Since 1977, the 1 troy ounce silver Britannia coin has been issued by the Royal Mint of the United Kingdom. The silver Britannia coin is minted in a troy ounce of pure silver (31.1 grams) with a face value of £2 and with a purity of 99.9 silver. Britannia coins are issued in various volumes such as a half, a quarter, and a tenth troy ounce with a face value of 1 pound, 50 pennies, and 20 pennies respectively.
On the obverse of the coin, a variation of the image of Lady Britannia is minted each new year. Around this image is the text ''Britannia One Ounce Fine Silver 'year'. Lady Britannia is the symbol of the United Kingdom. On the reverse of the coin is an image of Queen Elizabeth II with the text ''Elizabeth II DG REG FID DEF 2 Pounds''. The edge lettering of the coin is ribbed without text and not provided with text. The coin does not come with a specific year.
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