How much is a Britannia worth?
$4,415.86
melt value of 1 troy oz fine gold
Spot $4,415.86 / troy oz | swissquote | 17:37 UTC
Specification
| Gross weight | 31.103 g |
|---|---|
| Fineness | 999.9 (99.99%) |
| Fine gold content | 31.1 g |
| Fine gold, troy oz | 1 |
| Diameter | 32.69 mm |
| Mint | The Royal Mint |
| Country | United Kingdom |
| Face value | GBP 100 |
| First issued | 1987 |
About this coin
Purity changed partway through its life: Britannias struck from 1987 to 2012 are 22 carat, and those from 2013 onward are .9999. A pre-2013 coin therefore has a different gross weight for the same gold content, so check the date before weighing one.
How this size compares
| Fine gold | 31.103 g |
|---|---|
| In troy ounces | 1 ozt |
| In pennyweights | 20 dwt |
| Equal to | 4.25 gold sovereigns |
| Bars per kilo | 32.15 of these make one kilo of gold |
Questions people ask
- How much is a Britannia worth today?
- Its gold content is worth $4,415.86 at the current spot price of $4,415.86 per troy ounce. That is the melt value - it contains 1 troy ounces of fine gold. A dealer will pay under this figure when buying and charge over it when selling.
- How much does a Britannia weigh?
- 31.103 grams gross at 999.9 fineness, which is 31.1 grams of actual gold. The gross weight is what your scale reads; the fine weight is what it is worth.
- Who makes the Britannia and is it legal tender?
- It is struck by the The Royal Mint in United Kingdom, first issued in 1987. It carries a face value of GBP 100, which is symbolic - the gold in it is worth many times that.
- What premium should I expect to pay over melt on a Britannia?
- Dealers quote a premium over the melt value to cover minting, distribution and margin. It is generally lowest on large bars and highest on small fractional coins, and it widens when demand spikes. Compare the total price against the melt figure above rather than comparing dealers on premium alone.
- How current is this valuation?
- It is calculated live from the spot price, currently $4,415.86 per troy ounce from swissquote, read at 17:37 UTC. Nothing on this page is a cached daily figure.