The Gold Britannia is a British bullion coin with a nominal face value of £100, containing 31.1g (1 troy ounce) of pure gold. As of 2013, 1oz gold Britannias measure 38.61mm across and weigh 31.1g of 24 carat gold. Those minted between 1987 and 2012, however, have a diameter of 32.69mm, containing one troy ounce of fine gold, mixed with a further 2.946g of either copper or silver.
All Britannias feature the head of Queen Elizabeth II on the obverse, with the image of the British national icon Britannia on the reverse, a historical feature whose presence on British coins is evident as far back as the Roman Empire.
This 24 carat bullion investment coin is available in several denominations- half, quarter, and tenth ounce Britannias.
Investing in Britannias
Given their status as British legal tender, these coins are exempt from capital gains tax (CGT), the tax paid on profits made from the sale of assets. This means that any profit you might make when you sell gold Britannia coins will be yours to spend or reinvest how you please. Due to UK laws concerning the sale of gold bullion, these coins are also exempt from VAT, meaning that investing in gold Britannias is an exceptionally tax-efficient way of storing your wealth.
At gold.co.uk we have a range of gold Britannias for sale at low premiums, with inexpensive insured next day delivery, offering you a convenient and secure method of investing in gold Bullion.