Gerrards has the pleasure to offer this silver britannia at low premium above the silver price. The Silver Britannia is the largest and purest silver coin in UK. It has legal tender status in UK, and therefore is exempt of Capital Gain Tax (CGT Free). Buy Silver Britannia Coin is a cost-effective way to acquire silver bullion for investment purposes.
Why buy silver bullion coins?
Investors will enjoy buying silver coins instead of bars for the sake of creating a collection. In fact, some silver coins series have their design that change each year. This is the case for the Australian kangaroo or the Chinese Panda. You can find amusement by hunting each minting year, and therefore collect all the designs of a specific coin series. In summary, buy 1oz silver coins add enjoyment and collectability to silver bullion investment.
In most cases, choosing between silver coins or bars will be a matter of preferences. It will depend on your investment goals and motives. In general, silver coins carry a higher premium as opposed to bars. However, most of the silver bullion coins are now more affordable. This is because of the large quantities of these coins produced each years. As a result, silver coins are easier to trade than bars, because of their high market liquidity. These aspects make silver bullion coins a good investment choice.
Finally, some silver coins have additional tax additional benefits. To illustrate, silver Britannia are ideal for british investors because they are exempt of Capital Gain Tax (CGT). This is due to the legal tender status of the coin in UK. Similarly, Silver Eagle can be used in IRA plans for US citizens.