That perennial favourite of the bullion coin world, the Royal Mint’s Britannia, now has a baby brother in its cheapest form. The silver coin, recently upgraded with a new picosecond laser finish, rarely dips below an ounce in weight. Given the low price of silver and the diminishing returns of smaller fractionals, it’s hardly surprising, but as silver has risen over the last year or so, interest has obviously been rekindled.
The basic design remains the same, but that aforementioned laser engraved wave background field has given way to the standard wave finish, and Britannia’s shield also lacks the enhanced finish. There’s no security privy mark either, but again, we’re not surprised given this amount of silver is hardly the first choice of a counterfeit operation.
No doubt this fills a hole in the market, but we remain unconvinced about bullion fractional silver as a volume thing. One for the collector perhaps, but a serious stacker will be better served by the one-ounce variant. LPM seem to be the first to have it up, but we assume others will stock it also. Tubes and Monster boxes are available, containing a rather odd 19 and 380 pieces respectively. Available shortly.
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