Buy Silver Britannia Coins Online WITHOUT VAT

The opportunity to buy silver Britannia coins offers small investors and those wishing to diversify their portfolio with a chance of owning the most popular silver bullion coin in the UK. As the largest and purest legal tender British coin available on the market, a Britannia silver coin is available at a low entry cost and represents a highly divisible but stable asset. As legal tender, the coins are capital gains tax free meaning any profits you make on reselling your silver coins is yours to keep. Not only that but the silver coins we supply are also sourced to ensure they are UK VAT free. One of the most popular investment silver bullion coins, the 1 oz British Silver Britannia is issued by the Royal Mint and, since 2013, is rated with a purity of 999.0 containing 1 troy ounce of silver. When you buy a silver Britannia with Physical Gold Limited, we provide fully insured delivery direct to your door with most purchases being received within 1-2 business days.
VAT free silver video
Secure Delivery and Storage
Delivery of your metals are fully insured and discreet. If you want the peace of mind of storage, then you metals will be insured, allocated and segregated in an LBMA approved depository. Read More
100% Tangible Assets
We only deal in physical precious metals, no electronic or paper ownership. No leverage, ETFs or funds. Just real gold and silver in your hand or stored in segregated vaults. Read More
Authentic and Certified
All our products are sourced directly from mints or authorised distributors and verified by our numismatic experts. All purchases will be accompanied by a certificate of authenticity. Read More
Best Seller
from £14.86

View Product

Limited Quantity
Out of stock
Limited Quantity
Limited Quantity
Out of stock
from £15.15

View Product

Best Value
Out of stock


More information

Silver Britannia coins were first produced by the Royal Mint in 1997. A bullion coin, the full silver Britannia has a face value of £2 with fractional sizes also produced of one half (£1), one quarter (50p) and one tenth (20p) sizes. Containing a troy ounce of silver, the Britannia has featured a number of designs on the reverse. Even numbered years since 1998 depict a standing Britannia in a design produced in 1987 by Philip Nathan. In odd numbered years, the reverse design has changed with a different version of Britannia. Since 2013, the reverse design has changed on non-bullion issue coins and will continue to do so for each subsequent issue; the bullion version will remain consistent to the original designs.
silver britannia coin
The Silver Britannia features the iconic figure long associated with the British Isles. Image via Eric Golub, Flickr.
In 2014, there was a mix-up at the Royal Mint and around 17,000 silver Britannia coins were incorrectly struck with in incorrect obverse taken from the Lunar series. Dubbed the ‘Mule Britannia’ due to the fact the coin features the ‘Year of the Horse’ design, a rare silver Britannia of this design can attract large premiums on resale. Prior to 2013, mintage of silver Britannia coins was limited but now the Royal Mint produce these bullion coins based on demand. However, there are versions of these coins that attract a scarcity value including 5oz and 1oz proof coins, proof sets and limited edition presentation coins.
Silver Britannia coins are Capital Gains Tax (CGT) free and don’t attract VAT when bought through Physical Gold Limited due to careful sourcing channels. The result is an excellent value investment coin available at reduced prices with no headache to pay tax on resale. Investing in Silver For many years silver has been seen as a poor cousin to gold, particularly when the price of silver has been 15 times less than that of gold. In recent years, the trend has been changing with silver now widely recognised as a more finite resource with the world’s supply diminishing fast. As a result, silver is seen a good long-term investment. With prices still catching up to this fact, investors can still benefit from low starting price points with potentially great gains. With silver Britannia coins, the investment is tax free and offers good divisibility for your assets over the equivalent cost of a single silver bar. 2017: 20th Anniversary Edition
royal mint silver britannia
Produced at the Welsh based, Royal Mint, the Silver Britannia is a popular investment coin. Image via Nigel Davies, Geograph.
Two decades on from the first minting of the 1oz British Silver Britannia coin and the Royal Mint has produced a limited special edition of the popular bullion coin. With just 120,000 available, these coins have a collectable value (and buyer’s premium) in addition to their investment value. Featuring the new high-security radial design with a unique trident ‘20’ mint mark, you can buy the 1oz British silver Britannia from Physical Gold Limited; however, do be aware that the intrinsic premium of a collectable coin such as this means that investors may prefer to buy silver bullion coins instead.
The Silver Britannia is currently produced with a millesimal fineness of 0.999 or 99.9% silver but prior to 2013 was struck with just 95.8% silver (or a fineness of 0.958). Silver Britannia coins issued between the period 1997-2012 have a diameter of 38.61mm having a total mass of 31.21g. A Britannia Silver coin struck after 2013 has mass of 32.45g with a diameter of 40.00mm. From 2013, the thickness of Britannia silver coin is 3mm and has a milled edge. From 2015, the obverse features the Jody Clark design of the Queen’s portrait.
While we can offer storage for silver bars in offshore BSIA regulated (British Security Industry Association) vaults in the Channel Islands, we only offer delivery of Silver coins. This is the only way we can offer our products free from VAT due to the various tax treatments of coins and bars. We recommend you opt for silver bars if you want tax free exposure to silver without having to store it. Our VAT free silver coins appeal to those you wish to take possession while maintaining tax efficiency. For home storage, you are free to make your own arrangements either with a safety deposit box with your local bank or in a secure location at home. We can supply accessories for storage and these can be purchased from our online shop. However, if you buy the Silver Britannia in quantities of 25 then these come in convenient stackable tubes.
Silver Britannias are the most popular silver investment coin in the UK. The represent very good value as coins are mass-produced to bullion finish which keeps production costs low. The coins are legal tender, so any gains made on the coins are also tax free.
Silver Britannias are best purchased through a professional precious metals broker. Reputable dealers can be found on bnta.net. Most will offer discounts for quantity purchases, so it’s best to buy in one go to achieve the best discounts, rather than little and often. Certain online portals are structured to deliver Silver Britannias without the need to charge VAT, saving a further 20%.
Silver Britannia coins are 1oz coins minted by The Royal Mint to a purity of 999.9 silver. They were first issued in 1997, 10 years after the gold 1oz Britannia, and have become a very popular choice for physical silver investors. They can be bought at relatively low prices as they’re minted to bullion standard and large numbers. They have a face value of £2 which means they’re legal tender and therefore any rise in value is free from Capital Gains Tax.
The value of a silver Britannia coin is primarily based on the underlying silver price. Unless the coin is a collector’s edition, the Britannia coins can be sold for around or just under the 1oz silver spot price. The silver spot price can rise and fall on a daily basis and is linked to a number of variables which affect the supply, demand and ultimately price of silver.
The silver Britannia is released in three ways; as proof coins, uncirculated bullion coins, and as part of proof sets. Mintage numbers have varied from year to year for each of these categories, but have settled on 2,500 for both proof types, and 100,000 for the bullion coins since 2008. Mintage on silver Britannias has become unlimited since 2013, in an attempt to meet the rising investment demand.
As a popular investment coin, the easiest and safest way to sell silver Britannia coins is to a reputable precious metals dealer. This enables you to agree a competitive price with the dealer, send them your coins, and receive payment quickly. An alternative is to sell privately where collectors may pay a premium. However, this can be fraught with danger.
Silver Britannia coins are legal tender within the UK. They possess the requirements of featuring the monarch’s bust and a face value, £2 in the case of the 1oz Silver Britannia. In theory, you could use it to buy goods up to the value of £2 in a UK shop, however, the silver content alone, makes the coin wort many times tat. In practise, the legal tender status increases the coins’ appeal as an investment as tis qualifies it as tax free.
Both coins are world-renowned and produced to a number of finishes. The Britannia can be bought slightly cheaper in the UK and has an increased fineness of 999.9 versus the Eagle’s 999.0. Both can be easily sold anywhere in the world. The Britannia is preferred within the UK due to it’s Capital Gains Tax free status, whereas the silver Eagle is more popular in the US and Canada.

Log In or Register

Log in or register with Physical Gold today to start purchasing gold and silver products

Log in or Register

1oz Britannia silver coin

With a face value of £2, the 2018 Silver Britannia features the Elizabeth fifth portrait on the obverse and Philip Nathan’s Britannia design on the reverse. Issued since 1997, they contained 958/1000 parts silver until 2013, when they increased fineness to 999.0 thereafter.

This is a brand-new bullion finish coin, issued without expensive presentation boxes to maximize the amount of silver for your money. Modest orders are packed loose, with tubes for orders of 25 or more and monster boxes in denominations of 500.

2017 marked the 20th anniversary of the 1oz Silver Britannia coin, a signal of its great success in the investment market. It demonstrates how far the Royal Mint have come in being proactive with their marketing and product development over the years. The Gold Britannia was launched a decade prior to the silver version, in an attempt by the Royal Mint to copy the successful Krugerrand and steal some of its market share.  The Krugerrand had already been flourishing for 20 years when the British coin was launched. But spotting the growing demand for silver, the Mint have managed to produce their 1oz silver coin a full 20 years before the Rand Mint. Perhaps in a reversal of roles, the South Africans launch the first silver Krugerrand this year.

The fact that the Britannia was upgraded from 958 parts silver per 1000 to 999 parts in 2013, demonstrates the Royal Mint’s awareness of Asia’s love of ‘fine’ gold and silver. They recognise the true global potential of the UK coins, especially to a continent who already love precious metals and ‘brand-UK’.

Tax efficiency

As a Royal Mint issued, legal tender coin with a face value, the 2018 Silver Britannia is free from Capital Gains Tax (CGT). With silver being so undervalued, it offers far greater appreciation potential than the gold Britannia. As such, CGT is potentially a far greater issue when buying silver than gold. For this reason, the Britannia may be a wiser choice than foreign silver coins like the Maple Leaf or Philharmonic.

For so long UK buyers had to pay VAT on their silver coins. But now Physical Gold are able to sell our silver coins without charging VAT and deliver them direct to your door. We manage this through careful sourcing of the coins to exploit tax loopholes in the EU. So now you’re able to buy Silver Britannias from us without paying any tax at all.

Variations

Due to their success, the Britannia has now spawned a number of size variations. As well as the standard issue 1oz coin, the Silver Britannia is issued in Half ounce weight, quarter ounce, and tenth ounce. More recently the extremes have been pushed with a huge five ounce and small twentieth ounce versions. Each fractional Britannia has a corresponding face value ranging from 10p up to £10. We’d steer clear of the smaller versions as they prove expensive due to their diminutive size.

The 20th anniversary year edition is also available in limited issue which may appeal more to the collector of rarer silver coins than the investor due to its premium.

Like its gold cousin, the Silver coin updates its image of Britannia on the reverse of the coin often. Designs tend to range from a standing figure, to a close up with helmet, seated, riding a chariot and posing with a lion.

Our expert opinion

If you’re just getting started in silver investment or looking to add to an existing portfolio, the 2018 Silver Britannia is the number one option. It ticks every box for silver investing. Now we’re able to deliver these wonderful coins without VAT, they offer a tax efficient method of owning physical silver.

With each coin only weighing an ounce, buying silver Britannias provides the investor with great divisibility and flexibility. With the coin now in its 20th year of production, there’s a growing second hand market for the coins, crucial to increase sell back levels.

Premiums are lower than some less common silver coins, meaning more silver for your money. We’d recommend the standard silver bullion Britannia featured here rather than the Silver Britannia limited edition 20th anniversary version which is more expensive.

One of the biggest challenges when owning silver can be storage. £5,000 will buy you a lot of coins! The Royal Mint issue the Silver Britannia in convenient tubes of 25, and superb stackable monster boxes which holds 20 tubes (500 coins in total).