2 oz Germania Beasts Silver Coin

Norse Mythology in Ultra High Relief

The 2 oz Germania Beasts silver round is the flagship format of Germania Mint's mythological creature series, struck in ultra-high relief (UHR) at .9999 fine silver. The four-nines purity exceeds the .999 standard of most competing silver rounds, matching premium sovereign coins like the Canadian Maple Leaf and Perth Mint products. The 2 oz UHR format, at 45mm diameter, provides the surface area and thickness for the extreme relief depth that defines the series.

Germania Mint, a private mint with German ownership manufacturing from facilities in Poland, launched the Beasts series in 2020 with Fafnir, the dragon from the Volsunga Saga who was transformed from a dwarf prince by greed. Fenrir (the apocalyptic wolf, 2022) and Gullinbursti (the golden-maned boar crafted by dwarves, 2025) have followed, with each creature drawn from Germanic and Norse mythology and carrying a different archetype: destructive greed, chaos, and divine craftsmanship respectively.

The 2 oz UHR edition sits above the standard 1 oz BU rounds and alongside the Geminus format (two matched 1 oz rounds with a continuous design across the pair). For collectors drawn to the sculptural depth of ultra-high relief striking and the mythological weight of Norse legend, the 2 oz format delivers the most dramatic expression of each creature's design.

Germania Beasts 2 oz Ultra High Relief Specifications

Creatures Released

Each creature's design wraps continuously from obverse to reverse. On the Fafnir release, the dragon's head appears on one side with its tail coiled around the Germania Mint double-headed eagle on the other; when the round is flipped, the design resembles an infinity symbol. This continuous design is a hallmark of the Beasts series and the broader Germania Mint aesthetic.

The 1 oz BU versions carry mintages of 25,000. UHR mintage figures for the 2 oz versions are more limited, though exact numbers for all releases have not been publicly confirmed. The series also offers Gold and Black Edition Geminus sets for premium variant collectors.

Germania Beasts 2 oz Tax and Legal Status

The Germania Beasts are private mint rounds, not legal tender of any country. The "Mark" denomination is nominal and carries no monetary or legal backing from any government. This classification has significant tax implications compared to sovereign-issued coins in most jurisdictions.

• United Kingdom: Subject to 20% VAT as non-legal-tender silver rounds. Not CGT-exempt. The lack of legal tender status means these carry the same tax burden as generic silver products, regardless of the artistic quality or limited mintage.
• European Union: Non-legal-tender silver attracts standard VAT rates (19-27% by country). In Germany, the margin scheme (Differenzbesteuerung) may apply to pre-owned purchases from participating dealers, reducing effective VAT. Despite the German branding, Germania Mint manufactures from Polish facilities.
• United States: Sales tax varies by state. Most bullion-exempting states cover rounds meeting purity thresholds (.999+); at .9999, the Germania Beasts qualifies in all such states. Not IRA-eligible in most cases, as IRA rules generally require government-issued coins or bars from accredited refineries. Private mint rounds typically do not qualify regardless of purity.
• Canada: Rounds at .999+ purity may qualify for GST/HST exemption depending on classification as investment bullion. Not RRSP-eligible, as RRSP rules require government-issued coins from approved mints.
• Australia: May not qualify for GST-free status as a non-government-issued product, depending on whether it meets the "commonly traded on commodity markets" criterion in Australian tax law.
• Singapore and Hong Kong: Hong Kong has no sales tax on precious metals regardless of format. Singapore's IPM scheme requires silver at .999+ purity, which the .9999 Beasts meets, but non-standard products may not be on the MAS-approved list.

Germania Beasts 2 oz vs Queen's Beasts, Egyptian Gods, and Competitors

The Germania Beasts 2 oz UHR competes against several mythology-themed silver products, with the Royal Mint's Queen's Beasts being the most obvious comparison despite significant structural differences.

The Royal Mint Queen's Beasts 2 oz (2016-2021, now complete) shares the "beasts" concept and 2 oz format, but the Queen's Beasts are UK legal tender with .9999 purity, CGT exemption, and the backing of a sovereign mint. Germania Beasts cannot match these tax and legal advantages. The Queen's Beasts draws from Tudor heraldic tradition; the Germania Beasts draws from Norse mythology. As a completed series, Queen's Beasts pieces carry secondary market collector premiums that the still-ongoing Germania Beasts has not yet developed.

Against the Egyptian Gods 2 oz UHR rounds, the Germania Beasts shares the ultra-high-relief striking process and private-mint status but offers higher purity (.9999 vs .999). Both series feature mythological subject matter, but from different cultural traditions. The Egyptian Gods rounds have a longer track record (10 releases since 2015) and established declining-mintage scarcity dynamics that the three-release Germania Beasts has not yet matched.

The Geminus format, unique to Germania Mint, has no direct equivalent in the silver market. Two matched rounds whose designs connect when placed side by side is a presentation concept that sits outside traditional bullion or numismatic categories. For collectors who value this paired-design innovation, the Germania Beasts series stands alone.

The .9999 purity is a genuine differentiator against most private-mint rounds, which typically offer .999 (three nines). Matching the purity of sovereign coins from the Royal Canadian Mint and Perth Mint while maintaining private-mint pricing positions the Germania Beasts as a premium private-mint product rather than generic silver.