British Britannia coins are a type of coin minted by the Royal Mint in the United Kingdom. The first coins were issued in 1997, and they have been minted annually since then. The obverse (front) of the coin features a portrait of Queen Elizabeth II, while the reverse (back) features an image of Britannia, a female personification of Britain.
The coins are issued in several different denominations, including one pound, two pounds, five pounds, and ten pounds. The one-pound coin is made up of two ounces of silver, while the other denominations are each made up of one ounce of silver. The weight and size of each coin vary depending on the denomination.
The Royal Mint has minted several special editions of the Britannia coin, including a silver proof coin, a gold proof coin, and a platinum proof coin. The silver and gold-proof coins are each made up of four ounces of silver or gold. The platinum-proof coin is made up of six ounces of platinum.
The Britannia coin is also available in a bullion version, which is not legal tender. The bullion coins are minted in weights of one ounce, two ounces, five ounces, and ten ounces.
The coins cannot be added to a precious metals IRA according to IRS requirements.