Britannia (Pre-2013)

Silver coins are recognisable, divisible, and easier to trade in small amounts than larger bars. They are popular with buyers who want flexibility as well as metal exposure.

Britannias are UK legal tender and are commonly preferred by UK buyers for CGT treatment. Maples are globally recognised and highly pure, so the better choice often comes down to premium and availability.

Silver coins are generally VATable in the UK unless sold under an eligible margin scheme. Always compare the effective final price, not only the headline metal value.

Silver Britannias are UK legal tender and are commonly treated as CGT-exempt for UK residents. VAT treatment is a separate question from CGT.