British Silver Britannia Melt Value
Pure silver content of the British Silver Britannia: 1 oz, 2013–present (.999) 0.9990 oz; 1 oz, 1997–2012 (.958) 0.9995 oz. At $57.35/oz silver, the 1 oz, 2013–present (.999) is worth about $57.29 in melt value. Dealers quote bullion as a premium or discount to melt.
Values above refresh with the October 19, 2026 spot price.
British Silver Britannia specifications
| Version | Years | Fineness | Gross weight | Pure silver | Diameter | Face value |
|---|---|---|---|---|---|---|
| 1 oz, 2013–present (.999) | 2013–present | .999 (99.9%) | 31.1 g | 31.07 g (0.9990 oz t) | 38.61 mm | £2 GBP |
| 1 oz, 1997–2012 (.958) | 1997–2012 | .958 (95.8%) | 32.45 g | 31.09 g (0.9995 oz t) | 40 mm | £2 |
The Royal Mint's silver bullion coin, introduced in 1997 in Britannia silver (.958). Since 2013 the 1 oz coin has been .999 fine. Both versions contain 1 troy oz of pure silver.
How the melt value is calculated
Melt value = gross weight × fineness ÷ 31.1035 × spot price. For the 1 oz, 2013–present (.999): 31.1 g × .999 = 31.07 g of pure silver. Divide by 31.1035 grams per troy ounce to get 0.9990 oz, then multiply by $57.35 spot: about $57.29.
Melt value by quantity
| Quantity | 1 oz, 2013–present (.999) | 1 oz, 1997–2012 (.958) |
|---|---|---|
| 1 coin | $57.29 | $57.32 |
| 5 coins | $286.46 | $286.60 |
| 10 coins | $572.93 | $573.20 |
| 20 coins | $1,146 | $1,146 |
| 25 coins | $1,432 | $1,433 |
| 100 coins | $5,729 | $5,732 |
Melt value vs collector value
The British Silver Britannia is a bullion coin, so its price tracks the silver spot price. Buyers and sellers usually quote it as a premium over (or a discount to) melt value, and that premium depends on the dealer, the year and the coin's condition. Special and proof versions can sell for more. Melt value is the number to anchor on: it's what the metal alone is worth today.
Related coins
More: Silver melt value explained · How to sell silver coins · Where to sell silver · Free melt calculator · All coin melt values
Specs: Nu Stack coin database (curated entries and the Numista catalog). Not in the database (it lists .999 for every year). The 1 oz Britannia was Britannia silver (.958) until 2012 and .999 from 2013 (The Royal Mint). Melt values use the silver spot price from the Nu Stack price feed and are estimates of metal content only, not offers to buy or sell.
Frequently asked questions
How much silver is in a British Silver Britannia?
1 oz, 2013–present (.999): 31.07 g (0.9990 troy oz) of pure silver; 1 oz, 1997–2012 (.958): 31.09 g (0.9995 troy oz) of pure silver.
What is a British Silver Britannia worth in melt value today?
At $57.35/oz silver (October 19, 2026): 1 oz, 2013–present (.999) about $57.29; 1 oz, 1997–2012 (.958) about $57.32. The value moves with the spot price, and this page updates automatically.
Is a British Silver Britannia worth more than its melt value?
Bullion coins usually trade close to melt value plus a dealer premium. Proof, low-mintage or special issues can sell for more. Compare a dealer's quote against the melt value above.