INDEXMelt value
$98
2 troy oz at $49.18 per oz silver spot
Typical asking premium over melt
$7.17 over melt
Median ask of 2 sellers; asking prices, not sales
The Britannia Silver 2 oz contains 2 troy ounces of fine silver. At $49.18 per ounce (spot as of October 31, 2026), its melt value is $98. Over the 90 days to October 20, 2026, 2 distinct sellers asked a median of $7.17 over melt for it. These are asking prices, not completed sales.
As of the last site build; refreshes when the page loads. See how these figures are made or the raw data (JSON).
Recent asks (2 of 2)
These are asking prices, not completed sales. Each premium is measured against the spot price on the day it was posted. Asks differ from one another by $3.89 (median absolute deviation): a spread, not a range to price within.
| Posted | Ask per item | Over melt | Spot that day | Subreddit | Item | Source |
|---|---|---|---|---|---|---|
| October 19, 2026 | $125.00 | $11.06 over melt | $56.97 | r/Pmsforsale | Legacies of Freedom package (1x ASE + 1x Britannia, sealed) | post |
| September 22, 2026 | $136.00 | $3.28 over melt | $66.36 | r/Pmsforsale | 2023 2 oz Britannia (2 listed) | post |
Item names are an automated extraction from each post, not the seller's own words.
Specifications
- Legal tender in
- United Kingdom
- Face value
- 5 pounds (UK)
- Fineness
- .999
- Fine silver content
- 2 troy oz
- First issued
- 2022
- Coindex id
BSBO-2oz
Struck at .958 from 1997 to 2012. Proof only. There is no 2 oz Britannia silver bullion coin.
History
The Royal Mint has no founding charter or record of a definite start. Its history is usually traced to the reign of Alfred the Great (871 to 899), whose Monogram Penny is one of the first coins to state that it was minted in London. For centuries it was based in London; in 1967 a new mint at Llantrisant in South Wales was announced to meet demand for decimal coins, and the last coin struck in London, a gold sovereign, came in November 1975.
Since 31 December 2009 its trading business has been run by The Royal Mint Limited, a company wholly owned by HM Treasury. The first gold Britannia bullion coin appeared in 1987, issued to counter the growing popularity of South Africa's Krugerrand, and the first one-ounce silver Britannia followed in 1997.
Further reading
- Royal Mint Museum: Alfred the Great pennyroyalmintmuseum.org.uk
- The Royal Mint: 50 years in Llantrisantroyalmint.com
- HM Treasury: The Royal Mint Trading Fund Framework Documentassets.publishing.service.gov.uk
- Royal Mint Museum: Britanniaroyalmintmuseum.org.uk
- The Royal Mint: Britannia at 40, four decades of changeroyalmint.com
Compiled by Coindex from the sources above. It is not a statement by the mint.
Sources: specifications from the Coindex catalog, spot from Coindex's precious-metals feed, and asking prices from r/Pmsforsale and r/CoinSales posts matched to this exact product. Coindex does not sell bullion and is not a dealer.