Britannia Coins are one of the most popular collectable coins on the market, in the UK today. With their intricate and detailed designs, their high gold and silver content, and their long history, Britannia coins have become a favourite of both collectors and investors alike.
But is investing in these coins really worth it? Let’s take a look at what makes Britannia coins so attractive to investors. Are they a good investment?
The History of Britannia Coins
Britannia coins are British gold and silver bullion coins minted by the Royal Mint since 1987 and 1997 respectively. They feature an iconic design of the standing figure of the female personification of Britain, Britannia. The Britannia image first appeared on Roman coins in 43 AD.
The coin is available in both gold and silver versions, all contain one troy oz of pure gold or silver. The coins prior to 2013 were heavier, being produced in 22ct gold (91.67% purity) or 958 silver (95.8% purity). The 24ct Fine Gold and 99.9 Fine Silver versions were launched in 2013 to commemorate the coin’s 25th anniversary.
The death of Queen Elizabeth II has meant that for 2023 there will be two 1 oz 2023 Britannia Coins. The first was produced bearing the head of Queen Elizabeth II. The second, to be released soon, will be the first to feature the Kings Charles III effigy by Martin Jennings.
Investment Potential
The main draw of investing in gold Britannia coins is their value as an investment vehicle. Gold, more than silver, is considered a safe haven asset by many investors because it tends to hold its value over time. The gold coins are VAT free and has lower relative premiums. Gold also has a low correlation with other assets, which means that it can provide diversification benefits to portfolios that include stocks or bonds.
For example, during periods when stock prices fall due to economic downturns or geopolitical events, gold prices may remain relatively stable or even increase due to increased demand for precious metals as an alternative form of investment. This stability makes gold an attractive option for investors looking for long-term gains without taking too much risk.
Capital Gains Tax-Free
It’s also important to remember that Britannia gold and silver coins are legal tender in the UK so are not subject to Capital Gains Tax.
Read 'What Bullion Is Capital Gains Tax Exempt?'
Another selling point for investing in Britannia coins is their collectability factor. This can add significant value over time if you buy them from reputable dealers at fair prices. This means that if you hold onto your Britannia coins for long enough you may be able to sell them at a higher price than what you paid.
Conclusion
Overall, investing in Britannia coins can be a good idea if done correctly – especially if you are willing to do some research into market trends before buying and holding onto your assets for several years or more before selling them off again when market conditions are favourable. The unique combination of collectability and investment potential make these coins particularly attractive investments.
As always, it’s important to do your research before investing so that you can make informed decisions about where to put your hard earned money!
Browse all of our Britannia coins
Here to help
Bleyer offers expert consultancy and welcomes appointments with customers looking for a personal service either face to face, by phone or online. Give our expert team a call on 01769 618618 or email sales@bleyer.co.uk.
As well as selling coins and bars we are always happy to buy your precious metal bars and coins. We will offer the very best price we can.
