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There are also fractional Britannia coins, weighing a half, quarter, and one-tenth of an ounce, with face values of 50, 25, and 10 pounds respectively.
The 1oz Gold Britannia Coins were first introduced in 1987 as a way for investors to buy one ounce of 22 carat gold at a very low premium over the gold spot price. Compared to the gold content of a Sovereign Coin which is 0.
See also: Britannia, Annia, Gold, Silver, Bullion
 
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