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About the 2 oz Artefacts Silver Round
Norse Mythology in Ultra High Relief
The 2 oz Germania Mint Artefacts Silver Round is the premium format in Germania Mint's mythology-themed series, struck in .9999 fine silver with an ultra high relief (UHR) finish. Each release depicts a legendary object from Norse and Germanic mythology, rendered with sculptural depth that standard bullion strikes cannot achieve. The series launched in 2024 with Gjallarhorn and continued in 2025 with Mjolnir.
The UHR 2 oz format is the collector-oriented counterpart to the 1 oz Artefacts BU round. The larger 45mm diameter provides more canvas for the intricate ornamental patterning that characterises Germania Mint's house style, and the ultra high relief striking process creates pronounced three-dimensional detail that rewards close examination. The 10 Mark nominal denomination (a fantasy unit with no legal tender value) identifies this as the heavier format.
Germania Mint, headquartered in Poland with Germanic-heritage branding, has established itself since 2018 as a premium private mint specialising in high-purity silver with detailed engraving and individual edge serialisation. The .9999 purity (four nines fine) exceeds the .999 standard of most sovereign bullion programmes and matches the Canadian Maple Leaf and Australian Kangaroo. For buyers who want a collectible-grade silver piece that doubles as investment bullion, the Artefacts UHR rounds offer mythology-themed artistry at four-nines purity.
2 oz Artefacts UHR Round Specifications
| Attribute | Value |
|---|---|
| Weight | 2 troy oz (62.206 g) |
| Purity | .9999 fine silver |
| Diameter | 45.00 mm |
| Denomination | 10 Mark (nominal, non-legal-tender) |
| Finish | Ultra High Relief (UHR) |
| Edge | Individually serialised |
| Manufacturer | Germania Mint (Poland) |
| Series | Artefacts |
| Legal tender | No |
Releases
| Year | Subject | 1 oz BU Mintage | 2 oz UHR Mintage |
|---|---|---|---|
| 2024 | Gjallarhorn | 25,000 | Limited (undisclosed) |
| 2025 | Mjolnir | 5,000 | Limited (undisclosed) |
Each round is individually edge-serialised with a unique number, a signature Germania Mint security feature. A Certificate of Authenticity is included, and the round ships in tamper-evident blister card packaging. The UHR striking process uses extreme pressure to achieve sculptural three-dimensional relief that would be impossible with standard bullion striking techniques.
The dramatic mintage drop from 25,000 for the debut Gjallarhorn to just 5,000 for Mjolnir suggests the mint is building scarcity-driven collector interest. The 2 oz UHR mintages remain undisclosed but are understood to be substantially lower than the BU versions, positioning these as the limited-edition tier within an already limited series. The Gjallarhorn 2024 design depicts Heimdall's horn with Germanic knotwork detailing, and the Mjolnir 2025 features Thor's hammer rendered on both sides of the round.
Tax Treatment of Artefacts Rounds
The Artefacts series carries no legal tender status in any jurisdiction. The 10 Mark denomination is a fantasy unit referencing historical German currency. Tax treatment is determined solely by the metal content and purity.
United States
No federal sales tax. State-level bullion exemptions apply in most states for .999+ silver. The .9999 purity exceeds the .999 threshold for IRA eligibility, though actual IRA acceptance depends on the custodian's approved product list. Private-mint rounds are not automatically IRA-eligible like sovereign coins. Capital gains taxed at the 28% collectibles rate.
United Kingdom
Silver rounds attract 20% VAT regardless of purity or mint origin. Only sovereign-issued coins can qualify for reduced VAT treatment through specific schemes. Not CGT-exempt (no UK legal tender status). The premium paid for UHR finish and limited mintage is not recoverable through any tax mechanism.
Canada
At .9999 purity, these rounds meet Canada's 99.9% threshold for GST/HST exemption on investment precious metals.
Australia and New Zealand
The .9999 purity exceeds the 99.9% threshold for GST exemption in both Australia and New Zealand, subject to the source meeting accreditation requirements.
Singapore and Hong Kong
Singapore's IPM scheme covers .999+ silver from qualifying sources. Hong Kong has no sales tax on precious metals.