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British Silver Britannia

Posted by Silver Rounds | Posted in Coins | Posted on May 08th, 2009

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For over a decade, the British Royal Mint has issued the Brittania bullion silver coin. The coin contains standard Brittania silver, which is measured as 95.8% pure silver, and is available in a variety of denominations, ranging from 1/10 ounce to a full ounce.

The Royal Mint issues the £2 coins each year in proof formats, as well as for standard currency circulation. Collectors pay close attention to the variations in the coins, including the Brittania graphics, which have been slightly modified over the years to reflect a unique perspective.

While not as high grade or purity of silver as the American Silver Eagle, coin collectors still look to the Royal Mint as a quality producer of precious metals. The Mint has been producing proof gold coins for decades and even backing its currency with gold denominations dating back to the Bretton Woods monetary conference in the wake of the Second World War, when the major world banks switched from the Gold Standard.