This is a brand new silver bullion coin from The Royal Mint. The minimum order quantity is five coins, with multiples of 25 coming in Royal Mint tubes, and quantities of 500 packaged into monster boxes, consisting of 20 tubes. These boxes provide an excellent storage solution for stacking larger investments of silver coins.
Silver purity is 999.9 fineness, with each coin containing 1 Troy oz of silver. Like previous silver Britannias, this new 2019 version benefits from a £2 face value, qualifying the coin as legal tender. All Uk legal tender coins are Capital Gains tax free for UK residents, deeming any profits made upon sale as tax free.
1oz silver coins – the available options, an interesting Physical Gold video to watch.
Now in its 22nd year of issuance, the Silver Britannia has established itself as the number one choice for UK silver investors, seeking value, divisibility, liquidity and tax efficiency.
The Royal Mint has stuck with the same design of Britannia as the previous year on the reverse of the coin. Despite several designs being featured during the past two decades, the current standing Britannia, by artist Philip Nathan, harps back to one of the original depictions of Britannia. The female warrior dressed in flowing garments, holding aloft a trident and shield, also presents an olive branch. The design is said to be the embodiment of the British Isles itself. The main image sits nicely on a radial design, including both for aesthetics and anti-forgery measures. Below the image is engraved the artist name ‘NATHAN’. Details around the bold edging confirm the name of the coin, year of issuance, weight, purity and metal.
The coin’s obverse features the well-recognised current (and fifth) portrait of Queen Elizabeth, by renowned designer Jody Clark, the youngest person ever to have the honour of depicting the queen’s portrait for coinage. First introduced in 2015, this image captures the Queen at the age of 88 and features her wearing the King George IV State Diadem. This is a crown that was made for King George in 1820 but is now worn for coronation processions and state openings of Parliament. No space is wasted, with an attractive dimpled background, familiar to a previous couple of coin incarnations. Writing around the edge confirms the face value, monarch and the wording ‘D G REG F D’, abbreviated Latin, translating to ‘By the grace of God, Queen’ and ‘Defender of the Faith’.
Once again, the Britannia silver 1oz coin will be our best selling 1oz silver bullion coin, and for good reason. The mass-produced bullion finish coin grants a low entry point into the market for those starting off, but attractive quantity price discounts allow great value for the more serious investor. Its tax free nature appeals to those who anticipate big price increases in silver and want to be efficient with their profits.