Like many other mints, the Royal Mint issues bullion coins in precious metals, having much higher intrinsic value than their face value. The ten ounce (10 oz) silver coins are denominated as ten pounds (£10).
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. The coins are typically "one-year" types usually issued in parallel with smaller denominations with the same reverse designs.
Britannia coins belong to an extensive range of British bullion coins issued by the Royal Mint in gold since 1987 and in silver since 1997. The range has a "definitive" Standing Britannia design issued every year as bullion (such as this coin), and a series of one-year types issued as collector proofs only.
The ten ounces of silver format was added to the Britannia range in 2024.
The Royal Mint says about the coin:
For more than 1,100 years, The Royal Mint has combined tradition and innovation to create beautiful, secure and trusted coins. In 2025, Britannia continues to lead the way in defining security in the bullion market. This latest incarnation of the icon combines Philip Nathan’s 1987 interpretation with four pioneering security features to create one of the most visually secure coins in the world. This ten-ounce silver coin includes four security features as does the one kilo and one ounce silver editions of the 2025 Britannia; these features are also available on various gold and platinum editions of the coin. | 
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