Buy Gold Britannias _TOP_
The gold Britannia is perhaps the most famous UK gold coin. The coin is well-known all over the world for its popularity and liquidity. Gold experts believe that it is a flagship coin that every investor needs to start with when building a portfolio. The coin has only been around since 1987, and therefore, does not command high premiums based on age and rarity. It is available with every gold dealer as a bullion coin.
buy gold britannias
The spot price plays a critical role in determining the value of a gold Britannia. Of course, supply and demand for particular coins can vary in the market. Although the coin has only been around for four decades, specific years of issue can be hard to find. These coins may carry premiums up to 5% due to their scarcity. In general, the 1-ounce gold Britannia has been known to command, approximately 98% of the current spot price of gold.
Apart from the spot price, there are a few other factors that may impact the value of a gold Britannia. To start with, it is a bigger coin and provides investors with more gold content. This makes it very attractive as an investable coin. Larger gold coins provide investors with the opportunity to acquire more gold at a lesser price per gram, due to lower production costs. The gold Britannia falls under this category and is considered to be a lucrative coin to invest in. As discussed earlier, scarcity of specific issues and special commemorative issues can escalate the price of those specific coins.
The gold Britannia is a highly tax-efficient coin, making it attractive to investors. Since the coin is minted with investment-grade gold, it can be bought VAT free. Similarly to the Gold Sovereign, the Britannia is legal tender in the UK and therefore qualifies for CGT exemption. This is an added fillip for investors, as any profits accrued from the sale of the coin up to 12,000 per tax year can be had without paying any Capital Gains Tax.
Since 2013, the gold Britannia is being minted using 24-carat gold with a fineness of 0.999. This is a very powerful reason for investors to acquire the coin. The coins released before 2012 contained 22-carat gold with a fineness of 0.917. Since 1990, the gold alloy used to construct the coin contained silver, instead of copper.
Our gold experts are adept in acquiring the best deals for the gold Britannia coin as well as the silver Britannia coin. We can advise you on the right investments in gold and silver coins to strengthen your portfolio. Call our team today on (020) 7060 9992 or drop us an email and a member of our team will reach out to you right away.
Live Gold Spot Price in Sterling.Gold is one of the densest of all metals. It is a good conductor of heat and electricity. It is also soft and the most malleable and ductile of the elements; an ounce (31.1 grams; gold is weighed in troy ounces) can be beaten out to 187 square feet (about 17 square metres) in extremely thin sheets called gold leaf.
Live Silver Spot Price in Sterling.Silver (Ag), chemical element, a white lustrous metal valued for its decorative beauty and electrical conductivity. Silver is located in Group 11 (Ib) and Period 5 of the periodic table, between copper (Period 4) and gold (Period 6), and its physical and chemical properties are intermediate between those two metals.
Since its launch over thirty years ago, the Britannia Gold Coin has become popular and trusted in the international gold market and with UK gold buyers. British Britannia gold coins are purchased by bought collectors, store of value bullion buyers and tax-aware investors.
When launched in 1987, the Britannia was produced in a 22-carat gold format, giving a gold content of 91.67%, or fineness of 0.9167. Since 2013, the Britannia has been manufactured as a 99.99% pure gold bullion.
In the years prior to 1987, the UK Treasury gave consideration to and planned a British one-ounce gold coin that could compete on the international market with similar one-ounce gold coins issued by the United States, Canadian and South African national mints.
The Britannia contains exactly 1 troy ounce of gold and so is easy for UK investors to value and price using the international real-time spot gold price. Gold Britannias are liquid with most major dealers including GoldCore making a market in them. They are portable and easy to store due to their compact size, and the one-ounce divisibility allows buyers to sell a portion of their Gold Britannia holdings.
An important step in selling gold Britannia coins is getting connected with a well-known dealer. Selling gold coins privately is a time-consuming option that is fraught with risk. If you attempt to sell your gold coins to a jeweller or a high-street gold shop, you will invariably receive far lower prices than expected. A reputable gold coin dealer can offer advice on the right time to sell the coins and assist you in achieving the price you desire.
If you invested wisely, at the time of buying, you would have added divisibility to your portfolio by investing in different sizes and denominations of the gold Britannia coin. When selling, this should enable you to sell the exact amount of gold required to fund your cash requirements. This would also enable you to drip feed small amounts of gold into the market and take advantage of different price points.
Unfortunately, there's no exact science to knowing when to buy gold, but there are lots of effectiveand timeless indicators that most successful investors use to help them spot theright time to buy gold.
Since its launch over thirty years ago, the Britannia Gold Coin has become popular and trusted in the international gold market and with Northern Irish gold buyers and Irish gold buyers that are tax residents in the UK. British Britannia gold coins are purchased by collectors, store of value bullion buyers and tax aware investors.
When launched in 1987, the Britannia was produced in a 22 karat gold format, giving a gold content of 91.67%, or fineness of 0.9167. Since 2013 the Britannia has been manufactured as a 99.99% pure gold bullion coin.
In the years prior to 1987, The UK Treasury gave consideration to and planned a British one ounce gold bullion coin that could compete on the international market with similar one ounce gold coins issued by The U.S., Canadian and South African national mints.
The Britannia contains exactly 1 troy ounce of gold and so is easy for Irish investors to value and price using the international real-time spot gold price. Gold Britannias are liquid with most major dealers including GoldCore making a market in them. They are portable and easy to store due to their compact size, and the one ounce divisibility allows buyers to sell a portion of their Gold Britannia holdings.
When it comes to buying physical gold, for most of us that means snaffling away a few gold coins. They are small and convenient. And provided you can do so securely, you can keep them at home. Just remember, you may need to let your insurers know, or you can pay somebody else to look after them for you safely.
So, while collectable and bullion gold coins both have their merits in terms of investments, which you buy depends on what you are trying to achieve as a buyer. Are you looking for a safe, reliable store of value, the price of which may appreciate in these fevered times? If so, bullion is your bag. But if you are fascinated by beautiful, rare and exceptional pieces, then collectable coins are a worthy asset, but consider them more of a hobby than an investment.
Angels, ryals and guineas would pop up among others as variations of gold coins in England from the Middle Ages onwards, down to the 24-carat Britannias and 22-carat sovereigns that are still legal tender today (although no longer in circulation)
BullionVault (bullionvault.com), as its name suggests, sells bullion coins. Aside from the Britannia, other common one-troy-ounce gold bullion coins you will come across include the American Buffalo (USA), Krugerrand (South Africa), Maple Leaf (Canada), Gold Panda (China) and Gold Nugget (Australia). But only the Britannia is free of capital-gains tax in the UK. For a full list of where to buy physical gold, head to moneyweek.com/where-to-buy-gold-coins-and-bars.
The gold Britannia coins contain one troy ounce of gold and have a face value of 100. Gold Britannias also are issued in fractional sizes of one-half, one-quarter, and one-tenth of a troy ounce and with face values of 50, 25, and 10 respectively. In 2013 two additional sizes were introduced, a five ounce coin of face value 500, and a fractional size of one-twentieth of face value 1.
From 2013 the gold coins have a millesimal fineness of .9999 (or 24 carat gold). Until 2012 the gold coins have a millesimal fineness of .917 (91.7% or 22 carat gold) with the non-gold component being copper until 1989 and silver from 1990.
We recommend that serious investors in gold and silver choose only bullion coins and bars. Within that category, buyers are wise to stick with industry standard, nationally-minted coins: American Eagles and Buffalos, Royal Mint Britannias, Canadian Maple Leafs, Australian Kangaroos, and South African Krugerrands.
While we do not recommend or sell rare or collectible coins, we have access to any and all gold and silver products that might interest you. If you are looking for products not listed on our website, we can usually offer them at prices far below what our competitors would charge. Call us for more information: (888) 465-3160. 041b061a72