Silver Kilo 2019 Britannia, Coin from United Kingdom - detailed information

Like many other mints, the Royal Mint issues bullion coins in precious metals, having much higher intrinsic value than their face value. Most of these by tradition are measured in troy ounces of fractions thereof, but the mint also introduced metric coins measuring one kilogram of pure metal (they are actually fractionally heavier as a whole, to account for the small amount of other metal in the alloy).

The 1 kg silver coins are denominated as Five Hundred Pounds (£500), although their intrinsic (bullion) value is much higher than their face value. The coins vary in design depending on the occasion (they are "one-year" types usually issued in parallel with smaller denominations with the same 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.

Britannia as a symbol has been depicted on British coinage for centuries. The bullion series called Britannia has been issued in gold since 1987 and in silver since 1997; it has a "definitive" depiction - used on bullion coins (Brilliant Uncirculated grade), as well as “Britannia, the Changing Face of Britain” - a series of one-year designs like this one - used on proofs made for collectors.

In 2019, designer David Lawrence offered a second interpretation of Britannia, standing boldly with a lion by her side. This is the second year in a row that he has contributed a portrait of Britannia, lending her an air of consistency as the current and previous incarnations are compared side by side.

David said of his of design, “My initial thoughts were influenced by the great engravers of the past. Their work has a classical grace and gravitas I was keen to recreate. After all, coins of the realm are a serious business. The lion had to be there somewhere, as did the shield and trident... many of the components were already decided in a way. The end result is an Anglicised version of ancient Rome.”