Tenth oz Silver Britannia

[Arganto]

https://www.ebay.co.uk/itm/324150990462

I didn't know these existed! I can't get over the mental block of it working out at £150 per oz unfortunately, because it would be lovely to have a few of these. I doubt they ever crop up for a 50% premium though! 🤣

[TeaTime]

As far as i am aware all but a very few fractional Britannias have come from the proof sets - the 1997 one tenth being one of those exceptions - so the price is reflecting the numismatic value rather than any intrinsic worth. There are often bargains to be had though from people who only want the one ounce proof and sell off the rest of the set (half ounce / quarter ounce / tenth ounce etc) cheaply. The mint have issued a couple of sets of half ounce (£1 face value) historically. I bought the 10th, 20th and 40th ounce set of Britannias for the first year of issue (2014). The 20th ounce coins were first issued in 2013.

[davehard24]

That is a pretty steep price for that amount of silver. More info here:

https://en.numista.com/catalogue/pieces29158.html

[Metalisreal]

That would be pretty cool if the Mint made these in a business strike version available in tubes for a small premium.

[Arganto]

Only 20,518 made so no wonder they're priced like that. £15 for a tenth oz of pure silver in a numismatic coin that may appreciate actually doesn't sound that bad. Interesting Numista list it as 3.24g, I thought a tenth was 3.11...

 

[Derv]

Aren't the earlier Britannias .958 or something?

[JunkBond]

7 minutes ago, Derv said:

Aren't the earlier Britannias .958 or something?

Yes, 958 is called Britannia silver.

https://www.bullionbypost.co.uk/silver-coins/britannia-silver-coins-958/

[Coolsmp]

Its probaby from a proof set thats been broken up

[Arganto]

Looks like. There is a bit of toning on them. I wonder if it's worth a punt or not? Overpriced against standard bullion but funky little almost-numismatics?

[TeaTime]

It's a first year of issue and the one ounce 1997 coin carries a hefty premium - I've seen the one ounces for sale at well over £100.  As these get older they can only get rarer - yes, people do actually handle them, i've seen many scuffed / scratched examples..... Bloody hell, i'm talking myself into buying one !

[Arganto]

There are 4...😁