In 1987, The Royal Mint produced the first Gold Britannia coins which had a face value of £100. Britannia gold coin manufactured after 2013 have a millesimal fineness of .9999 (or 24 carat gold). Until 2012 the gold coins had a millesimal fineness of .917 (91.7% or 22 carat gold) with the non-gold component being copper until 1989 and silver from 1990.
One of the main advantages of investing in Britannias is that they are exempt from Capital Gains Tax (CGT) due to their status as UK legal tender and therefore make a popular choice for investment. UKBullion.com are one of the UK’s leading bullion retailers and offer a wide range of bullion coins including Britannias at fantastic prices.
If you are someone who regularly exceeds their CGT allowance, then putting your money into Britannia coins can become a great form of investment. In addition to this, other advantages of Britannias are they are appealing collectors’ items due to their elegant designs and are offered in both gold and silver.
Britannia silver coins contain one troy ounce of silver and have a face value of £2. Silver Britannias are also issued in fractional sizes of one-half, one-quarter, and one-tenth of a troy ounce and with face values of £1, 50p, and 20p respectively.
More recently in 2013, saw the introduction of two additional sizes, a five-ounce coin of face value £10, and a fractional size of one-twentieth of face value 10p.
Shopping at UKBullion.com could not be easier; they offer free insured delivery on all their gold Britannias. For the latest prices visit https://www.ukbullion.com/gold/buy-gold-coins/gold-britannias.html