Gerrards has the pleasure to offer this silver Britannia at a low premium above the silver price. The Silver Britannia is the largest and purest silver coin in the UK. It has legal tender status in the UK and therefore is exempt from 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 designs 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, buying 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 preference. It will depend on your investment goals and motives. In general, silver coins carry a higher premium as opposed to bars. However, most silver bullion coins are now more affordable. This is because of the large quantities of these coins produced each year. 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-added benefits. To illustrate, silver Britannia is ideal for British investors because they are exempt from Capital Gain Tax (CGT). This is due to the legal tender status of the coin in the UK. Similarly, Silver Eagle can be used in IRA plans for US citizens.