Making any investment in gold has been a popular choice for hundreds of years now, as gold has always been a valuable commodity. In fact, gold is a more valuable and stable commodity than paper money, as paper money fluctuates in value during economic crisis. While paper money can lose stability in these times of crisis, gold will retain its value and stability, making it a great choice of investment.  

However, with so many gold options available for investment, it can be difficult knowing which gold to buy and invest in. Some gold options are better suited to specific investors, with options ranging from gold bars and gold coins to gold jewellery even. It is important to know which type of gold is best suited for your investment and, here at Gold Investments, we believe you can’t go wrong with gold coins. 

Here at Gold Investments, we can assist you with your gold investment portfolio, and we believe that buying gold coins is a good investment for anyone. We will offer you expert advice when you wish to make a gold coin investment, helping you find the right gold coins for your investment needs. 

Plus, on our site you will see live prices for our gold coins, enabling you to see the exact price for every gold coin at the current market value. These live gold prices will help you lock in the best price for your gold coins, ensuring you make a solid investment. 

So, if you are asking the question “is buying gold coins a good investment?”, we at Gold Investments are here to say yes, it is. Below, we will take you through why gold coins are a good investment. 

Are Gold Coins Taxable?

When you are making an investment in gold coins, you will wish to purchase at the lowest price possible. After all, the less you pay at purchase, and the more the gold coins are worth, the higher your return on investment will be. However, when you purchase gold, you need to be aware of two factors that can significantly increase the price – VAT and tax.  

If you end up paying VAT and tax on your gold purchases, you will need to wait for your gold value to rise higher than the amount of tax and VAT you paid in order to see a return on investment. This is why we always recommend buying tax free gold coins here at Gold Investments. 

Yes, certain gold coins are exempt from VAT in the UK and are also capital gains tax free due to their status as legal tender. There are some specific guidelines in place for this but, if your gold is classed as investment or bullion gold, they will be exempt from VAT. Specific guidelines include: 

  • Gold of a Purity Not Less Than 995 Thousandths of a Weight Accepted by Bullion Markets  
  • Gold Coins Minted After 1800 that:  
  • Are of a Purity of Not Less Than 900 Thousandths  
  • Is/Has Been Legal Tender in its Country of Origin  
  • Is an Investment Gold Coin as Specified in Notice 701/21A Investment Gold Coins  

Plus, if you purchase gold coins produced by The Royal Mint, such as the Sovereign and Britannia, these will be capital gains tax free too. This is due to their status as legal tender in the UK. Since all gold coins in the UK are produced by The Royal Mint, you will find that almost all British gold coins are capital gains tax free. 

What Gold Coins are the Best Investment?

Now you know a little more about the tax rates and VAT exemptions for gold coins, you might be interested in purchasing some gold coins for yourself. However, you might find yourself asking what gold coins are the best investment?  

As we mentioned above, almost all British gold coins produced by The Royal Mint are exempt from VAT and capital gains tax-free. This means that these gold coins are available for investors at a lower price point compared to other gold coins, as you won’t pay VAT or tax. And, as we stated above, the lower your gold is purchased for, the higher your return on investment can be. 

So, if you wish to purchase gold coins without paying hefty amounts on VAT and tax, we recommend purchasing gold coins produced by The Royal Mint. These would be the Sovereign and Britannia gold coins, and we have a selection of these gold coins for sale on our site. Our Sovereign and Britannia gold coins include: 

  • ¼ oz Gold Britannia  
  • 1/10 oz Gold Britannia  
  • Sovereign (Various Dates)  
  • Sovereign (2022)  
  • 1 oz Britannia (Mixed Dates)  
  • 1 oz Britannia 2023  

However, if you wish to purchase gold coins that aren’t produced by The Royal Mint, we have a variety of other options to choose from, too. We have gold coins produced by both The South African Mint and The Royal Canadian Mint, so there is sure to be an option to suit your requirements. 

As with our gold coins produced by The Royal Mint, you can be assured of the quality of these additional gold coins. 

Best Place to Buy Gold

When to Buy Gold Coins?

At this point, you should now know more about which gold coins make the best investment, the tax rates, and which gold coin sets we have available for purchase here at Gold Investments. If you are now ready to make your own gold coin investment, you might find yourself wondering when to buy gold coins. Purchasing your gold coins at the correct time is key to making a solid investment, and this is something we can assist with at Gold Investments

We mentioned our live gold prices earlier. This is a live tracker which shows the current value of gold in relation to the US Dollar, and this is the most up to date value. Our live tracker tracks the fluctuating value of the US Dollar in real time and converts this into the current value of a specific gold coin on our site. This provides you with the most up-to-date price for each gold coin. 

Using the live tracker helps you see the current value of each gold coin and how strong the US Dollar is on the financial market. This can help you decide when to make your gold coin investment, locking in the best price. 

Where to Buy Gold Coins?

If you are now ready to buy gold coins from us at Gold Investments, simply get in touch. We are one of the oldest gold bullion dealers in the UK, so you can trust us to assist with your gold investment. We have years of experience in buying and selling gold bullion, including gold coins, so our team will provide expert advice regarding gold coins.  

We always make sure our clients make the right choice for their investment purposes and, with a range of gold coins available, you are sure to find something to suit your needs. 

Check Out Our Gold Investment Options Today!

So, if you are interested in making an investment in gold coins, you need only get in touch with our team at Gold Investments. Our experts will be on hand to discuss your investment requirements and offer expert advice at every turn, ensuring you make the correct gold investment for your portfolio. 

To find out more about our gold coins, and to buy gold coins from us, give us a call on 020 7283 7752 and we will be happy to assist. Alternatively, fill out our contact form or send an email to [email protected] and we will respond shortly.