These 1 oz Britannia Silver Coins are issued by The Royal Mint and are our best-value British silver coins.
The silver bullion coins are selected on an “our choice of year” basis, and any of these coins considered to be in “minty” condition can be chosen.
Minty Silver Britannias offer a cost-effective way to invest in silver. These pre-owned coins are hand-selected by experienced staff for their mint condition appearance, providing the look and quality of new silver bullion at a lower price through the VAT Special Scheme.
Forecasts suggest silver may see a significant rise in value in the future due to its use in green technologies, making it suitable for both experienced and new investors.
Fineness: 0.958 fine silver before 2013, or 0.999 fine silver from 2013 onwards Tax Benefit: Exempt from Capital Gains Tax Pure Metal Content: Contains 1 troy ounce of the precious metal Weight: 31.21g Diameter: 38.61mm
This coin comes loose, and a 39mm capsule or gift box can be added to the order if required.
These coins may have slight toning and/or milk spots, which is a natural process and does not take away from their bullion value.
Minty Coins
Minty coins are a hand-picked selection of orderable bullion coins that are in mint condition and usually, but not always, have been minted in recent years. Please note “Minty” is a specific term and is not a traditional grade.
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.
Silver British Coins
British silver Britannia bullion coins were first introduced in 1997. Until 2013, the coins were struck from 0.958 fine Britannia silver. In 2013, this changed to 0.999 fine silver.
The coins have a face value of £2 and contain one troy ounce of silver. The coins feature Queen Elizabeth II on the obverse, with Britannia on the reverse.
Minty Britannias are pre-owned, but newly minted Silver 1 oz Britannias may also be available for a slightly higher price.
Obverse
The obverse of the Britannia coins shows Queen Elizabeth II.