- How to Buy?
- Payment Options
- Delivery Options
- Gold Storage
- Storage at Brink's
- Gold Investment Guide
- Why buy gold?
- Is gold a good investment?
- Why physical gold?
- Best time to buy gold?
- Gold bars vs coins?
- Gold vs Silver
- Gold - Silver Ratio explained
- VAT on bullion
- CGT on bullion
- Legal tender coins
- Top 5 Gold Investments
- Top 5 Silver Investments
- Gold vs ISAs
- Gold vs Buy-to-Let
- Gold vs FTSE 100
- Gold vs Bitcoin
- Where to buy gold?
- Why buy from us?
- Where to sell gold?
- Coin Shops
- Gold Price Forecasts
- Top 10 Gold Producers
- Top 10 Gold Reserves
- Gold Britannia vs Sovereign
- Britannia coin designs
- Sovereign coin designs
- Sovereign Mintages
- Sovereign mint marks
- British coin specs
- What is a proof coin?
- Royal Mint bullion
- The Queen's Beasts
- Royal Mint lunar coins
- Bullion Refiners
- British coin mints
- Gold Tola - India & Pakistan
- Countdown to Brexit
- The Fine Jewellery Company
- Bullion Index
The Royal Mint is the organisation responsible for the production of British coins and is the official
manufacturer of all coins in the United Kingdom. It has been in operation for more than a millennium,
since it opened as the London Mint in the year 886 AD, and also produces coins circulated in more
than 60 other countries. It is a name synonymous with quality and the Royal Mint has produced millions
of bullion coins throughout its history.
Royal Mint Coins
BullionByPost stocks a range of bullion coins produced by The Royal Mint, including gold and silver
Britannias as well as Sovereigns, Half Sovereigns and a range of proof and collectible coins. Bullion
coins made by The Royal Mint - Britannias and Sovereigns - are British legal tender and are therefore
exempt from Capital Gains Tax. This adds an extra dimension to their value as investment coins,
as any profit made from the sale of these coins is tax free. Although the premiums on coins are usually
higher than bullion bars, this initial outlay could be offset by the tax benefits when the time comes to
cash in on your investment.
BullionByPost stocks a range of coins produced by The Royal Mint. Most popular of our Royal Mint
coins are gold and silver Britannias and Sovereigns – available in several denominations. Investment
in these is extremely popular given their status as British legal tender. As they are technically considered
to be currency, they are exempt from capital gains tax - the tax to be paid on profits made from the sale
For investors in bullion this is an excellent advantage as it means that in any instance where an individual
sells their CGT exempt assets for a large profit, they are able to keep or reinvest the returns on their
investment without losing any to taxation.
As well as uncirculated bullion coins, The Royal Mint also produces a large range of proof and collectible
coins that attract slightly different interest. Proof coins differ from uncirculated coins in that their higher
production costs mean they will usually come at significantly higher premiums than their bullion value.
A great example of this is the Sovereign Five-Coin Proof Set. Each year The Royal Mint releases a set of coins
consisting of proof versions of the 5 denominations of Sovereign. At the current spot price the combined gold
content of these coins is worth around £1,790. However, the proof set would most likely trade for at least
£1,000 more than that. Special edition proof coin sets will often be released by The Royal Mint in order to
celebrate certain events or anniversaries.
It should be noted, however, that these coins will often come at inflated premiums due to their attraction to
coin collectors, or numismatists. However, such characteristics do not increase the coins’ intrinsic value,
which is based purely on the value of its pure gold or silver content and not factors such as rarity or grade.
The Royal Mint’s rich tradition and reputation for quality means that its products are recognised internationally,
meaning there will always be a potential buyer for your Sovereign or Britannia. The Sovereign is widely
acknowledged to be the world’s leading bullion coin and have even been issued to soldiers to use in case of
emergency when stranded behind enemy lines - testimony to the coin’s international value and appeal.