Pre-Owned 1oz Royal Mint Silver £2 Coin

Pre-owned Royal Mint £2 1oz 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 £2 1oz silver coins are drawn from the Royal Mint Lunar, Royal Arms, Myths and Legends, Valiant, Landmarks of Britain, Lion and Eagle, and St George and the Dragon series. The range began in 2014 with the Lunar Year of the Horse, and all of these coins measure 39mm across. As a pre-owned product we cannot guarantee which design you will receive as this is dependent on our current stock.

These Royal Mint £2 1oz silver coins are UK legal tender with a face value of £2, which makes them exempt from Capital Gains Tax for UK residents. Any profit you make when you sell is yours in full, however far the silver price has moved in the meantime. That exemption does not extend to bullion bars, or to coins from overseas mints. For a larger holding, or for anyone who expects to sell in stages over several years, that can be worth considerably more than the premium saved on a non-exempt product. Tax treatment depends on your own circumstances and on current HMRC rules.

Each Royal Mint £2 1oz silver coin is guaranteed to contain one troy ounce of 999 fine silver, and is legal tender with a face value of £2. The metal content is identical to that of a new coin, only the packaging and presentation differ. Every pre-owned coin is checked and tested by our experienced in-house team before being offered for sale. As a second-hand product, these coins are supplied without their original mint packaging, capsules or certificates.

Please note: these Royal Mint £2 1oz silver coins have been bought back from our customers and may show signs of previous ownership, including surface marks, blemishes or tarnishing. The appearance and condition will vary between individual coins. These cosmetic imperfections, and the absence of any original certificate, do not affect the intrinsic value of the precious metal. We offer the same buyback rate as we would for the equivalent new coin, based on the precious metal content. Collectors who want a flawless example should look at our new CGT-free silver coins instead. For investors buying purely for the precious metal, this is one of the most cost-effective ways to do it.