A British Gold Britannia contains 1.0000 troy oz of pure gold, worth $3,996.90 at today's spot price.
The Royal Mint's gold bullion coin was 22-karat until 2012 and has been 24-karat since 2013. Both contain one troy ounce of gold.
Melt values use these spot prices (US dollars):
- Gold $3,996.90 per troy oz Current quote · Quote time Oct 23, 10:29 PM EDT
Some prices could not be refreshed recently and may be out of date.
Melt value is the metal content at spot price, not a buy or sell price. Collectible coins can be worth much more. For reference only.
Specifications
| Years | 2013–present |
|---|---|
| Face value | 100 GBP |
| Composition | 99.99% gold |
| Gross weight | 31.104 g |
| Fineness | .9999 (99.99%) |
| Pure metal | 1.0000 troy oz (31.103 g) |
| Diameter | 32.69 mm |
How the melt value is worked out
Melt value is the pure gold in the coin multiplied by the spot price. We use the coin's standard minted weight; worn coins weigh slightly less.
-
31.104 g × .9999 fine ÷ 31.1035 g per troy oz = 0.9999 troy oz (the issuer states 1.0000 troy oz, which we use)
1.0000 troy oz × $3,996.90 spot = $3,996.90
How to identify it
- Britannia with trident and shield on the reverse.
- This page covers the .9999 fine coins made since 2013. Older 22-karat Gold Britannias also contain one troy ounce of gold but weigh more.
Melt value vs. collector value
Bullion coins usually sell for a premium over melt value. Proof, low-mintage and graded coins can be worth considerably more than their metal.
Related tools
Sources
- The Royal Mint: Britannia 2018 one ounce gold bullion coin — checked 2026-10-22
- Wikipedia: Britannia (coin) — checked 2026-10-22