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.
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
Free Delivery
Free UK delivery on all bullion products to your registered address
Struck in a tenth of an ounce of 999 fine silver
The smallest silver coin in the Britannia bullion range
Includes Philip Nathan’s world-famous Britannia design
The radial lines in the background of the design act as a security feature
Finished to The Royal Mint’s Bullion standard
Packaged in a single coin tube
With a history that stretches back to the time of the Roman emperor Hadrian, Britannia is the female embodiment of Britain that has evolved through the centuries. In 1987, sculptor Philip Nathan created a bold interpretation of the icon for a new bullion coin. Over 35 years later, many consider the design a modern classic and the Britannia coin is recognised worldwide as a flagship product of The Royal Mint. Philip Nathan’s Britannia stands steadfast amongst crashing waves wearing a classic Corinthian helmet, her shield bearing the Union flag by her side, whilst she holds an olive branch representing peace. For 2025, the award-winning design is as beautiful as ever, struck in 999 fine silver on this coin finished to our Bullion standard.
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.