Silver Britannia Coins
Are Silver Britannia coins a good investment?
The 1oz Silver Britannia Coins is one of our most popular selling silver investment coins from The Royal Mint, UK. Britannia Silver Coins are available at very low prices making it ideal for those looking to invest in physical assets such as precious metals. Silver Britannia Coins also offer exemption from Capital Gains Tax (CGT) because they are considered British legal tender by law, making them ideal for investment.
The Royal Mint produced gold Britannia coins in 1987, followed by silver Britannia editions in 1997 with silver purity of 0.958 (95.8%). However, in 2013 the fineness of these silver coins has increased to 0.9999 (99.9%) Fine Silver.
View silver prices chart for the UK with other currencies including Dollar and Euro.
Are Silver Britannia coins VAT free?
For those looking to invest in precious metals, it is important to understand the VAT implications of different types of bullion. In the UK, gold bullion is exempt from VAT for non-VAT registered private individuals. This includes popular ranges such as The Sovereign and Britannia. However, silver and platinum bullion are subject to VAT at the current rate of 20%. For investors based in other countries, the VAT rules may differ, so it is always advisable to seek professional advice before making a purchase. Despite the additional cost, silver and platinum can still be attractive investments due to their lower price point and abundant industrial uses.
How can I invest in Silver Britannia in the UK?
When it comes to investing in silver, there are a few different options to choose from. A single 1oz Silver Britannia coin is a popular choice for many investors. These coins are struck by the British Royal Mint and feature a classic design that is iconic and timeless. For those looking for a more cost-effective option, a tube of 25 silver coins is also available. This option allows investors to purchase silver at a discounted rate, and it also makes storage and transport easier. Finally, for those wanting to make a larger investment, a monster box of 500 silver coins is also an option. This option provides the best value for money and is perfect for those looking to build a substantial silver portfolio.