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Like many other mints, the Royal Mint issues bullion coins in precious metals, having much higher intrinsic value than their face value. The one ounce (1 oz) silver coins are denominated as two pounds. Initially, these were only of the Britannia type, but in 2015 the Royal Mint started to use the format for coins with other types of reverse designs. The coins are legal tender but are not intended for circulation. They are targeted at bullion investors or collectors who appreciate the special editions as pieces of art. | ||||
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London Mint Office coins. |
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Family-run store trading in rare coins and bullion, plus jewellery design and sales |
Country | United Kingdom |
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Currency | Pound Sterling |
Sub-types |
Fifty Pounds (Silver Ounce) Silver Ounce (1 oz) Britannia Silver Ounce (1 oz), One year types |
From | 1997 |
Face Value | 2 (x Pound) |
Current | Yes |
Material | 0.999 Silver |
Designer | |
Technology | Milled (machine-made) |
Shape | Round |
Orientation | Medal Alignment (Axis 0) |
Size | 38.6100 mm |
Thickness | 3.0000 mm |
Mass | 31.2100 g |
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Catalog of Modern World Coins 1850-1964 |