The 2023 Britannia platinum coins carry the portrait of King Charles III
With the Coronation of His Majesty King Charles III taking place on Saturday, May 6, The Royal Mint has just released its 2023 Britannia platinum bullion coin range, carrying the first coinage portrait of His Majesty.
The range includes two platinum bullion coins, a 1 oz coin and a 1/10 oz coin. Both are struck in 999.5 fine platinum to The Royal Mint’s bullion standard, with face values of £100 and £10, respectively.
Commenting on the launch, Andrew Dickey, Divisional Director of Precious Metals at The Royal Mint, said:
“We are really excited to be adding these 2023 Britannia platinum bullion coins to our investment range. The inclusion of the first coinage portrait of His Majesty King Charles III on the obverse of each Britannia platinum bullion coin for the first time also adds a further point of interest, marking an iconic moment in modern British history.”
First appearing on the coins of the Roman Emperor Hadrian, Britannia has been a continuous presence on British coins since 1672, during the reign of Charles II. The 2023 incarnation of Britannia was created by sculptor Philip Nathan in 1987. This interpretation comprises carefully chosen symbols – a shield for protection, an olive branch for peace and a trident for Britannia’s connection to the sea.
Secure design
Today’s platinum bullion Britannias carry special design features that redefine security in the bullion market. They lead the way as the most visually secure platinum bullion coins in the world.
Gordon Summers, Chief Engraver at The Royal Mint, explains: “Britannia is one of our most iconic and enduring designs, so it was vital we retained the beauty of the coin whilst adding sophisticated new anti-counterfeit measures. By focusing on the natural reflection of the metal and using advanced new technology, we have created a unique and highly safe coin which gives customers complete confidence.”
Security enhancements include surface animation on the background to create a wave motion behind Britannia when the coins are moved, as well as a latent image that switches between a trident and a padlock when the coins are rotated.
Britannia platinum bullion coins are UK Capital Gains Tax-free for UK residents, due to being legal tender.
