Gold Britannias are the most popular 1 oz gold bullion coins in UK.
They offer a great benefit to british investors. They are exempt of Capital Gain Tax in UK. The weight, purity and gold content of the 2021 gold Britannia is backed by the Royal Mint.
Depending on their year of issue, the purity of their gold content vary. 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 carat) 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 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 the exact value of your gold britannia.
Why buy 1 oz gold coins ?
Like any other gold coin, 1oz gold britannia coins are VAT free both in Great Britain and in any country part of the European Union.
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 buying gold bars make you pay less per gram, a large gold bar will restrict the fungibility of your investment.
Buying 1 ounce gold bullion coins make your investment more divisible and liquid. You can resell few gold coins when you need cash, instead of selling a whole bar at once. Therefore, it is worth paying a slightly higher premium.