Silver Two Ounces 2021 Britannia, Premium Exclusive, 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. The two ounce (2 oz) silver coins are denominated as Five Pounds (£5).

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 as a symbol - the female personification of Great Britain - 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 design used on proofs made for collectors.

Starting in 2021, the Royal Mint introduced this third type, the Premium Exclusive, again as a one-year design.

The Mint says about it:
"The female warrior has been a constant throughout the ages; however, one thing that hasn’t remained the same is the manner in which Britannia coins are struck. In fact, coin production has changed dramatically, from the primitive days of literally striking handheld dies with a hammer to the cutting-edge technology used today.

The Britannia 2021 collection is based around the theme of the Spirit of Innovation and the design itself fully reflects that. Talented illustrator P. J. Lynch took this concept to heart, using the numismatic canvas to innovate how we see the image of Britannia. The Premium Exclusive version of the Britannia 2021 design provides an innovative interpretation of the classic icon for the modern day."