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Tuesday, August 13, 2013

The Britannia

The Britannia coins have been changed for 2013. First, the image has been changed, and will continue to change. And, now both the silver and gold Britannia coins are being minted in 0.999 purity.

 The fine silver Britannia is available in five sizes, the 2 pound denomination 1 Troy ounce size, along with a 1/2 Troy ounce size, a 1/4 Troy ounce size, a 1/10 Troy ounce size, and a 1/20 Troy ounce size.

 The gold Britannia is minted in the same sizes as the silver coins, but with higher denominations. The 1/20 ounce coin has the denomination of 1 pound.

 A case can be made for the Britannia being the most popular bullion coin in silver, and that is based on previous history when it did not have the 0.999 purity. With changing designs and a higher purity this may become the bullion coin of choice for many.

 The Britannia is sold by the Royal Mint in PROOF condition, and often bundled in boxes with multiple sizes. If you are looking for bullion, proof coins are probably too expensive, but to a collector, proof coins in boxes are numismatic coin prizes. So, for bullion, look for Britannia coins, for numismatists look for proof Britannia coins. There is a Britannia for every coin collecting need.

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