals.

Please Note : The Special Scheme does not apply to investment gold bullion, as this is already VAT-exempt in the UK.