Pre-owned Royal Mint 1kg silver coins are a cost-effective way to buy CGT-free British silver second-hand, offering the same metal content as a new coin at a lower price.
Our pre-owned Royal Mint 1kg silver coins can come from the Britannia, Tudor Beasts, Lunar, Royal Arms, Myths and Legends, Valiant and Queen's Beasts series. As these are second-hand, we cannot guarantee which design you will receive as this depends on the stock we hold at the time.
These Royal Mint 1kg silver coins carry a face value of £500 and are UK legal tender, which makes them exempt from Capital Gains Tax for UK residents. Whatever the silver price does between now and the day you sell, the gain is not subject to CGT. That is an advantage bullion bars and overseas coins do not share. For UK investors building a substantial position, that exemption is often the single biggest reason to choose British coins. Tax treatment depends on your own circumstances and on current HMRC rules.
These Royal Mint 1kg silver coins are guaranteed to contain 1 kilogram of 999 fine silver, and are legal tender with a face value of £500. You get precisely the same metal as a new coin, with only the packaging and presentation differing. All of these coins are checked and tested in-house by our experienced team before being listed. As these are second-hand, they come without their original mint packaging, capsules or certificates.
Please note: having been bought back from our customers, these Royal Mint 1kg silver coins may carry signs of previous ownership, including surface marks, blemishes or tarnishing. No two are identical, and both appearance and condition will vary between individual coins. None of this affects the intrinsic value of the precious metal, and nor does the absence of an original certificate. Our buyback rate is the same as for an equivalent new coin, based on the precious metal content. Collectors who want a flawless example should look at our new 1kg silver coins instead. For investors buying purely for the precious metal, this is one of the most cost-effective ways to do it.