They offer a great benefit to british investors. Because of their legal tender status in UK, They are exempt of Capital Gain Tax in UK because . Moreover, they are VAT free both in Great Britain and in any country part of the European Union.
Finally, buying gold bullion coins offer several advantages compared to gold bars, and are a great choice for any precious metal investors.
They enable to split your precious metal portfolio in smaller units of 1 ounce of gold. I
They are highly liquid and have a low premium over the gold spot price.
Their fine gold content of 1 troy ounce (31.1035 grams) enable to track their price easily. Since the gold price is also quoted in ounce, you just need to look at the live gold price available in our website to know their exact value.
Why buy 1 oz gold coins ?
One ounce gold coins are popular in the gold bullion market. They are a great way to split your precious metal holdings in smaller fractions. In fact, a large gold bar is not always the best option. Even if you will pay less per gram with gold bars, a large gold bar will restrict the fungibility of your investment. Buying 1 ounce gold bullion coins make your investment more divisible and liquid. In fact, you can trade few gold coins when you need cash, instead of selling a whole bar at once. On the other hand, a large gold bar will be more difficult to convert into cash. Therefore, it is worth paying a slightly higher premium above the gold spot spot price.