Britannia coins are the one ounce British Bullion coins issued by the Royal Mint since 1987. Both proof and bullion versions have been issued every year to date and fractional versions are commonly available.
County: Great Britain
Face Value: £100 GBP
Gold Content: 1 ounce (31.104g) – Alloyed with copper or silver depending on year (pure from 2013)
Purity: 917 / 1000 (22 karat) (1987-2012) or 999.9/1000 (24 karat) (2013-)
Gross Weight: 34.0500 g (1987-2012) or 31.104g (2013-)
Coin Diameter: 32.69 mm (1987-2012) or 38.61mm (2013-)
First Year of issue: 1987
British coinage history
Britain has a long history of coinage. The first coins that were minted in Britain were Celtic ones around 80 BC. The first gold and silver coins in Britain were introduced by the Romans. The gold one was called ‘Aureus’ and the silver ‘Denarius’. The ‘Britannia’ first appeared on the coins of the Roman Emperor Hadrian in AD119.
The 80s saw the growth of a global bullion market and the Royal Mint introduced Britannia coins to their bullion portfolio. Designed by Philip Nathan, the coin featured a new interpretation of Britannia that was powerful, yet elegant and it caught the imagination of the entire nation. Introduced in 1987, the coin made a worldwide impact and became a classic. Today, 30 years later, the classic design still remains the same – with a small addition. The new design displays a radial sunburst on her back.
The Britannia – Europe’s premier modern coin
The Britannia coin is fast becoming Europe’s premier modern coin and is regarded as one of the world’s most beautiful coins. This coin is admired by collectors, dealers and investors from around the world, and is therefore one of the World’s most liquid coins.
With the face value of £100 UK Britannia coin is considered legal tender in Great Britain and it is therefore not subject to Capital Gains Tax when sold for a profit by UK residents.Shop Gold Britannias
While the obverse side features a profile of a mature Elizabeth II, the reverse displays the Standing Britannia portrayed as a beautiful young woman, wearing the helmet of a centurion, and wrapped in a white garment.
The coins originally had a fineness of 91.7% or (22 karat) gold with the alloy being copper until 1989 and silver from 1990. The Royal Mint increased purity to 24 karat from 2013 to appeal to the ever growing Asian market.
Collectable and with solid investment potential
These lovely 24 karat coins are an amazing investment for any numismatist or an investor. They are worth their weight in gold and have a purity of 999.9 since 2013. The 2017 edition is excellent value for money and a fitting addition to any coin collection. Investors on the other hand, who want to invest serious money in these coins as an investment in gold, would benefit from purchasing a large number of the coins. The advantage of purchasing gold in small denominations like a coin gives the investor an advantage in terms of liquidity. At a later point in time, when the investor wishes to exit gold as an investment strategy, he need not dilute all his investments. He can simply sell the ones he wishes to and transfers a part of that investment to another asset class.
The Britannia is a prestigious coin, famous all over the world. It would make an excellent Christmas gift item for someone in the family or a loved one. So, as we can see, investing in a Britannia isn’t just about parking money and hedging risks. The coin is a true work of art and would make a fitting family heirloom to be passed down from one generation to the other. The coins come with their own case and are suitable for display as an outstanding work of art and a great symbol of British history. Call us on 020 7060 9992 to discuss how we may help you invest in the Britannia 2017.