Investments in bullion products are not FCA regulated. The value of your investment can go down as well as up. Past performance is not indicative of future results.
Britannia 2023 1 oz Gold Bullion Coin in Blister (Queen Elizabeth II)
Bullion | 999.9 Fine Gold
Price: From £2,496.20
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Product code: UKB231GBO
Our pricing* (estimated)
Quantity
Unit Price
1
£2,541.67
2+
£2,534.49
5+
£2,527.31
10+
£2,520.13
20+
£2,515.35
50+
£2,510.56
100+
£2,506.97
250+
£2,503.38
500+
£2,499.79
1000+
£2,496.20
Gold Bullion
Bullion refers to a non-ferrous alloy that is refined to a high standard in both weight and purity. Due to its alloy count, bullion is a great option for investment.
People buy them for the intrinsic value of the precious metal they contain, so production places greater emphasis on efficiency. They are struck at a rate of up to 250 gold and 3,000 silver coins per hour and are of a similar standard to Brilliant Uncirculated coins.
VAT free for non VAT registered private individuals
Can be Vaulted
Store in The Vault, our on-site precious metal storage facility
CGT Exempt
Exempt from UK capital gains tax for UK residents, due to being legal tender
Key Features
Each Britannia 2023 bullion coin featuring the fifth and final effigy of Queen Elizabeth II has a limited production run. A Britannia coin featuring King Charles III’s first effigy will be released in the new year.
The iconic Britannia coin design features four advanced security features
A latent image changes from a padlock to Britannia’s famous trident
Surface animation creates movement in the background of waves
The micro-text provides both decoration and protection
Britannia’s shield bears the Union flag, which is accented with tincture lines
Presented in Britannia-branded blister packaging
Created by the team behind the United Kingdom’s 12-sided £1 coin, which is known as ‘the world’s most secure coin’, the Britannia 2023 bullion coin features innovative security technology that make it the most visually secure bullion coin in the world.
Struck in 999.9 fine gold and enhanced with four security features, Philip Nathan’s depiction of Britannia is as beautiful as ever on this bullion coin. In the lower left-hand of the design, below Britannia’s flowing gown, a trident represents her naval history and as the viewer changes their perspective this trident becomes a padlock, emphasising the coin’s secure nature. Surface animation reflects the movement of waves and fine details such as the Union flag on Britannia’s shield have been carefully highlighted in the coin’s bullion finish. These added security features both decorate and protect the coin, just as the micro-text that borders the design states – ‘Decus et Tutamen’, which translates as ‘An ornament and a safeguard’.
These features are also available on the one kilo and one ounce fine silver, half-ounce, quarter-ounce and tenth-ounce fine gold.
How are bullion prices calculated?
The 'buy' and 'sell' prices shown on the website represent the market value of raw vaulted metal in an 'unallocated' form. This is the standard way prices are quoted throughout the bullion industry. In order for The Royal Mint to deliver beautifully crafted precious metals products to your address, or to our vault, a number of processes must take place, all of which incur a cost. These processes include transportation, refining, minting, quality checking and merchandising.
The price at which The Royal Mint is able to sell bullion products to consumers is therefore made up of the 'spot price' (the buy price) plus an additional premium. The premium accounts for the costs incurred in manufacturing a particular product and is usually either a percentage of the buy price or a fixed monetary amount. In short, manufactured bullion products always sell at a premium to enable retailers and manufacturers to cover their costs.
Can I spend/pay using my bullion coins?
All UK coins, whether circulating or non-circulating, are authorised as “legal tender” by Royal Proclamation, in accordance with the Coinage Act of 1971.
Legal tender allows UK coins to be accepted for payment of debts in court – but, only circulating legal tender coins are designed to be spent and traded at businesses and banks. The Royal Mint creates commemorative and bullion coin series to celebrate key moments or individuals, and these are treasured for their collectable and aesthetic value, or purchased for investment opportunities. However, these non-circulating, commemorative and bullion coins are limited edition and will not enter general circulation – meaning banks and businesses are not required to accept them.