In 1999 the Royal Mint released a Limited Issue Britannia £2 Two Pound Silver Coin First Day Cover struck in solid .958 Silver weighing one ounce of pure Silver with a £10 Stamp.
The design which was used to commemorate the tercentenary of the introduction of the Britannia Silver Hallmarking Standard. The Britannia Silver Standard was first introduced 300 years ago to protect coins of the Realm, produced in sterling (.925) silver, from being melted down into plate. To discourage the practice, a Statute was passed raising the standard for wrought plate to .958 silver.
Appropriately, the hallmark, attesting to the fine silver content, is the recognisable seated figure of Britannia. Marking the appearance of the new issues, an impressive celebratory reverse design has been created. Sculptor Philip Nathan, whose design for the gold Britannia's introduced in 1987 has been greatly admired, was asked to develop one of his original drawings further.
This drawing he successfully, transformed into a beautiful plaster model approved by the Royal Mint Advisory Committee and it now graces the reverse of these special coins. The majestic figure of Britannia stands proud and bold in her chariot, being drawn along the seashore by two mighty horses. The obverse of the 1999 Britannia coins feature the elegant portrait of Her Majesty Queen Elizabeth II by Ian Rank Broadley.
Limited Mintage Worldwide
Finished to Royal Mint's Bullion Uncirculated Quality
Struck in Solid .958 Silver Weighing One Ounce of Pure Silver
