What Is the Price of Gold Britannia Coins?

Given that Britannia coins are considered legal tender in Great Britain, many are often curious as to what the coins are actually worth. Although they do have a monetary face value of whatever pound note they were minted as (such as 100 pounds for the traditional 1oz gold Britannia coin), their true value comes from their weight in precious metals. Britannia coins are formed from three different precious metals, including gold, silver, and platinum. The most traditional variant of the Britannia coin is the gold coin, and the most traditional form of the gold coin is the 1oz gold Britannia coin, with a monetary face value of 100 pounds. Of course, it’s actual monetary value can vary significantly depending on both the price of gold bullion and the added value of whatever year run the coin is from.

How Much Do Gold Britannia Coins Cost?

The fact of the matter is, even the least valuable gold Britannia coin is worth a good deal more than it’s face value of 100 pounds. Depending on the market, a gold Britannia coin may net you well over 1500 pounds. As with any precious metal, this value only increases over time. As well, gold Britannia coins have the added benefit of featuring unique engravings each year, giving each run it’s own historical value. Because of this, coins from past runs can be worth a good deal more than their weight in gold.

How Much Are Gold Britannia Coins Worth?

As with any precious metal, the amount you stand to make or pay for a gold Britannia coin is dependent both on the method of sale and the value of gold bullion at the time of sale. The more parties are involved in said sale, the more you will have to pay. For instance, if you are buying from or selling to a third-party, such as a brick-and-mortar gold bullion shop, you may have to pay a little bit more than you would if you were buying directly from a personal collector. In these instances, though, you will also generally have the added benefit of seeing the coin beforehand. While gold Britannia coins can be purchased in current runs in their uncirculated forms, older ones are also often bought secondhand and third-party.

Are Gold Britannia Coins Cheaper In Higher Quantities?

As well as fluctuating based on the current market, the price of gold Britannia coins may also fluctuate a considerable amount based on the quantity you are buying at a time. Many times, buying higher quantities will yield you a smaller sum price overall than if you were to buy each coin individually. However, in the cases where one may be trying to acquire multiple occurences of a specific out-of-print run, the case might actually be the opposite, with coins becoming rarer and more expensive the more of a specific run you try to find.

Where Is the Best Place to Buy Gold Britannia Coins?

If you are trying to get the best bang for your buck when it comes to gold Britannia coins, buying them directly from an online retailer may be your best bet. You will traditionally be able to find current and recent runs uncirculated at a discounted price for larger quantities. As well, you will be paying less than you would when purchasing them from a third-party or brick-and-mortar seller. The more you buy, the less you will pay for each individual coin. The coins that you buy will go up in value over time based both on the ever-increasing price of gold bullion and the historical value of the coins themselves. Each run of coins is totally unique, and each year of engravings poses something unique to both the buyer and the historian.

Why Are Gold Britannia Coins So Expensive?

The reason that Britannia coins are so expensive is that they are made out of precious metals. Since 2013, gold Britannia coins have been made out of 24 karat gold. Prior to 2013, they were made from 22 karat gold, though these coins are still typically more valuable than more recent coins when their rarity and historical value are taken into consideration. Although they cost considerably more than their meager face value in the eyes of the law would indicate, gold Britannia coins are well worth it when you take into account the economic nature of precious metals. Unlike any other investment on the market, precious metals are an impenetrable market that rarely, if ever, deteriorates, similar to precious metals themselves. By investing in gold bullion, you are making an investment that you can be sure will pay off. There is no risk involved in buying gold bullion, which makes gold Britannia coins and easy and secure investment for beginners and experienced investors alike.

Are Gold Britannia Coins Collector’s Items?

On top of the ever-rising value of the precious metals that Britannia coins are formed from, the coins also have considerable value due to their limited runs, as well as their cultural and historical appeal. A symbol of both wealth and power, Britannia coins hold a global mystique that they did not gain for no reason. Not only are 1oz gold Britannia coins the highest denomination of coin in Great Britain, but they are both exponentially and infinitely more. Their esteem and material value makes them a go-to investment for people around the world, whether they have a personal inclination for the feminine icon on the engravings or not. Like Britannia herself, the gold Britannia coin perseveres. Although hopping on the Britannia train may cost you a pretty penny, you are getting a much, much prettier penny in return.

When Is the Best Time to Buy and Sell Gold Britannia Coins?

When looking to make a big purchase or sale of gold Britannia coins, always pay careful attention to the market. Although gold and other precious metals can be counted on to steadily rise over the years, the market can have small fluctuations at times that may make selling your coins later or earlier in the year a better deal than selling them right at the moment. Keeping an eye on trends will net you a greater yield overall. Buying coins when gold is at it’s cheapest and selling them when gold is at it’s most expensive is always the way to go for those who have the patience, resources, and perseverance. As well, the longer you hold onto your coins, the more valuable they will become as collector’s items. Historical value should always be taken into account when looking at gold Britannia coins as an investment.