The Coronation Britannia 2023 bullion coin is ideal for collectors and investors seeking a coin with exquisite detail and robust security. King Charles III is depicted on a coin struck from 999.9-fine gold. The Britannia 2023 bullion coin is the most visually secure bullion coin in the world due to its four advanced security features, including a latent image that transforms from a padlock to Britannia’s trident and surface animation that creates movement of waves in the background.
Why buy a 2023 gold Britannia?
Gold Britannias are the most popular 1 oz gold bullion coins in the UK.
They offer a great benefit to British investors. They are exempt from Capital Gain Tax in the UK. The weight, purity and gold content of the 2023 gold Britannia is backed by the Royal Mint.
Depending on their year of issue, the purity of their gold content varies. Gold Britannia coins produced before 2012 are made of 22-carat gold, while coins from the following years were (and are still) produced in 24-carat gold. Although pure gold coins (24 carats) are more fragile, both Britannias are as good for trades as they are for storage.
Finally, buying gold Britannia coins offer several advantages compared to gold bars, and is a great choice for any precious metal investor.
They enable you to split your precious metal portfolio into smaller units of 1 ounce of gold.
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) enables you to track their price easily. Since the gold price is also quoted in ounces, you just need to look at the live gold price available on our website to know the exact value of your gold Britannia.
Why buy 1 oz gold coins?
Similar to other gold coins, 1 oz gold Britannia coins are exempt from VAT in the United Kingdom and all other EU member states.
They are an excellent method for dividing your precious metal holdings into smaller portions. In actuality, a large gold bar is not always the optimal choice. Even if you purchase gold bars at a lower price per gramme, a large gold bar will limit the liquidity of your investment.
Purchasing 1-ounce gold bullion coins increases the divisibility and liquidity of your investment. Instead of selling an entire gold bar when you need cash, you can sell a few gold coins. Consequently, it is worthwhile to pay a slightly higher premium.