Silver purity is 999.0 fineness, with each coin containing 1 Troy oz of silver. Like previous silver Britannias, this new 2022 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 25th year of issuance, the 1oz 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, 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.
Britannia has featured on British coins since the Roman era, with Emperor Hadrian commissioning a coin with a female emblem, labelled as Britannia. Once the Romans left the UK, Britannia never featured on British coins until the reign of Charles II in 1672. Happily, Britannia has been a permanent feature on British coins, which means that 2022 is the 350th anniversary of the reappearance of Britannia coins.
We don’t just sell gold! 2022 1oz Silver Britannia coins are actually a very popular investment with visitors to our website. Why not add some 1oz Britannia silver coins to your investment portfolio today and also consider our silver bars range (including a 1KG silver bar)?
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