Loading…
$64.76
The Silver Britannia is the Royal Mint’s bullion coin — one troy ounce, .999 fine since 2013, and free of UK capital gains tax for British residents.
Prices last updated
| Total weight | 31.103 g |
|---|---|
| Fineness | .999 (99.9%) |
| Pure silver content | 31.072 g (0.9990 ozt) |
| Years struck | 1997–present (.958 until 2012, .999 from 2013) |
| Country | United Kingdom |
| Face value | £2 |
Britannias struck between 1997 and 2012 are Britannia silver standard, .958 fine, rather than .999 — so an older coin holds about 4% less silver than a modern one of the same weight. As legal tender UK coinage, Britannias are exempt from capital gains tax for UK residents, which is often the deciding factor for British buyers choosing between them and cheaper imported silver.
Its melt value is about $64.76, based on 0.9990 troy ounces (31.072 g) of pure silver at a spot price of $64.83 per troy ounce. That is the metal content only — the coin may be worth considerably more to a collector.
The coin weighs 31.103 g in total and is 99.9% fine (.999), so it contains 31.072 g of pure silver — 0.9990 troy ounces.
Not exactly. Melt value is the raw metal content at spot. Scrap buyers and refiners typically pay 80–95% of melt to cover refining and margin, while recognised bullion coins and collectable dates usually sell for more than melt, not less. Melt is best treated as the floor under a coin’s price.
Counting a mixed jar? Use the junk silver calculator.