Why invest in Britannia coins?

Posted by Uk Bullion
6
Nov 28, 2016
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Britannia coins are an attractive investment since they are exempt from Capital Gains Tax (CGT) due to their status as UK legal tender. This makes them a good investment for people who regularly exceed their CGT allowance. But this is not the only reason why people choose to invest in Britannia coins. They are also appealing collectors’ items due to the obverse and reverse of these coins that has given much scope for sets based on dates and designs.

Britannia coins are available in both gold and silver.

The first Gold Britannia coins were produced by the Royal Mint in 1987 with a face value of £100.

Britannia gold coins made from 2013 have a millesimal fineness of .9999 (or 24 carat gold). Until 2012 the gold coins had a millesimal fineness of .917 (91.7% or 22 carat gold) with the non-gold component being copper until 1989 and silver from 1990.

Silver Britannia coins contain one troy ounce of silver and have a face value of £2. Britannias in silver are also issued in fractional sizes of one-half, one-quarter, and one-tenth of a troy ounce and with face values of £1, 50p, and 20p respectively. Recently, in 2013 two additional sizes were introduced, a five-ounce coin of face value £10, and a fractional size of one-twentieth of face value 10p. If you’re interesting in purchasing Silver Britannia coins then take a look at https://www.ukbullion.com/silver/buy-silver-coins/silver-britannias.html.

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