Britannia coins are British bullion coins issued by the Royal Mint in gold since 1987 and in silver since 1997. Britannia gold coins contain one troy ounce of gold and have a face value of £100. Gold Britannias also are issued in fractional sizes of one-half, one-quarter, and one-tenth of a troy ounce and with face values of £50, £25, and £10 respectively. Britannia silver coins contain one troy ounce of silver and have a face value of £2. Silver Britannias also are issued in fractional sizes of one-half, one-quarter, and one-tenth of a troy ounce and with face values of £1, 50p, and 20p respectively. The gold coins have a millesimal fineness of 917 (91.7% or 22 carat gold) with the non-gold component being copper until 1989 and silver from 1990. The silver coins have a millesimal fineness of 958 (95.8% or Britannia silver).
Silver Britannias have been released each year beginning in 1997, when a silver proof set was offered. In 1997 and in all subsequent even-numbered years the reverse design has depicted a standing Britannia figure. Beginning in 1999 and continuing in odd-numbered years, a series of alternate, non-repeating depictions of Britannia have replaced the standing figure on the reverse.
1 Ounce Pure Silver (958)
Face Value: GBP 2
Diameter: 40.00 mm
2011: 500,000 (Max)