Britannia and Liberty 2024 1oz Silver Bullion Coin
Bullion | Limited to 260,500 coins worldwide
Collaborating with the United States Mint, we have formed a groundbreaking partnership in which Gordon Summers and Joseph Menna, the Chief Engravers of each of these mints, have collaborated on a coin design together for the first time.
The masterfully crafted design unites the national symbols of Britannia and Liberty, a physical representation of the ‘special relationship’ – a phrase coined by Sir Winston Churchill in 1946 – shared between the United Kingdom and the United States.
Inspired by the concept of court cards, Britannia and Liberty share equal prominence in this masterfully crafted design that represents the skill and experience of each Chief Engraver. The figures also represent fortitude and freedom, virtues that underpin the national identities of both the UK and the US.
The Britannia and Liberty bullion coin is also available struck in one ounce of gold and a quarter of an ounce of gold.
The Royal Mint's bullion editions of the 2024 Britannia and Liberty are the only bullion iterations available to purchase that incorporate this design. Other coins that share the design include commemorative coin editions from The Royal Mint, and the 1oz gold coin and 1oz silver medal produced by the U.S. Mint, all of which have been struck to proof standard.
- There are 10,000 one ounce 999.9 fine silver bullion coins available to purchase online through The Royal Mint
- Individually packaged in a single coin capsule
- Struck to The Royal Mint’s bullion standard
- There is no household limit for customers purchasing coins from the Britannia and Liberty bullion range.
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.
For more information on legal tender guidelines see: www.royalmint.com/aboutus/policies-and-guidelines/legal-tender-guidelines
Specification
Britannia and Liberty 2024 1oz Silver Bullion Coin
| Specification | Value |
|---|---|
| Denomination | £2 |
| Alloy | 999 Fine Silver |
| Diameter | 38.61mm |
| Reverse Designer | Gordon Summers and Joseph Menna |
| Obverse Designer | Martin Jennings |
| Specification | Value |
|---|---|
| Quality | Bullion |
| Year | 2024 |
| Pure Metal Type | Silver |
| Pure Metal Content | 1 Troy Oz |
| Fineness | 999 |
| Packaging | Single Coin Capsule |
