2023 King Charles III Britannia 1 kg Silver Bullion Coin The Royal Mint reverse

Reverse

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2023 King Charles III Britannia 1 kg Silver Bullion Coin The Royal Mint obverse

Obverse

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Out of Stock

2023 King Charles III Britannia 1 kg Silver Bullion Coin - Pre-Owned

Invest in silver with the pre-owned 2023 King Charles III Britannia 1 kg Silver Bullion Coin from The Royal Mint. Struck in 0.999 Fine Silver.

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Invest in silver with the pre-owned 2023 King Charles III Britannia 1 kg Silver Bullion Coin from The Royal Mint. Struck in 0.999 Fine Silver.

  • Metal Weight: 32.1507 troy ounces
  • Fineness: 0.999 Fine Silver
  • Finish: Bullion
  • Tax Status: Capital Gains Tax Exempt
  • VAT Status: Special Scheme
  • Condition: Pre-Owned

History of Britannia

Today, the Britannia is the one of the UK's most popular bullion coin series, manufactured by The Royal Mint since 1987 in gold and since 1997 in silver. For more information on UK Britannia bullion coins, you can read our blog, which details the history of the Britannia since its adoption.

What Is Capital Gains Tax?

Capital Gains Tax (CGT) is a form of levies imposed on the profit garnered from the sale of assets, such as real estate, investments, and collectibles. In the United Kingdom, the present CGT allowance is £3,000 per annum per individual, which implies that one can earn up to £3,000 from the sale of assets prior to being subject to CGT.

For UK residents, bullion coins which are UK legal tender pound sterling coins are exempt from capital gains tax (CGT).

What Is The Special Scheme?

The Special Scheme allows bullion dealers to pay VAT only on their profit margin, rather than charging VAT on the full value of the item.

As VAT is only charged on the dealer’s margin, not the full value, the overall purchase price is lower than for newly minted silver bullion.

The Special Scheme applies to many second-hand silver coins and bars that the dealer has purchased from private individuals.

Please Note : The Special Scheme does not apply to investment gold bullion, as this is already VAT-exempt in the UK.

Shop All Britannias

Interested in browsing our complete range of Britannia coins featuring a range of designs, and a portrait of either Queen Elizabeth II or His Majesty King Charles III.

Key Information

Intrinsic Value£1,373.06
Product ID23423
Stock Status

Out of Stock

Product Spec

MetalSilver
Diameter100 mm
Weight/Size1 Kilogram
Silver Weight Troy Ounces32.1507
Fineness/Carat0.999 Fine
Date2023
Obverse DesignerMartin Jennings
Reverse DesignerPhilip Nathan
Issuing MonarchCharles III (2022 - Present)
Mint/BrandThe Royal Mint
CountryUnited Kingdom
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Chards Coin and Bullion Dealer offer fully insured delivery, on-site storage facilities and free collections from either of our Blackpool and London showrooms.

As a reputable bullion dealer, we focus on quality and excellent customer service over speedy delivery. We aim to despatch orders within 2 working days, however, during moments of volatility within the market, you may experience delays in despatch. You can find more delivery information, including our latest delivery times, on our delivery page.

Despatch may also be delayed if you have selected products with lead times or we require further documents to verify your identity.

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Delivery Option Est. Delivery Time*
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Fully Insured1 working day

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We also offer a dedicated service for high value orders. Quotes are available upon request. Our high-value logistics partners are:

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* Estimated delivery time is the delivery timescale from the despatch date on your order. We are not responsible for delivery delays once it is with the courier.

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60 Years Experience

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  • Precious metal investments are not regulated in the UK.

    Investment values can fluctuate and may decrease as well as increase. Past performance is not indicative of future results.
  • Pricing:

    Prices are based on the current precious metal price and may change.
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    You may need to provide identification to make a purchase. You can find more information on payment and identification requirements.
  • Bullion Coins:

    These may have minor scratches or edge knocks, but this does not affect their value. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
  • VAT:

    Investment gold products are VAT-free, while silver products include VAT.
  • Cancellations & Returns:

    Once you place an order, you cannot cancel it. We do not currently accept returns, however. You may be able to sell your investment products back to Chards at the current buy back rate.

For more details, please see our Terms & Conditions.