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The Royal Mint is proud to release the 2018 Britannia 1 oz Gold bullion coin. Britannia represents an enduring Bullion investment. The weight and strength of the coins are verified at the centuries-old annual Trial of the Pyx. Britannia coins are CGT exempt in the United Kingdom and VAT free in the UK and European Community as a UK currency. Sculptor Philip Nathan, the designer of the first Britannia bullion in 1987, envisaged her as a classic and evolving icon. In this classic design she stands firm against a powerful gale which whips around her shield, Corinthian helmet and olive branch.