The Silver Britannia is struck by the Royal Mint at one ounce (31.1035 g) with a fineness of 999 since 2013. Its buyback value follows the fine weight times the day's spot price, plus a market premium.
The Britannia is the Royal Mint's silver investment coin. Since 2013, it has been struck at a fineness of 999 (earlier years were 958). It weighs one troy ounce (31.1035 g), about 31.07 g of fine silver. Its reverse shows the figure of Britannia, helmeted and holding a trident.
It is a recognised bullion coin, fitted with modern security features on recent years (wave-effect background, micro-details). Like other investment ounces, it is sought for its metal; special or Proof editions, however, may fall into the collector category.
For a recent year: 31.1035 g × 0.999 × the day's silver price. Beware of Britannias from before 2013, at 958 fineness, whose fine weight is slightly lower (about 29.8 g). The world spot is the same for everyone; the gap between two offers comes from the professional's margin.
To place a buyback offer, compare it with the fine weight times the current spot. Our silver buyback page lets you compare professionals. The reasoning matches that of the Silver Krugerrand, another ounce struck at 999.
The Britannia's premium depends on demand, packaging and condition. The year matters for the fineness: check whether it is a 999 coin (2013 onward) or a 958 coin (before 2013), because the fine weight differs. A coin in its original capsule is generally better valued.
At buyback, the professional authenticates the coin (weight, dimensions), reads the year, then applies its schedule. Payment is made by bank transfer or cheque above cash limits, with ID and register entry. Avoid any abrasive cleaning, which has no effect on the fine weight and may devalue the coin.
Since 2013, the Silver Britannia is struck at 999 for one troy ounce (31.1035 g). Earlier years were 958, with a slightly lower fine weight.
Britannias before 2013 are 958 fineness, about 29.8 g of fine silver per ounce, versus 31.07 g for recent 999 coins. The fine weight, and thus the metal value, differs slightly.