The Coronation Britannia 2023 1oz Silver Bullion Coin
Bullion | Limited to 200,000 coins worldwide
This special edition of one of the most celebrated bullion coins in the world celebrates the coronation of His Majesty King Charles III. The obverse features the first crowned coinage portrait of His Majesty King Charles III, designed by Martin Jennings, whilst the reverse of the coin features Britannia, an icon that is recognised around the world. Each coin in the range is available in limited numbers.
- Made to mark the coronation of His Majesty King Charles III
- Features the first crowned coinage portrait of His Majesty The King, designed by Martin Jennings
- The iconic Britannia coin design includes four advanced security features
- Encapsulated in a single coin capsule
- Exempt from Capital Gains Tax for UK residents
- A limited mintage of 200,000
- The 2023 Coronation Britannia coins will be the only Britannia bullion coins in history to feature the first crowned effigy of His Majesty King Charles III
Why isn't there a castellation around the edge of The Coronation Britannia obverse design?
The official crowned bullion effigy struck to mark the coronation of His Majesty King Charles III does not feature the traditional Britannia edge castellation. In line with The Royal Mint’s commitment to sustainability, we have used the same crowned obverse as the rest of the Coronation bullion coin range to improve efficiency and reduce waste.
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
The Coronation Britannia 2023 1oz Silver Bullion Coin
| Specification | Value |
|---|---|
| Denomination | £2 |
| Alloy | 999 Fine Silver |
| Diameter | 38.61mm |
| Reverse Designer | Philip Nathan |
| Obverse Designer | Martin Jennings |
| Specification | Value |
|---|---|
| Quality | Bullion |
| Year | 2023 |
| Pure Metal Type | Silver |
| Pure Metal Content | 1 Troy Oz |
| Fineness | 999 |
| Packaging | Single Coin Capsule |
