Pre-owned 1oz silver Britannia 958 coins are a cost-effective way to buy these earlier Royal Mint Britannias second-hand, and their £2 face value makes them free from Capital Gains Tax for UK investors.
Our pre-owned 1oz silver Britannia 958 coins come from a range of different years. Struck by The Royal Mint between 1997 and 2012, these earlier Britannias are 95.8% silver and 4.2% copper, which makes them noticeably more hard-wearing than a pure silver coin. Designs vary by year, all depicting Britannia with trident and shield. As these are second-hand you cannot request a particular year, as this depends on the stock we hold at the time.
These 1oz silver Britannia 958 coins carry a face value of £2 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 1oz silver Britannia 958 coins are guaranteed to contain one troy ounce of fine silver, in a 958 fine coin weighing 32.46 grams, and are legal tender with a face value of £2. 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 1oz silver Britannia 958 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 silver Britannia coins instead. For investors buying purely for the precious metal, this is one of the most cost-effective ways to do it.