The 2016 Britannia 1 oz Silver Bullion 25 Coin tube comprises of 25, 1 oz coins each containing one troy ounce of 999 fine silver - the purest of silver offered by The Royal Mint. Britannia coins are renowned for their beauty and reliability, with their weight and quality verified at the centuries-old annual Trial of the Pyx and this 25 coin tube is no exception. In a new development for 2016, this coin now features the fifth definitive coinage portrait of Her Majesty The Queen. As UK legal tender, these Britannia Silver Bullion coins are Capital Gains Tax exempt, but are subject to VAT at 20%.