For more than 1,000 years The Royal Mint has innovated to create coins that are both beautiful and secure.

Britannia, the female warrior, has been an emblem and national representation of the United Kingdom since 100 B.C and the modern face of bullion since 1987.

The reverse features the legendary figure of Britannia by Philip Nathan. Boldly standing in the eye of the storm, she displays an unyielding resolve. She bears a trident in her right hand, while the left hand holds an olive branch representing peace. The design is surrounded by the words ‘BRITANNIA 2023’, ‘1 OZ’, and ‘999 FINE SILVER’.

Below Britannia’s flowing gown, is a trident to represent her naval history. As the viewer changes their perspective this trident becomes a padlock, emphasising the coin’s secure nature. The inscription ‘DECUS ET TUTAMEN’ (‘An ornament and a safeguard’) borders the design. Surface animation behind Britannia reflects the movement of the sea, and fine details such as the Union flag on Britannia’s shield - symbol of Britain’s strength - have been carefully highlighted with tincture lines.

The obverse features the effigy of Her Majesty The Queen by Jody Clark, along with the face value of ‘2 POUNDS’ (legal tender in the UK), ‘ELIZABETH II’, and ‘D.G. REG. F.D.’ (‘Dei Gratia Regina Fidei Defensor’ — Latin for 'By the grace of God, Queen, Defender of the Faith'). The Queen is wearing the King George IV State Diadem, as well as special Diamond Jubilee drop pearl earrings.

Each Britannia 2023 bullion coin featuring the fifth and final effigy of Queen Elizabeth II has a limited production run. A Britannia coin featuring King Charles III’s first effigy will be released in the new year.

The 2023 Britannia 1 oz Silver Bullion Coin contains one troy ounce of 999 fine silver - the purest of silver offered by The Royal Mint.

Instantly recognisable all over the world, Britannia resonates with international investors, a trusted symbol of the quality of British minting.