Britannia coins

Sell Britannia gold coins by post: UK legal tender

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Rough estimates where possible; your final offer follows inspection.
No obligation. Free tracked return if you decline. We aim to pay within one working hour of acceptance.

GoldPaid buys gold Britannia coins by post from anywhere in the UK: one-ounce, half, quarter and tenth-ounce issues from 1987 onwards. Every one-ounce Britannia holds one troy ounce of fine gold, whether it is a 22ct coin from before 2013 or a 24ct coin from 2013 on. Britannias are UK legal tender, so they are not chargeable assets for Capital Gains Tax.

Send a photo on WhatsApp for a rough estimate where possible, or arrange to post your items for assessment. We confirm our purchase offer after inspection, and you decide whether to accept. Final offers depend on inspection, item weight, purity, hallmarks, stones, non-gold components, condition and the live precious-metal market.

Free Special Delivery label, usually within 30 minutesPurity tested in-house by X-ray (XRF)

Checked against the sources listed on this page on .

Are gold Britannias really exempt from Capital Gains Tax?Yes. Britannias are UK legal tender, and sterling coins that are legal tender are not chargeable assets for Capital Gains Tax (HMRC Capital Gains Manual CG76881). We are not tax advisers; speak with an accountant about your own position.

Please send us photos on WhatsApp, and we will help you.

Send photos of your items and any hallmarks. We give a rough estimate where possible; your final offer follows inspection. You do not need to arrange postage to ask us a question.

We arrange postage with you after our conversation.

Before you post

The questions people ask before they send anything, answered here rather than at the end of the page.

Can I ask first?
Yes. WhatsApp a photo to 07944 014111, 8am to 9pm, every day, and we reply with an idea of what it is worth. Nothing is posted until you decide.
Is it safe to post?
Your parcel travels by Royal Mail Special Delivery, tracked and signed for. Royal Mail cover may be available up to £2,500 depending on the postal method and cover level used. GoldPaid can confirm the appropriate postal option before you post.
How is it tested?
Your parcel is signed for on arrival and opened at our Bristol office, where each item is weighed and tested with an XRF analyser, an X-ray test that reads the metal without marking it. Your written offer lists each piece with its weight, purity and figure.
What if I say no?
We return everything by Royal Mail Special Delivery at our cost. Saying no costs you nothing.
When am I paid?
Only if you accept the written offer. We aim for the money to reach your bank within 24 hours of posting. We use Royal Mail Special Delivery Guaranteed, test your items promptly on receipt, and aim to pay by Faster Payments within one working hour of your acceptance. The 24-hour target is an aim, not a guarantee: it depends on posting before the local cut-off, the applicable working-day delivery service, prompt acceptance, completed identity checks and bank processing.
How long does an offer last?
Each written offer is dated and holds for a limited time, because metal prices move. If it lapses, we re-run it at that day’s rate.
Who am I dealing with?
GOLDPAID LTD, registered in England and Wales, run by founder Rocco Clayfield. Our office is at Unit 217, Bristol Business Centre, 179 Whiteladies Road, Clifton, Bristol BS8 2AG. We are postal only, so there is no counter to visit. Before we pay, we ask every seller for a photo of their passport or driving licence.

Final offers depend on inspection, item weight, purity, hallmarks, stones, non-gold components, condition and the live precious-metal market.

A small stack of gold coins, the top one showing a portrait of Elizabeth II, on dark cloth

Short answer

Gold Britannias carry a useful advantage for UK sellers: as UK legal tender they are not chargeable assets for Capital Gains Tax. We buy one-ounce, half, quarter and tenth-ounce issues from 1987 onwards, noting that pre-2013 coins are 22ct and 2013-onwards coins are 24ct. Post your Britannias under a free prepaid Royal Mail label, receive a written XRF-confirmed offer, and take bank payment on acceptance.

Two different Britannia specifications

The gold Britannia coin has been issued by the Royal Mint since 1987 and underwent a specification change in 2013 that any seller should know about. Pre-2013 one-ounce Britannias contain one troy ounce of fine gold alloyed to 22ct (916 fineness) with silver and copper, giving a gross weight of 34.04 grams. Post-2013 one-ounce Britannias contain one troy ounce of fine gold at 24ct (999.9 fineness) with no alloying, giving a gross weight of exactly 31.10 grams.

The fine-gold content is identical: one troy ounce of pure gold per coin. The XRF reading on arrival confirms which version a coin is by reading the surface purity directly. Both hold the same one troy ounce of fine gold, whichever alloy the coin was struck to.

The CGT exemption Britannia coins carry

Gold Britannia coins are UK legal tender, with a £100 face value on the one-ounce coin, far below the value of its gold. Sterling coins that are legal tender are not chargeable assets for Capital Gains Tax (HMRC Capital Gains Manual CG76881), and the Royal Mint lists Britannias, sovereigns from 1837 and its Lunar and Queen’s Beasts bullion coins as exempt. Foreign legal tender coins such as Krugerrands and Maple Leafs are chargeable.

For high-value sales, that difference can be material. This is general information rather than tax advice on your circumstances.

Fractional Britannias and the modern series

The Royal Mint introduced fractional Britannias from 1991: half-ounce, quarter-ounce, tenth-ounce and (from 2013) twentieth and fortieth-ounce coins. All carry proportional fine-gold content and all are UK legal tender, like the one-ounce coin.

Britannia proof issues, struck in limited numbers each year, can sell above their gold value when complete with the original Royal Mint presentation case and certificate of authenticity. Send the complete set together; the case and certificate are part of the value on proof issues.

Posting Britannias and parcel cover

A one-ounce Britannia holds a full troy ounce of fine gold, so even a single coin can be worth more than a standard postal parcel is covered for. Royal Mail cover may be available up to £2,500 depending on the postal method and cover level used. GoldPaid can confirm the appropriate postal option before you post. Message us on WhatsApp before posting, and a larger lot can travel in more than one parcel, each with its own prepaid label and tracking number.

Wrap each coin individually in tissue or in its own coin tube. Britannias struck in 24ct gold are softer than 22ct coins and mark slightly more easily, though no surface mark affects the bullion value. Coin-to-coin contact in transit should be avoided where possible.

What happens, from first message to payment

  1. A photo and a question. Send photos of your Britannia coins on WhatsApp. We reply with a rough estimate and answer whatever you want to know.
  2. A prepaid label, on request. Ask for the label when you are ready. We send a free Royal Mail Special Delivery label, tracked and signed for, or a QR code for the Post Office counter.
  3. You post it. Any padded envelope is fine, posted whenever you choose.
  4. We assess and write it up. Weighing and an XRF assay produce a written, itemised offer for you to read at home, usually on the working day your parcel arrives.
  5. Your decision. Accept for payment by Faster Payments, or decline for a free, tracked, signed-for return.

Your parcel is signed for on arrival and opened at our Bristol office, where each item is weighed and XRF-tested before the written offer is prepared.

Cover in transit

The prepaid label is Royal Mail Special Delivery Guaranteed: full tracking and a signature on delivery. Royal Mail cover may be available up to £2,500 depending on the postal method and cover level used. GoldPaid can confirm the appropriate postal option before you post. For higher-value items, please message us first so the parcel can be split across more than one prepaid label before it travels. Postage and cover explains it fully. If a parcel is lost on its way to us, the compensation claim goes to Royal Mail from you, the sender, using your Post Office receipt, and we give you our tracking records and help you make it. Lost parcels, step by step.

Declining, made simple

A quick message is all it takes to decline, and you do not need to give a reason. Your items are then returned free of charge on a tracked, signed-for service, with no fee and no pressure to reconsider. What happens if I decline the offer covers it fully.

The written offer is dated and holds for a limited time, because metal prices move. If it lapses before you decide, we re-run it against the live precious-metal market on the day, at no charge. You can also accept part of a parcel and decline the rest, with no minimum and no penalty for splitting it.

Payment, once you accept

When you say yes to the written offer, GoldPaid aims to pay by Faster Payments bank transfer within one working hour of your acceptance, to your nominated account. You give those details only at the point you accept, never as a condition of getting an offer.

Why sell by post with GoldPaid

Three differences from a counter sale. You see a measured valuation in writing, not a verbal estimate. You decide at home, with nobody waiting. And if you decline, the return is free, tracked and signed for, so obtaining the valuation costs you nothing.

What decides your offer

Every parcel is opened at our Bristol office and each piece is handled on its own. Nothing is averaged across the parcel.

  1. Weight. Each item is weighed on scales. Stones, steel springs, non-gold clasps and cores are not paid as gold. The written breakdown explains the payable metal weight for each item, rather than treating everything on the scales as precious metal.
  2. Purity. Each item is tested with an XRF analyser, which reads the metals at the points tested without marking the item. A surface reading alone cannot establish the composition of a plated or filled piece. Hallmarks, construction and different components all need to be considered alongside the test.
  3. The market on the day. Gold and silver are priced against the live precious-metal market at the time your parcel is assessed, not at the time you posted.
  4. Condition and intact value. Broken is fine and does not reduce a metal offer. Where a piece is worth more intact (a named maker, a collectable coin, a locket with provenance) we tell you before testing, so you can choose.
  5. Anything that is not gold or silver. Plated, rolled-gold and base-metal items are listed on the offer at nothing and returned to you free. We never quietly keep them.

Why we do not publish a per-gram price list. A single printed rate hides the things that change the figure: hollow versus solid, stones, mixed carats in one bag, a mark that does not match the metal. We would rather show you the weight, the tested purity and the figure for each item, in writing, and let you decide. Final offers depend on inspection, item weight, purity, hallmarks, stones, non-gold components, condition and the live precious-metal market.

What you see before you decide. A written, itemised offer by WhatsApp or email: every item, its weight, its tested purity, and its figure. Accept and we aim to pay by bank transfer within one working hour. Decline and the whole parcel comes back by Royal Mail Special Delivery at our cost. No fee, no deduction, no questions.

See a worked example on the how-we-value-gold page →

Common questions

Are pre-2013 22ct Britannias worth less than 24ct ones?

No. Both contain exactly one troy ounce of fine gold. The alloy difference (22ct against 24ct) affects durability slightly but not the gold content. The dated market value of that ounce is on the gold Britannia value guide.

Do you buy proof Britannias?

Yes. Proof coins complete with their original Royal Mint case and certificate of authenticity can sell above their gold value. Send the case and certificate with the coin.

What is a 2013-onwards Britannia made of exactly?

999.9 fine gold, pure gold to four nines. The 2013 specification removed the 22ct alloy and matched the industry standard for modern bullion coins.

Can I sell Britannias I bought from the Royal Mint directly?

Yes. The purchase route makes no difference to the resale value; the coin contains the same fine gold whether bought from the Royal Mint, a dealer or an auction.

What if my Britannia is in a damaged case or missing the certificate?

Bullion-strike coins do not depend on a case. A proof without its case and certificate loses much of its collector appeal. Send a photo of what you have and we will tell you how we would value it before you post anything.

Not the question you had? The full GoldPaid FAQ covers the rest, from postal cover and ID checks to what happens if you decline the offer.

Speak to us before you post

Please send us photos on WhatsApp, and we will help you. We give a rough estimate where possible and arrange postage with you after our conversation. Your final offer follows inspection.

Ask first, post only when you are ready

Send a photo first. Decide later.

Message us with a clear photo of your items on WhatsApp, or call. There is no obligation at any stage and the only commitment is your decision to accept a written offer once you have seen it.

We give rough estimates where possible; your final offer follows inspection. We arrange postage with you after our conversation.

No obligation. Free tracked return if you decline. We aim to pay within one working hour of acceptance.