The 2015 Britannia gold coins have a millesima fineness of .9999 (24 carat gold). Older coins are a less pure fraction, about 91.7% gold with a copper core (in coins before 1989) or a silver core (in coins after 1990). Gold Britannias are legal tender with a face value of £100 and contain one troy ounce of gold. Although they are legal tender with fixed denominations, most traders will sell and buy Britannias gold for much higher sums. In 2017, a collection of 633 gold sureigns and 280 demi-sureigns was discovered hoarded in an upright piano donated to a community college in Shropshire, England.  The pieces, dating from 1847 to 1915, were found by a technician who was asked to tune the piano under the piano keyboard. Despite the question of who could have stored the parts, neither the owners nor the complainants were found. Coin issued annually by the Government of Canada and classified as legal tender. You should read this notice as well as purchases, imports and investments in gold (VAT Communication 701/21), which contains more information on the trade in gold coins. They can also be bought at lower prices than gold bars and are perfect for a first investment in gold and for those looking for low premiums for a small investment. When investing in physical gold coins, Britannias are often the choice made by new and experienced investors. An important point is that gold and silver coins may not be considered legal tender if it is determined that the weight of the coin is less than the weight indicated on the coin.
Even today, several locations outside the UK accept legal tender British coins. Once payment is received, we will keep the channels of dialogue open with you. It is up to you to decide whether you would like us to deliver your gold coins to you so that you can secure them discreetly at your own residence, or if you entrust them instead to our registered safes of the London Bullion Market Association (LMBA). These latter options offer you total security, absolute security, as well as insurance certification and a unique registration number. It should be noted when buying Britannias gold that the actual value of these coins is much greater than their face value. Equally problematic is that the allowance is not guaranteed forever. Any government can lower the threshold if it wants to, or abolish it altogether if it wants to levy taxes. So, if you bought taxable gold and they abolish the tax exemption threshold, you will be taxed on sale. • Britain minted before 2013 is made of 22-carat gold. Since then, they have been 24ct.
In 1816, a new currency law was introduced throughout Britain and the gold standard was introduced. At that time, Italian designer Benedetto Pistrucci came to London and was commissioned to design a new piece. He created the drawing of St. George who killed the dragon, and a new gold coin called Sovereign was published, depicting the head of King George III. Since then, the golden ruler has been used throughout the reign of various monarchs. King George III was replaced by King George IV and later by his third son, King William IV, whose short reign lasted from 1830 to 1837. After her death in 1837, Queen Victoria inherited the throne. • Composed of one troy ounce of gold, one troy quarter ounce of gold and two troy ounces of silver.
The role of the sovereign in popular culture continued: in the 1957 novel From Russia, with Love, Q James Bond issues a briefcase whose handle contains 50 sovereigns. When held at gunpoint by Red Grant on the Orient Express, Bond uses gold to distract Grant, leading to the villain`s destruction.  The sovereign survived both the decimalization and the move of the Royal Mint from London to Llantrisant, Wales. The last of the Gillick leaders had been defeated in 1968; When production resumed in 1974, it was with a portrait of Arnold Machin.  The last coin minted at Tower Hill in 1975 was a sovereign.  The British government encouraged the use of the sovereign as a tool for international trade, and the Royal Mint took steps to remove light gold coins from circulation. From the years 1850 to 1932, the Sovereign was also minted in colonial currencies, first in Australia, then in Canada, South Africa and India – they have been minted again in India for the local market since 2013, in addition to production in the UK by the Royal Mint. Rulers issued in Australia initially wore a unique local design, but by 1887 all new rulers wore Pistrucci`s George and Dragon design. The surcharges were so large that by 1900 about forty percent of Britain`s rulers had been hit in Australia.
• Comes in various forms including Half Gold Sovereign, £2 (or double) Gold Sovereign and £5 (or five times) Gold Sovereign. In addition, gold coins are divisible, which means they can be more easily liquidated into closer denominations. This fact makes gold coins a more flexible form of investment than, for example, gold bars. One-ounce silver Britannia coins are also legal tender and have a face value of £2, although they are usually worth much more than that. In practice, this means that although the British silver coins we produce in denominations of £5, £20, £50 and £100 are legal tender, they have been designed as limited collectibles or gifts and do not enter into general circulation.