Homepage / Bullion Coins: U.K. Coins / Britannia Silver Bullion Coin
Last Updated on 06/26/2024
The UK Britannia Silver Bullion coin is Europe's first silver bullion coin.
The Royal Mint introduced the Silver Britannia in 1997 as a collector's silver proof set to commemorate the 10th anniversary of the Gold Britannia's minting; in 1998, minting began on the Silver Britannia bullion coin.
The bullion coin has a proof-like finish, just like the Australian Kookaburra, Koala, and the Austrian Philharmonic silver bullion coins.
The Silver Britannia, a 1 oz silver bullion coin, is highly regarded for its high-quality finish, making it an ideal addition to any investment portfolio or coin collection.
One little-known fact that some UK residents are unaware of is that bullion coins from The Royal Mint are Tax-exempt from Capital Gains due to the coins' status as legal British currency, giving UK residents who purchase these coins added profit when they decide to sell.
Obverse
The direction of the monarch's face is a subdued change between the 2022 and 2024 Silver Britannia.
The late Queen Elizabeth II faced to the right, and the new King of England, Charles III, is facing the left; switching the direction a monarch faces on coinage for the British Royal Family is a tradition that dates back to the 17th century.
Martin Jennings, the designer of King Charles III's portrait, stated the following about his design: "It is the smallest work I have created, but it is humbling to know it will be seen and held by people around the world for centuries to come.”
Martin Jenning's initials "MJ" are under the King's neck. (click image to enlarge)
Read more about the Royal Mint's unveiling of the King Charles III's effigy here.
Inscriptions, inside the notched crenelated border of the coin, are the words and letters:
The Government of the United Kingdom has guaranteed the Silver Britannia bullion coin as legal tender and is Tax-Exempt from Capital Gains for the residents of the United Kingdom.
Coin Photo provided courtesy of The Royal Mint.
Reverse
"Britannia" is viewed as a beautiful young woman standing in the wind looking to her right, watching the seas, with flowing hair and a Corinthian helmet on her head, dressed in wind-whipped clothes.
Britannia holds a three-pronged trident in her right hand and, in her left hand, an olive branch and a shield that has the United Kingdom's Union Jack Flag on it.
Designer Philip Nathan created Britannia's design.
Inscriptions:
Security Features:
Coin Photo provided courtesy of The Royal Mint.
The Royal Mint produces each Britannia Gold bullion coin with a reeded edge.
"Britannia" is the ancient Latin name for Great Britain, originating from its time as a province of the Roman Empire.
During the 2nd century, Roman Britannia came to be personified as a woman, armed with a spear and shield and wearing a Corinthian helmet.
After the decline of the Roman Empire, Britannia's image wasn't used again until the 16th century during the reign of Elizabeth I, when John Dee promoted her image in a book published in 1577.
John Dee promoted Britannia kneeling on the shore before Elizabeth I, seated on a ship, in an appeal to the queen to strengthen the navy.
The Romans were the first to use Britannia on coinage, Britain began using her image on pattern farthings made in 1665 alongside the Latin inscription "I Claim the Four Seas."
After the Acts of Union in 1707, which joined the Kingdoms of England and Scotland, the personification of the martial Britannia was used as an emblem of British maritime power and unity, most notably in the patriotic song "Rule, Britannia!".
Today, Britannia is portrayed standing or seated alone, or with a lion holding a spear or a three-pronged trident in one hand and in the other hand holding a shield with the British Union Jack Flag on it.
ntroduction:..............2023
RA Apporved:............Yes (2023 to Present)
.rade:......................Uncirculated
Denomination:..........£500 GBP (500 pounds)
Pure Silver Content:..32.15 Troy oz.
Total Weight:............1000 grams
Purity:......................99.9% / 999 per mille
Diameter:.................100.00mm
Designers Obverse:...Martin Jennings (2023 - Present)
Designers Reverse:...Philip Nathan (2021 to Present)
Edge:.......................Reeded
Coin Photo provided courtesy of The Royal Mint
Introduction:.............2021
IRA Apporved:...........Yes (2021 to Present)
Grade:......................Uncirculated
Denomination:...........£10 GBP (10 pounds)
Pure Silver Content:...10.0 Troy oz.
Total Weight:.............311.0 grams
Purity:......................99.9% /
999 per mille
Diameter:.................89.00mm
Designers Obverse:...Jody Clark (2021 - 2022)
Designers Obverse:...Martin Jennings (2023 - Present)
Designers Reverse:....Philip Nathan (2021 to Present)
Edge:.......................Reeded
Coin Photo provided courtesy of The Royal Mint.
Introduction:.............1997
IRA Approved:...........No (1997 - 2012)
IRA Apporved:...........Yes (2013 to Present)
Grade:......................Uncirculated
Denomination:...........£2 GBP (2 pounds)
Silver Content:..........1 Troy oz. (1997 - Present)
Total Weight:.............32.45 grams
Purity:......................95.8% / 958 per mille (1997 - 2012)
Purity:......................99.9% / 999 per mille (2013 - Present)
Diameter:.................38.61mm
Designers Obverse:...Ian Rank Broadley FRBS (1998-2014)
Designers Obverse:...Jody Clark (2015 - 2022)
Designers Obverse:...Martin Jennings (2023 - Present)
Designers Reverse:....Philip Nathan (1997 to Present)
Edge:........................Reeded
Coin Photo provided courtesy of The Royal Mint
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Notice
Year Mintage
1998....88,909
1999....69,394
2000....81,301
2001....44,816
2002....36,543
2003....73,271
2004....57,000
2005....57,000
2006....50,300
2007....94,000
2008....100,000
2009....100,000
2010....126,367
2011....100,000
2012....100,000
2013....Mint to Order
2014....Mint to Order
2015....Mint to Order
2016....Mint to Order
2017....Mint to Order
2018....Mint to Order
2019....Mint to Order
2020....Mint to Order
2021....Mint to Order
2022....Mint to Order
2023....Mint to Order
2024....Mint to Order
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