The 2007 issue is another design to be used for one year only. It features a seated figure of Britannia, with a large shield bearing the Union Flag (Union Jack), with a lion at her feet, and what looks like the white cliffs of Dover and a sailing yacht in the background.
Introduced in 1997 following the success of the gold Britannia, the Royal Mint started to produce a one-ounce Silver Britannia coin with a face value of two pounds (£2). Silver Britannias are, quite appropriately, struck in Britannia silver, which is 958 parts per thousand silver, instead of the more usual sterling silver of 925 parts per thousand. Many other world silver coins, particularly those of European / American influence are struck in only 900 silver. The concept of the one-ounce bullion coin was to provide an easy way to purchase convenient small quantities of bullion silver in the form of coins. Additionally, the new one-ounce coins, are an attractive design, made to appeal to collectors. The denomination, or face value, is two pounds.
Fineness 958 Fine Silver
Actual Silver Weight 1 Troy oz
Obverse Designer Ian Rank-Broadley
Reverse Designer John Bergdahl
Mint Royal Mint