Britannia coins are British bullion coins issued by the Royal Mint in gold since 1987 and in silver since 1997.
Britannia gold coins contain one troy ounce of gold and have a face value of £100. Gold Britannias also are issued in fractional sizes of one-half, one-quarter, and one-tenth of a troy ounce and with face values of £50, £25, and £10 respectively. In 2013 two additional sizes were introduced, a five-ounce coin of face value £500, and a fractional size of one-twentieth of face value £5.
Britannia silver coins contain one troy ounce of silver and have a face value of £2. Silver Britannias also are issued in fractional sizes of one-half, one-quarter, and one-tenth of a troy ounce and with face values of £1, 50p, and 20p respectively. Like the gold coins in 2013 two additional sizes were introduced, a five-ounce coin of face value £10, and a fractional size of one-twentieth of face value 10p.
Video Britannia (coin)
Gold Britannia
From 2013 the gold coins have a millesimal fineness of .9999 (or 24 carat gold). Until 2012 the gold coins have a millesimal fineness of .917 (91.7% or 22 carat gold) with the non-gold component being copper until 1989 and silver from 1990.
2013- Gold Britannia specifications (gold content, and approx total weight)
- Five ounces: diameter 65 mm, (156.295 g)
- One ounce (2013) : diameter 38.61 mm, (31.104 g) 'larger thinner coin' just for 2013
- One ounce (2014-) : diameter 32.69 mm, (31.104 g)
- Half ounce: diameter 27 mm, (15.60 g)
- One quarter ounce: diameter 22 mm, (7.86 g)
- One tenth ounce: diameter 16.50 mm, (3.13 g)
- One twentieth ounce: diameter 12 mm, (1.58 g)
1987-2012 Gold Britannia specifications (gold content, not total weight)
- One ounce: diameter 32.69 mm, (31.104 g) (total wt 34.050 g)
- Half ounce: diameter 27.00 mm, (15.552 g)
- Quarter ounce: diameter 22.00 mm,(7.776 g)
- Tenth ounce: diameter 16.50 mm, (3.110 g)
Maps Britannia (coin)
Silver Britannia
Since 2013 the silver coins have been produced with a millesimal fineness of .999 (99.9% silver). Mass 31.21 g and Diameter 38.61 mm.
From 1997 to 2012 the silver coins had a millesimal fineness of 958 (95.8% or Britannia silver). Total mass 32.45g, Diameter 40.00mm.
Silver Britannias have been released each year beginning in 1997, when a silver proof set was offered. In 1998 and in all subsequent even-numbered years the reverse design has depicted a standing Britannia figure. Beginning in 1999 and continuing in odd-numbered years, a series of alternate, non-repeating depictions of Britannia have replaced the standing figure on the reverse. Starting in 2013, the proof versions of the coin will feature a different design each year, while the bullion version of the coin will always feature the classic standing Britannia. While mintage was limited prior to 2013, in 2013 and after mintage of the bullion version of the coin is unlimited based on demand.
Some 2014 silver Britannia coins were struck with the incorrect obverse as there was a mix up during the manufacturing process with the 'Lunar' Year of the Horse coins from The Royal Mint, as both coins were to the same fineness and specification, and similar but not identical obverse sides. It is thought that there are around 17,000 examples with the mis-strike, which have been dubbed the 'Mule Britannia' These coins have fetched substantial premiums on online auction sites.
Silver Britannia mintages
The following table has the most recent numbers of coins minted by year.
See also
- American Gold Eagle
- Australian Gold Nugget
- Canadian Gold Maple Leaf
- Krugerrand
- Chinese lunar coins
- Gold as an investment
- Silver as an investment
References
- Krause, Chester L.; Clifford Mishler (2004). 2005 Standard Catalog of World Coins: 1901-Present (32nd ed.). Krause Publications. ISBN 0873497945.
- Coins of England & The United Kingdom, 40th ed., Spink, 2005, ISBN 1-902040-59-7
Source of article : Wikipedia
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