If you're considering investing in silver coins but aren't sure where to start, this guide will help you choose the best options available. Silver bullion coins have been a favoured choice among investors in the UK, particularly during times of economic uncertainty. Here are the top five silver bullion coins that are popular with UK investors:
1. UK Britannia Silver Coin
- Manufacturer: The Royal Mint
- Weight: 1 Troy Ounce (31.10 grams)
- Fineness: 999.0 Fine Silver (pre-2013 coins were minted in 958.0 Britannia Silver)
- Tax Status: Capital Gains Tax exempt
Since its introduction in 1997, the Britannia silver coin has been a top pick for investors worldwide. This coin is especially attractive to UK investors due to its exemption from Capital Gains Tax, allowing for tax-free buying and selling. The Britannia coin also features advanced security measures introduced in 2021, enhancing its resistance to counterfeiting.
2. UK Queen’s Beasts and Tudor Beasts Series
- Manufacturer: The Royal Mint
- Weight: 2 Troy Ounces (62 grams), 10 Troy Ounces (311 grams)
- Fineness: 999.9 Fine Silver
- Tax Status: Capital Gains Tax exempt
The Royal Mint’s Queen’s Beasts series, launched in 2016, and the Tudor Beasts series, introduced in 2022, are highly sought-after by both investors and collectors. These coins are also exempt from Capital Gains Tax, providing similar tax advantages as the Britannia series. Inspired by British royal heraldry, these coins come in various weights and are known for their intricate designs and historical significance.
3. Canadian Maple Leaf Silver Coin
- Manufacturer: Royal Canadian Mint
- Weight: 1 Troy Ounce (31.10 grams)
- Fineness: 999.9 Fine Silver
The Canadian Maple Leaf silver coin, first issued in 1988, is renowned for its iconic maple leaf design and high purity. Produced by the Royal Canadian Mint, this coin is a staple among silver investors. Recent editions feature enhanced security features, such as radial lines and micro-engraved dates, which help prevent counterfeiting.
4. American Eagle Silver Coin
- Manufacturer: United States Mint
- Weight: 1 Troy Ounce (31.10 grams)
- Fineness: 999.0 Fine Silver
Introduced in 1986 by the United States Mint, the American Eagle silver coin remains a popular choice among investors. The coin’s design showcases Lady Liberty on the obverse and a heraldic eagle on the reverse. The U.S. government guarantees the silver content, making it a reliable investment.
5. Australian Lunar Series
- Manufacturer: Perth Mint
- Gold Content: 1 Troy Ounce (31.10 grams), 2 Troy Ounces (62 grams), 1kg
- Fineness: 999.9 Fine Silver
The Perth Mint’s Lunar Series, which began in 1999, is based on the Chinese Lunar Calendar. Each coin in the series features a different animal from the zodiac, believed to influence those born under its sign. The Lunar Series is celebrated for its artistic designs and limited mintage, making it a favorite among collectors and investors alike. The series entered its third cycle in 2020, with new releases planned through 2031.
Conclusion
Choosing the right silver bullion coin depends on your investment goals and preferences. The coins listed above are highly regarded for their purity, design, and potential for appreciation. Whether you’re looking for tax benefits, iconic designs, or limited-edition releases, these silver coins offer a range of options to suit your needs. For more personalized investment advice, contact Gold Bullion Partners at 0207 031 8077. Our experts are here to guide you in building a secure and valuable silver portfolio.
