Tower Bridge 1oz Silver Coin | Landmarks of Britain
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2018 Tower Bridge 1oz Silver Coin
Issued by The Royal Mint as part of its Landmarks of Britain Collection, the Tower Bridge 1oz silver bullion coin follows on from the 2017 Big Ben coin. This is a bullion finish silver coin, issued by the Royal Mint.
On the reverse side is a Tower Bridge design from the Royal Mint designers Laura Clancy and Glyn Davies, and on the obverse, is the well-known portrait by Jody Clark of Her Majesty The Queen.
Each coin contains 1oz of fine silver and has a face value of £2. As it is legal tender it is therefore exempt from Capital Gains Tax.
Tower Bridge is an iconic part of the London skyline.
This masterful feat of British engineering was built between 1886 and 1894 and combines a bascule and a suspension bridge.
After 50 designs were submitted and rejected, Sir John Wolfe Barry was appointed engineer and Sir Horace Jones architect to the project.
To get authorisation to start building the bridge, an Act of Parliament had to be passed. This was done in 1885 with specific dimensions about the width and headroom.
It was also stated that the construction had to be in a Gothic style.
Jones died in 1886 and was replaced by George D. Stevenson. It was Stevenson’s Gothic style which gave the bridge its distinctive look.
The total cost of construction was £1,184,000 which today would be the equivalent of around £124,000,000.
It was officially opened by The Prince of Wales on 30 June 1894.
Situated near to the Tower of London, and originally connecting Iron Gate on the northside of the river, with Horselydown Lane on the south side of the river, it is often mistaken for London Bridge which is just 0.5m away.
Our Expert Opinion
An incredibly collectable silver coin, the Tower Bridge Landmark silver coin will likely rise in value due to scarcity over the years as much as with the underlying gold price. Limited mintage, combined with being part of a collection will ensure a strong demand globally. The Royal Mint has added to the excitement surrounding the Landmarks series of coins, by keeping the details of the upcoming issues very close to their chest.
If UK limited issue silver coins float your boat, then you may want to consider buying the silver Lunar series, including the Silver Lunar Dog, or the double-sized 2oz Queens Beasts series, including the beautiful Silver Unicorn coin. Alternatively, if you simply want the cheapest tax-free gold coin possible, buying Silver Britannias will tick that box.
As a UK legal tender coin, the Tower Bridge Landmark issue is an exciting choice for silver investors and collectors alike.
Orders are delivered free of charge within the UK only.
Delivery is in non-branded tamper proof packaging by Royal Mail Special Delivery and is fully insured. Delivery usually takes place before 1pm on the day following despatch, but some areas may run over this timeframe.
Maximum value per parcel is £50,000, so larger orders will be sent in multiple installments.
When placing your order, the delivery address needs to match the registered address of the buyer.
You’ll receive a despatch email with a tracking link once the goods are sent so you can see the status of the delivery and location of the parcel.
In the event that no-one is in to receive the delivery, you’ll be left a red card confirming attempted delivery, with confirmation on the Royal Mail tracking page. You then have the choice of arranging redelivery or picking up the parcel from your nearest sorting office.
If you request storage for your order, your goods will be sent free of charge to the storage vaults.
All gold & silver orders are stored at Loomis International in the UK and held on a fully allocated and segregated basis.
Storage fees are 1%+VAT/year for gold and 1.5%+VAT/year for silver, subject to minimum charges.
Please see further details of storage fees and minimum charges on our Storage & Delivery page.
Storage is charged at point of purchase by selecting ‘Buy with Storage’ to the next semi-annual pay date. Semi-annual storage dates are 15 March and 15 September each year and are subject to minimum charges for the period.
A recurring storage fee will be taken from your card at each semi-annual storage date.
You can opt to have your goods delivered at any time, subject to delivery charges of £25 +0.25% of the metal value.