Description
This was the first year the gold Britannia was minted, making it a favourite among collectors. As was traditional with the earlier releases, the 1987 1oz gold Britannia is a 22 carat coin, but still contains one troy ounce of pure gold.
Gold Britannias are the most popular one ounce gold coin for larger UK based private investors, as they are exempt from Capital Gains Tax.
Up until 2013 Britannia gold coins were produced in 22ct (0.917) the non-gold component being copper until 1989 and silver from 1990. As of 2013, Britannia gold coins have been produced in a fineness of 0.999.
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